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
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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.