Wave structure

49
USD/CAD. Bullish structure.
In Elliott wave principle, the market moves in waves, and each wave has its own sub wave which can be labelled as a 1,2,3,4,5.
Wave 1,3 and 5 are impulsive waves while wave 2 and 4 are corrective waves. Currently we've completed the wave 4. We're heading up to complete the 5th wave.
NOTE: do not jump into the market. This structure is to help you see an overview of the USD/CAD. 1DAY structure.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.