Its seems eurusd is in a last part of a correction (C wave) and I'm waiting for more singe that shown C wave have finished.
In h1 timeframe, it seems wave C after an ending diagonal 5 waves finished. but I have to wait for final signs. I think break out the price of last top that shown on chart with green line is a good sign to shown that wave C is finished. and it can be a good trigger for a long position. the red line can be a good stop loss if my analysis will not be correct.
After 5 wave impulsive , I'm waiting for the end of an ABCDE correction in shown time and price PRZ . if my prediction happens in shown PRZ after E wave, I will be ready for a long position.
usually after an ending diagonal we Expectation for a sharp movement against the main tend. after 5 wave the correction is started .
and know the correction wave is completely clear. the price is near to one of wave four cluster. according to my last bitcoin analysis i am waiting for bitcoin in a price cluster 44000-41000$ or if the correction become deeper I'm waiting for 35000$ or over 31000$. you can see my ex analysis about bitcoin and bitcoin price targets in my profile.
after a deep downtrend usdcad is ready for a serious swing,
This is unbelievable to me, but the charts do not lie to us I'm waiting for more signs. Wave 4 is a wave against the direction of the main trend. The important thing is that it should not be done in the opposite direction of the transaction process.
It seems that Bitcoin is in an ABC correction and is ready to return bullish trend after the correction is completed in one of the price clusters shown.
is it a serious trend line ? this trend line can be a support .