USDCAD 4H - EW

THIS IS NOT A TRADING ADVICE!!!
INFORMATION HERE WILL BE USED FOR A FUTURE AI

1W view

12345 wave, we are at 5 impulsive part, blue i ii iii iv v is 1st wave of 5th wave, after we reach blue V we expect to see a correction before we move high.

1D view

Here we see cyan I II III IV V wave which forms 5th wave of 12345 green.
Blue I II III IV V forms 1st wave of cyan wave.

We are now at Vth blue wave. Shaded area is possible V area. V th wave is an abc wave (green 5 th wave is a diagonal). We are now moving in a wave of abc.

Expect to short at red a point targeting cyan II, then long at that point.

تعليق:

تعليق:

shark pattern harmonic still forming possible target shaded around point d.
blue IV completed we are not between IV - V most probable formation is abc.
a is counted as 5 wave with 5th wave truncated.
b wave is again expected to be a three wave correction abc zigzag, possible target area shaded around b.
based on b wave target area, possible target area for c is also shaded.
target area for V is still large because abc correction may form more complex formation.

تعليق:

تعليق:

تعليق:

BC green leg is an impulsive leg 12345.
We are now forming the end of 4, after 4 is confirmed, expect to see a downward move to (c - green) area.

تعليق:

correction abc had been changed to wxyz and now I believe that impulse has started to form.