Possible up move "all the way up" to daily trend line.
Note
My Idea is : Pick one currency pair randomly and track algorithm according to elliot wave movement. I have been monitoring CADJPY currency pair for almost two weeks now and its proving that the price action moves in waves like elliot said. So this is just another prediction according to text book. My emphasis is on fibonacci clusters. As shown on chart fibonacci extension of wave 3 is almost perfectly aligned with fibonacci retracements so this 5th wave can end anywhere from 38.2% retrecement and 161.8% extension to 61.8% and 261.8% extension.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.