BRITISH POUND / CANADIAN DOLLAR
assalamu ealaykum warahmatu allah wabarakatuhu
First of all, this chart is educational for me
As we note the waves of wolfi repeated more than once and always achieve their goal
Currently, if we go back to the timeframe a week, we will see that the price bounced twice from the 61 Fibonacci area that meets the EMA50.
On the daily timeframe, we also notice that the price rebounded from the 61 region with a engulfing candle with the uptrend touching the ascending channel that was formed with waves 1, 2 and 3
By maintaining the main support 1.71794, and breaching the resistance 1.73468, we will see the rest of the levels, God willing
The order can be canceled completely in the event of a close below the main support 1.71794
We ask God for success
First of all, this chart is educational for me
As we note the waves of wolfi repeated more than once and always achieve their goal
Currently, if we go back to the timeframe a week, we will see that the price bounced twice from the 61 Fibonacci area that meets the EMA50.
On the daily timeframe, we also notice that the price rebounded from the 61 region with a engulfing candle with the uptrend touching the ascending channel that was formed with waves 1, 2 and 3
By maintaining the main support 1.71794, and breaching the resistance 1.73468, we will see the rest of the levels, God willing
The order can be canceled completely in the event of a close below the main support 1.71794
We ask God for success
نسأل الله التوفيق