this is long term view of USDCAD there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5 lets see which one is going to happen
評論
⋅
so in purple situation now we are in wave 4 and maybe A wave of wave 4 has been finished. here is the zone for making any kinds of corrective patterns like zigzag, flat, triangle or complex types.
評論
⋅
this corrective structure is about to end:
評論
⋅
this is a closer view of last leg
評論
⋅
the pattern developed as an ending diagonal. I'm waiting for an impulse to upside.