USDCAD 4H EW
Updated
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INFORMATION HERE WILL BE USED FOR A FUTURE AI
Direction: Ascending
Tendency: Descending
1M Chart
I expect the impulsive motive wave starting from November 2007, has just completed 1st subwave (cyan I) of 5th wave (green) and started to move towards correction II (cyan). 5th wave may either be a diagonal or an impulsive wave.
1D Chart
4th (green) wave started on September, 2017 and I believe it is a diagonal of (3-3-3-3-3). According to my understanding we are now at correction phase and moving towards II (cyan) area. This area is a little big, however subwave pink WXY is narrowing the alternatives. Target for Y is also marked on the chart. We are not sure yet whether this is correction is a WXY or WXYZ or a flat ABC.
4h Chart
INFORMATION HERE WILL BE USED FOR A FUTURE AI
Direction: Ascending
Tendency: Descending
1M Chart
I expect the impulsive motive wave starting from November 2007, has just completed 1st subwave (cyan I) of 5th wave (green) and started to move towards correction II (cyan). 5th wave may either be a diagonal or an impulsive wave.
1D Chart
4th (green) wave started on September, 2017 and I believe it is a diagonal of (3-3-3-3-3). According to my understanding we are now at correction phase and moving towards II (cyan) area. This area is a little big, however subwave pink WXY is narrowing the alternatives. Target for Y is also marked on the chart. We are not sure yet whether this is correction is a WXY or WXYZ or a flat ABC.
4h Chart
Note
Expect to see a more extended subwave C
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