Dollar Américain / Dollar CanadienMis à jour USDCAD Alternative views #USDCAD
Alternative 1 and 2 of USDCAD
I see this pair going up/long in the near future but for now, there seems to be a contracting triangle forming and I see this as a sign by having the inner wave giving us impulse and corrections.
Elliot wave principle states that Triangle is a pattern seen during sideways market consolidations and is composed of 5 corrective sequences. It presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility.
I see this pair going up/long in the near future but for now, there seems to be a contracting triangle forming and I see this as a sign by having the inner wave giving us impulse and corrections.
Elliot wave principle states that Triangle is a pattern seen during sideways market consolidations and is composed of 5 corrective sequences. It presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility.
Note
Triangle invalidated. Now just a simple WXY structure.
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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.