Hello Guys !
Overall we are seeing A bullish Flag Pattern being formed, in lower time frames we can notice 5th wave is being formed nicely after a consolidation zone.
Technical Confirmations :
1. Lower Highs, Lower Lows
2. Elliott Wave 5th push formation.
3. Correction of the Forming Trend
Fundamentals :
1. OIL Prices have already been heading up due to the OIL DEAL hopes, which correlates with USD/CAD
Stay Home & Trade Safe !
Let me know in Comments for any suggestion and if you would like to see more analysis like this.
Overall we are seeing A bullish Flag Pattern being formed, in lower time frames we can notice 5th wave is being formed nicely after a consolidation zone.
Technical Confirmations :
1. Lower Highs, Lower Lows
2. Elliott Wave 5th push formation.
3. Correction of the Forming Trend
Fundamentals :
1. OIL Prices have already been heading up due to the OIL DEAL hopes, which correlates with USD/CAD
Stay Home & Trade Safe !
Let me know in Comments for any suggestion and if you would like to see more analysis like this.