USDCAD 1H Chart.Geo completes, Eyes 1.3300.
Traders,
1- The Geo (WolfeWave) completed its 5-point target at its ectopic 5' level
A price reversal from Point-5' offers the HIGHEST probability of attainment at a price level corresponding to Point-4 (1.3432).I am looking for further targets at least for 1-4 line (close 1.3300) according to the bigger EW 5) last impulsive wave.
2- Internal Geo's structure developed into a corrective double 5-3-5 pattern typical of Elliott Wave's Double Zig-Zag (WXY) ending at 0.382-Fibonacci retracements of the bigger impulsive wave
3- Internal ab = cd geometry near "Model" target.
4- A Negative Divergence associated with Bearish trending markets, disclose a significant decline.
Trade with discipline.
Best,
1- The Geo (WolfeWave) completed its 5-point target at its ectopic 5' level
A price reversal from Point-5' offers the HIGHEST probability of attainment at a price level corresponding to Point-4 (1.3432).I am looking for further targets at least for 1-4 line (close 1.3300) according to the bigger EW 5) last impulsive wave.
2- Internal Geo's structure developed into a corrective double 5-3-5 pattern typical of Elliott Wave's Double Zig-Zag (WXY) ending at 0.382-Fibonacci retracements of the bigger impulsive wave
3- Internal ab = cd geometry near "Model" target.
4- A Negative Divergence associated with Bearish trending markets, disclose a significant decline.
Trade with discipline.
Best,
Comment:
Target Hit
Trade closed: target reached
