FX:AUDCAD   Australian Dollar/Canadian Dollar
Looks like a wave 5 here. Got all the symptoms. 1.618 min extension of the wave 1, divergence on the RSI, “snake” formation on the stochastic. There is nice subdivision on the lower frame. I’m not looking to trade this as wave 5’s are tricky to trade. If it does follow through I’m looking for the following correction to trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.