Cardano - ADAUSD - EW analysis - daily time frame 5th wave

2021年7月28日

ADAUSD - It seems like the up move is in 4th wave correction as triangle as possible scenario and expecting the 5th wave up. BUT the up move in 1 hr time frame is not a clear impulse, so better to wait for more confirmation for next move. Alternatively it can go down as wxy wave where x wave itself become triangle and y will make new low below 1.01 to complete the 4th wave of daily time frame and then turning up for 5th wave.