The future wave (b) can be a supply zone.

42
In EURCAD, I found there was impulse moved and it ended on January 26,2021 at level 1,55938 (I labelled it as wave (v) of a). Today Feb 1,2021, the price is drop and can it hunting the next support 1,54154. What I think right now is that support potential can being reversal point for the price to go back to supply zone between level 1,55518-1,55826.

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.