As u can see on weekly chart the 5th and last wave for downtrend still will continue until divergence and starting on the new trend for long.For now should to waitin for this divergence, but the price should to drop still.
Here on H1 chart the view is perfect for regular bullish divergence on EUR/USD.As u can see the price already is made (LL) lower lows, but the oscillator is made HL (higher lows).I think is good for long.
Amazing hidden bearish divergence.Price make lower high, but the oscillator is already made higher high!!!When you see this that means the pair will continue to shoot lower and major trend will fall again!On m30 and h4 have this hidden divergence, too!!
Okey, from yesterday have A LITTLE long trade for usd/cad.But as you can see here we have regural bearish divergence and the trend continue with it official trend for short.That were 5 wave on 30 minute time frame and if you take a look will see that 5 wave have on H1 and second corrective on H4 soooo good for short.
This is bearish hidden divergence.This type of divergence is when the trend continue...(in this case to go down).Hidden bearish divergence:Price make lower high(LH), but the oscilattor make higher high(HH) as you can see....But last days CAD dollar non stop make a lot of corrections.Should to be so patient!!!!!Soon ...
As you can see the first impulsive wave was in the beginning of 2016, then we see the second-corrective and touch a major resistanse, sooooooo for me we should waitin' for the 3rd big impulsive wave...sooon :)
Already have the last 5th wave for long, now the price touched a major resistance 38 fibo(which I know from my platform in forex, here don't use fibo.So for me this is for big shortttt...new week comin' and will see ;)