IgnatBorisenko

USDCAD - wave B is going to move on

FX:USDCAD   U.S. Dollar/Canadian Dollar
We've got a possible double zigzag in wave B. So, the current zigzag (a)-(b)-(c) is likely going to move on next week
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Doublebullchuck
2 months ago
Maybe I am incorrect but my understanding was " Wave X is any correction pattern, except a triangle or a double or triple pattern." Doesn't this make your correction a 3-5-3?
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IgnatBorisenko PRO Doublebullchuck
2 months ago
May be we use different sources of the Elliott Wave Theory, but as I know from Robert Prechter' book, wave X (in Double Three or Double Zigzag) could be any correction pattern, including a triangle.
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