Nice analysis here. Kudos to who made this. This is a real and true elliot wave count, almost exactly what i published. Also, the ziz-zag consolidation permit me to say that shoukd lead to a downward move normally after the 5th(e) bounce. And this will lead to the final trend continuation of elliot wave count 5 before a reversal on correction of abc.
However one must look for a nice entry and risk to reward ratio inevitable.
Nice charts.
Best of luck trading it man
manijeh.kazemi.33
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thank you chrystael I wish you luck
DavoodWadi
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I still think the analysis can be true.
We often see the triangles turning into flats just to shake the sellers.
IvanLabrie
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Indeed, but nzd seems stronger than cad right now.
DavoodWadi
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The last candle is a double top.
Makes me a little suspicious ;)
manijeh.kazemi.33
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thank you Davood I wish you luck
DavoodWadi
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Thank you.
I don't trade these crosses. Too risky for my taste! ;)
However one must look for a nice entry and risk to reward ratio inevitable.
Nice charts.
Best of luck trading it man