Sikandarrazzaq

Possible Double Flat Correction.

Sikandarrazzaq Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
We have possibly been in a long flat correction since Feb 2009 with WXY pattern marked above(GREEN).

We have not been able to break the red line.

Currently in Wave C in Wave XY.

From here we can either go for XZ wave and go for triple correction(Green Wave) OR Break the red line and go for a C leg up(BLUE WAVE).

Lets see how it goes.

This is for education purpose only.
Please give your feedback.
Comment:
Sorry I meant Long correction since Feb 2019 not 2009.

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.