AUDCAD – Is the Downward Impulse Wave Coming to an End?It appears that the 1-5 impulse wave is reaching its final stages. However, in corrective structures, it's common to see waves like W-Y, W-Z, or extended patterns that mimic impulse waves.
For that reason, it's crucial to wait for a confirmed break of the descending trendline before considering a reversal or entry. Patience and confirmation are key. 🔍📉