Elliott wave analysis of USD/CAD (Canadian D)

The triangle ended or is ending in the wave of "2" (look update from August, 3 in my telegram channel). I marked these two options on the chart. In my opinion, they are most likely now.

If initials are forming after the triangle, the pair will begin to plummet (the Canadian dollar will strengthen) right from the current values. This option will receive confirmation when the breakdown of the orange levels are, there I will increase the position in a short.

If the wave "c" of (e) is forming, then the fall of the pair is planned approximately from the turquoise (blue) area. Then you can try to take shorts from a green fib with a stop on the red level. Because the red level should not be broken in any of these cases.