AUDCAD Daily: Start of 5th Wave

41
Looking at the AUDCAD Daily chart, its been in an Elliott Wave impulse pattern since the 9th of February with wave 1 starting at the 0.96451 price level.

Currently its seems to be at the end of wave 4 and will continue with the bullish momentum. On wave 5 we could see the price move to a previous structural high (1.03473) which will be just above the Fibonacci 161.80 level.

AUDCADsnapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.