Double zigzag pattern on daily chart
Hi guys
Diagram from my point of view: Mr. Nobody 😎
US dollar = Canadian dollar
The daily corrective pattern may be a double zigzag, three waves down and currently three waves up, which (wave B) is completing, which is a zigzag pattern.
But (Wave C) of (Wave B) is likely to be an impulse and then it will go down again and the upward trend will follow again
Good luck, if you see a weakness in the analysis, accept my apology because experience in market analysis comes first. 😓
Be successful in your transactions, be patient and happy
Diagram from my point of view: Mr. Nobody 😎
US dollar = Canadian dollar
The daily corrective pattern may be a double zigzag, three waves down and currently three waves up, which (wave B) is completing, which is a zigzag pattern.
But (Wave C) of (Wave B) is likely to be an impulse and then it will go down again and the upward trend will follow again
Good luck, if you see a weakness in the analysis, accept my apology because experience in market analysis comes first. 😓
Be successful in your transactions, be patient and happy
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.
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.