After a lot of whipsawing price action on EURCAD, and AUDCAD, I could now see the kind of price pattern in the making.
When there is a range-bound or contracting price action, it usually tends to be a Triangle. I'm able to label the price action on EURCAD.
And if the count is correct, price should resume higher from or near the current market price and the invalidation level should remain intact for the bullish bias to remain valid.
What's your thought? Bullish or Bearish?
When there is a range-bound or contracting price action, it usually tends to be a Triangle. I'm able to label the price action on EURCAD.
And if the count is correct, price should resume higher from or near the current market price and the invalidation level should remain intact for the bullish bias to remain valid.
What's your thought? Bullish or Bearish?
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