1.Strong weekly fib 61.8%
2.Divergences
3. Potential completion of wave 5
4. Advanced bearish formation
Price can reverse from where it is now or it can retest the red zone before any correction.
Good Luck!
2.Divergences
3. Potential completion of wave 5
4. Advanced bearish formation
Price can reverse from where it is now or it can retest the red zone before any correction.
Good Luck!
Komen:
Komen:
Price reached resistance trend line.
Komen:
Komen:
CADCHF created a retraced up to 61.8% of the move down and created a nice flag. I am looking it as a 3 wave or 5 wave correction. Wait for a break and close of the candle outside the flag.
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