Double zigzag??Running flat!!!
Hello friends and good night
US Dollar= Canadian Dollar
The closing price is $1.39777, which I have labeled the third wave
Which is also the starting price of the correction, that the wave (A-W) is a zigzag pattern!
Wave (B-X) is a flat pattern and wave (C-Y) if wave (C) which is an impulse pattern, could it be the end of a corrective pattern (flat running)? Fourth wave! (first possibility)
(it can also be a double triple combination pattern) and the uptrend has started???? Fifth wave!
But the impulse pattern should break the high of $1.39777 and then a clear corrective pattern is observed.
Second possibility: It can be a double zigzag pattern.
Then it goes down once more to complete the pattern and then the bull market starts.
good luck Be happy and enjoy your life
I hope you have had a good week.
US Dollar= Canadian Dollar
The closing price is $1.39777, which I have labeled the third wave
Which is also the starting price of the correction, that the wave (A-W) is a zigzag pattern!
Wave (B-X) is a flat pattern and wave (C-Y) if wave (C) which is an impulse pattern, could it be the end of a corrective pattern (flat running)? Fourth wave! (first possibility)
(it can also be a double triple combination pattern) and the uptrend has started???? Fifth wave!
But the impulse pattern should break the high of $1.39777 and then a clear corrective pattern is observed.
Second possibility: It can be a double zigzag pattern.
Then it goes down once more to complete the pattern and then the bull market starts.
good luck Be happy and enjoy your life
I hope you have had a good week.
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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.
Related publications
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.