#usdcad #forex #trad...from CLOVER GOLD FX

11 Sep 2025, 17:20 · Views 49

#usdcad #forex #trading USDCAD on the 4h chart is showing a corrective move after completing five waves to the downside. Price has now pulled back into the key retracement zone around the 61% level which also matches a previous supply area. This zone is acting as resistance and the structure suggests sellers may step back in. If rejection holds the market is likely to continue lower toward the base of the move. The focus remains on how price reacts within this highlighted zone before confirming the next leg down.

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AUDUSD on the 4hour chart is showing a clear ascending flat support structure that has been respected multiple times indicating strong buyer interest at lower levels the recent corrective pattern has completed its abc formation suggesting the potential beginning of a bullish impulse the market is now reacting from the support zone aiming toward the highlighted resistance area where sellers may attempt to regain control as long as price remains above the ascending trend line the overall sentiment stays bullish and a continuation toward the upper resistance zone is likely

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Price following the pattern hope so will rise from the bottom to top

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US oil on the 4 hour chart is showing a descending channel pattern where price is moving between two parallel trendlines forming lower highs and lower lows after completing a five wave impulsive structure the current movement appears to be a corrective phase targeting the 61.8% retracement level the overall momentum remains bearish as price continues to respect the upper resistance trendline if price breaks below the channel support it could confirm continuation toward the next key Fibonacci extension level indicating further downside pressure while any rejection from the lower boundary might lead to a short term pullback before the next major move.

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Price continued its move lower to complete the final leg of this corrective phase. Right now, we’re tracking the last wave of a (w)-(x)-(y) complex correction, likely finishing soon near the lower trendline support. Once Wave (c) of (y) is complete, the next move should be impulsive and that’s where opportunity exists. ✅ Here’s what to focus on: 🔹 Corrections are designed to shake traders out 🔹 Impulsive moves follow when sentiment is weakest 🔹 Patience here is your real weapon Most traders panic at the end of Wave 4… …but disciplined traders prepare for Wave 5. 🚀 Don’t force trades during the correction. Let the structure finish then execute with a plan.

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#chfjpy #chf #jpy CHFJPY on the 1D shows a long impulsive structure that has now completed a five wave formation with the fifth wave forming a rising wedge pattern which usually indicates weakness in the bullish trend the chart highlights a possible reversal zone where the price has started dropping leaving a visible gap toward the lower support area this setup suggests that the market may attempt to fill the big gap as part of a corrective phase traders should watch the support region closely since a clear break below it could confirm the start of a deeper retracement while a strong rejection could lead to short term recovery before further downside continuation.

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