Here triangle is going to end its formation very soon and a break to the upside is expected to unfold the green wave 5.
Triangle is a type of correction that always precedes the final movement in the larger trend.
If assume that wave 5 will be the same length (as waves 1 and 3 are equal in length), the price will go above 6 CAD.
Triangle is a type of correction that always precedes the final movement in the larger trend.
If assume that wave 5 will be the same length (as waves 1 and 3 are equal in length), the price will go above 6 CAD.
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