USDCAD has been trading in a zigzag structure (channel) with higher highs and higher lows on daily timeframe. It has reached a horizontal resistance zone. we can notice a WXYXZ Elliot structure, with ABC patterns in every impulse and X correction after it (11 waves in the channel). USDCAD is close to the end of the last extended wave C: we can notice in it 12345...
In a chaotic market, it is nice to see the order, I had a tough time to figure it out, but I finely did it. Soon I will publish the 2nd helf of it and I will add some pictures for you to easy to follow. I added the videos I mentioned for you to follow in case you want to understand better my analysis fundamentals and guidelines. "A Dramatic Headline" "A Trip To...
Here I explain the differences and similarities between ETH and BTC, by this analysis, we can see the recent price drop is only because there is a big up-rise just around the corner. The BTC area is a bit less clear than the ETH, and so I presenting my analysis on the ETH.
Hello Traders, Long anticipation on aus200. I will be honored to have your reflections on my anticipation. Thank you.
Short-term upside is still needed for the audusd complex correction