$AUD vs $CAD Weekly Chart.Flat completed |#aud #cad #fx #aussie
Traders,
Since 29.07.2013 AUDCAD has been in a corrective regular flat pattern and has given us a 3-3-5 sequence till now, so expecting this correction to end for the last final [C] wave which will probably unfold into a five-wave motive sequence to complete the A-B-C ZigZag pattern.
In the regular flat:
1 - Wave-(A) developed into a ZigZag internal structure 5-3-5, ending at 1.03500
2 - Wave-(B) developed into a Zig-Zag internal structure 5-3-5, ending at 0.91502 breaking (A) wave's origin by 16 pips.
3 - Wave-(C) developed into a 5-wave ending diagonal motive structure, with a truncated 5th wave as it was unable to break iii. wave's end. Patterns orthodox high slightly broke wave's (A) end, giving us a regular flat pattern.
First target is 0.85775 ( [B] wave's low in the bigger ZigZag pattern) where many Fibonacci measurements cooperate, pointing a High-Probability reversal target.
Trade with discipline
Best
Since 29.07.2013 AUDCAD has been in a corrective regular flat pattern and has given us a 3-3-5 sequence till now, so expecting this correction to end for the last final [C] wave which will probably unfold into a five-wave motive sequence to complete the A-B-C ZigZag pattern.
In the regular flat:
1 - Wave-(A) developed into a ZigZag internal structure 5-3-5, ending at 1.03500
2 - Wave-(B) developed into a Zig-Zag internal structure 5-3-5, ending at 0.91502 breaking (A) wave's origin by 16 pips.
3 - Wave-(C) developed into a 5-wave ending diagonal motive structure, with a truncated 5th wave as it was unable to break iii. wave's end. Patterns orthodox high slightly broke wave's (A) end, giving us a regular flat pattern.
First target is 0.85775 ( [B] wave's low in the bigger ZigZag pattern) where many Fibonacci measurements cooperate, pointing a High-Probability reversal target.
Trade with discipline
Best
Nota
3 years later, haven't even touched this chart.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.