CADUSDT correction appears to be approaching a critical juncture, with a well-defined ending diagonal structure suggesting that wave 5 is nearing completion. This projected fifth leg presents a technically sound accumulation zone, and a successful breakout from the diagonal pattern is likely to initiate a significant bullish move toward the internal supply zone (ISZ).
The expected path, outlined on the chart, anticipates initial rejection at the ISZ before a possible continuation breakout propels price toward the final projected target an area where major distribution and potential sell-off could emerge.
The long-term trendline extending from the previous all-time high remains a pivotal structural element and must be closely monitored as it continues to guide broader market sentiment.
The expected path, outlined on the chart, anticipates initial rejection at the ISZ before a possible continuation breakout propels price toward the final projected target an area where major distribution and potential sell-off could emerge.
The long-term trendline extending from the previous all-time high remains a pivotal structural element and must be closely monitored as it continues to guide broader market sentiment.
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