


BijayRai93
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since Apr 3, 2021
gann
waveanalysis
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This chart provides my future view on cadchf perspective which is undergoing a running flat correction .In 2 hr tf.I see it going further down after the bounce off the RSI 60 level which is Cardwellian RSI range rule. Given the bollinger band burst in higher tf (weekly) , it is likely to do down . Alternative scenario will be a complex prolonged consolidation.
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The chart shows my estimation of CadChf's price action based on Elliot wave perspective coupled with waves RSI and Ichimoku cloud properties . I also use KCT (Kennedy Channeling technique )and Fibonacci. Here the fifth wave is running with its extension into minor five waves . We could see price bounce after the completion of the Last minor fifth wave .
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