Alternative 1 and 2 of USDCAD
I see this pair going up/long in the near future but for now, there seems to be a contracting triangle forming and I see this as a sign by having the inner wave giving us impulse and corrections.
Elliot wave principle states that Triangle is a pattern seen during sideways market consolidations and is composed of 5 corrective sequences. It presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility.
I see this pair going up/long in the near future but for now, there seems to be a contracting triangle forming and I see this as a sign by having the inner wave giving us impulse and corrections.
Elliot wave principle states that Triangle is a pattern seen during sideways market consolidations and is composed of 5 corrective sequences. It presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility.
Nota
Triangle invalidated. Now just a simple WXY structure.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.