The historical price chart is taken from the RSWA forum. The author of the work is honored and respected, I am sure that it is worth a lot of work to collect and process such an array of data. But for a number of reasons, I did not consider it necessary to publish the original version of the markup.
In Fig.1 there is a marking of my authorship, which suggests the development of the (c) as part of the "Grand Supercycle"((IV)). _______________________________________ โ USDCAD (FXCM):๐4D Fig.2
The wave structure of a wave (B) of โ meets all requirements, can be considered complete. At the same time, you can find a dozen variants of local alternatives that allow the formation of correction (B) to continue in one form or another. _______________________________________ โ USDCAD (FXCM):๐1D Fig.3
One of the most likely, in my opinion, local alternatives within the daily timeframe is marked in black, namely the A-B-C , within which C forms the . This marking option will become the main one in case the current top (B), level 1.20036 is broken. _______________________________________ โ USDCAD (FXCM):๐8h Fig.4
Most likely, wave 1 of (C) takes the form of an consisting of zigzags. _______________________________________ _______________________________________ โโ Alternative count โ USDCAD (FXCM):๐4D Fig.5
In Fig.5, there is another version of the wave counting, which can be implemented in the medium term.
The โ can significantly expand its boundaries. Yes, there are questions about the counting of some wave structures, but for that it is an alternative scenario. _______________________________________ Disclaimer:
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