Dollar A.S. / Dollar KanadaDiupdate USDCAD Alternative views #USDCAD
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.
Catatan
Triangle invalidated. Now just a simple WXY structure.
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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.