a pullback it is normal...
1. Fibo ret. ext. 1.618 (12023) wave (iii)
2. Cypher pattern in development
A cypher pattern in development...
BEARISH CYPHER PATTERN
1est target 0.75409
2nd target 0.73961
long position on next bullish candle
A downtrend continuation
After Gartley's Pattern completion last year, croud oil seems
that targeting 74.76 level.
2)GARTLEY PATTERN COMPLETION
3)TARGET 10520 AREA
As we see crude-oil broke the resistance of 52.60. The next resistance is in 67-69 area. So the correction of loonie will continue till the 1.20 area
1.XABCD PATTERN TARGET (0.74271)
2.FIB 1.618 (0.74206) FROM WAVE A (ORTHOLOGICAL TOP 0.74937)
a) 61.80% fibo ret
If it is, then the target is in 9830 area
The triangle ABCDE that started in 1997, completed last June.