EURCAD (1D) has comp... dari CLOVER GOLD FX

14 May 2025, 03:09 · Views 137

EURCAD (1D) has completed a clear five-wave impulsive structure to the upside, with Wave (5) ending within a rising wedge pattern, indicating potential exhaustion. The current breakdown below the wedge support and the corrective structure labeled as (A)-(B)-(C) suggests a deeper retracement toward the previous Wave (4) and horizontal support around the 1.5200 area. Additionally, bearish RSI divergence confirms momentum weakening during Wave (5), supporting the bearish bias. A sustained move below 1.5550 could accelerate the downside, making 1.5200 a key target for bears in the coming sessions.

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New Update: This is not a call. Please make sure to add it to your watchlist and monitor closely for potential opportunities in the coming days.

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