Pin_Point_Signal_Service

End of impulse wave and start of correction

FX:USDCAD   U.S. Dollar / Canadian Dollar
On the chart we can see 5 impulse wave completion. All Wave rules are met (wave 3 can never be the shortest wave, wave 5 is equal as wave 1) except wave 4 which did overlapped wave 1. Now we should see corection zigzag, flat or triangle.
Comment:
Also we can see Hidden Divergence on RSI
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.