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.
