Hello friends
In the AUDCAD currency pair we see a 123 or ABC pattern
In the range of 0.9015 to 0.9052 we have an important static resistance
Therefore, we expect to have a correction in both cases
This correction can be wave 4 or the beginning of a downward trend
If it is wave 4, according to Elliott's rules, it can go down to 0.8752 without violating Elliott's rules.
Be successful and profitable
In the AUDCAD currency pair we see a 123 or ABC pattern
In the range of 0.9015 to 0.9052 we have an important static resistance
Therefore, we expect to have a correction in both cases
This correction can be wave 4 or the beginning of a downward trend
If it is wave 4, according to Elliott's rules, it can go down to 0.8752 without violating Elliott's rules.
Be successful and profitable