USDCAD | The best scenario for the fall đź“ť
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave b at higher timeframes.
Wave b is being formed as a flat and in this flat waves a and b are complete and wave c is being formed.
The price is in a sensitive area and we can not say for sure, but we still think that the c wave is not complete yet and the decline will continue.
If the red circle is broken, this possibility is confirmed, and if the purple circle is broken, the hope of climbing will decrease.
This analysis is fielded if the price crosses Fibonacci 0.618 per wave b at higher timeframes.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
In this analysis, we examined wave b at higher timeframes.
Wave b is being formed as a flat and in this flat waves a and b are complete and wave c is being formed.
The price is in a sensitive area and we can not say for sure, but we still think that the c wave is not complete yet and the decline will continue.
If the red circle is broken, this possibility is confirmed, and if the purple circle is broken, the hope of climbing will decrease.
This analysis is fielded if the price crosses Fibonacci 0.618 per wave b at higher timeframes.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️