phi35

A nice Flat!

Short
phi35 Updated   
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
A nice Flat is forming, and the calculated confluence zone seems to confirm the price target.
When you look at the oscillators, you can easily see that they topped at critical levels.
Comment:

After a break the development goes on and it seems to become a ZigZag with an internal subdivision of 5-3-5.
The reason for that could be the extension in the previous 3rd wave down.

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