Each time usdcad recorded a new bottom, it returned 78.6% of its previous wave. This time too, considering the new price bottom record and the powerful daily candlestick, we expect the same behavior as before.
Gold returned well from the bottom of the canal after forming the twin floor and seems to be able to grow to the top of the channel
We are currently in wave 5 of branch c. Microwave 2 is almost complete and with the formation of wave 5 from the diagonal ending pattern, we enter the buy position for wave 3.
After a sharp downward movement, it has reacted well to the trend line. Due to the rapid reaction to the trend line, we expect the formation of a harmonic pattern. The buy limit has been determined and if the price reaches the buy limit, we will open the buying position
Excellent trading position with attractive risk to Rivard Be ready to sell
It seems that we have to wait for a growth up to the specified range and complete the bat harmonic pattern
Do not miss wave 5. It seems we have to wait for more fall
After completing a 5-wave movement, there is a possibility of forming a head and shoulder pattern
The fourth wave is complete and as the triangle breaks, we expect to move towards the designated target
Very good trading position Put it on your watch list and be ready
After the price crosses $ 1758 and the pullback reaches that level, you can enter the buy trade
After breaking its 1-year uptrend line, the pair had a reversal of the trend line, which seems to be wave 4 of the c-branch. We have an abc structure that is being developed. He also has a very good risk to Rivard.
As long as the price does not penetrate above the moving average, sell positions will be offered.