USD/CAD 5th wave on the way
Hello Guys !
Overall we are seeing A bullish Flag Pattern being formed, in lower time frames we can notice 5th wave is being formed nicely after a consolidation zone.
Technical Confirmations :
1. Lower Highs, Lower Lows
2. Elliott Wave 5th push formation.
3. Correction of the Forming Trend
Fundamentals :
1. OIL Prices have already been heading up due to the OIL DEAL hopes, which correlates with USD/CAD
Stay Home & Trade Safe !
Let me know in Comments for any suggestion and if you would like to see more analysis like this.
Overall we are seeing A bullish Flag Pattern being formed, in lower time frames we can notice 5th wave is being formed nicely after a consolidation zone.
Technical Confirmations :
1. Lower Highs, Lower Lows
2. Elliott Wave 5th push formation.
3. Correction of the Forming Trend
Fundamentals :
1. OIL Prices have already been heading up due to the OIL DEAL hopes, which correlates with USD/CAD
Stay Home & Trade Safe !
Let me know in Comments for any suggestion and if you would like to see more analysis like this.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.