USDCAD is going complete the fifth wave of an impulse wave labeled 1 or A. RSI divergence between wave 3 and 5. Recommend: short when price break below subwave iv of 5. Stop loss at extreme of wave 5. Target: at termination level of wave 4
GBPUSD has likely end of 5 waves moving down. Base on channeling technique, wave 5 is likely end. Also, RSI between wave 3 and 5 shows divergence and tweezers candle pattern support that price tend to move up. But there are some counter reasons included RSI of wave 3 does not show extreme (usually extreme) and RSI of wave 5 not higher than of wave 3 (its equal,...
NZDUSU has moved uptrend with diagonal pattern (motive wave, labeled A or 1). The correction wave (labeled B or 2) with zigzag pattern is likely end at 0.66024. By at this level, we can see there is fibonacci confluence which are 0.618 fib retracement of first motive wave (diagonal) and where c leg equal 1.216 a leg (of zigzag pattern). Also, the there is strong...