CAD/CHF - Long: Market Order.
Afternoon traders.
Im going long in a trade... let me break this down for you.
HTF all show bullish momentum, for more of a breakdown of this I have published a story on this Pair previously in the week.
LTF- We have made a few bounces of this HTF Mitigation Block, on smaller time frames price has made a few pushes off this Mitigation Block and on this particular pullback we can notice an Elliot's Wave "ABC" Pattern forming showing us the end of the consolidation phase. Im looking for price to break this Resistance zone as well as breaking this Liquidity Trend. Im targeting higher TF liquidity and I have my Stop Loss below the Higher TF Mitigation Block
Good Luck to all the Traders that decide to follow
Im going long in a trade... let me break this down for you.
HTF all show bullish momentum, for more of a breakdown of this I have published a story on this Pair previously in the week.
LTF- We have made a few bounces of this HTF Mitigation Block, on smaller time frames price has made a few pushes off this Mitigation Block and on this particular pullback we can notice an Elliot's Wave "ABC" Pattern forming showing us the end of the consolidation phase. Im looking for price to break this Resistance zone as well as breaking this Liquidity Trend. Im targeting higher TF liquidity and I have my Stop Loss below the Higher TF Mitigation Block
Good Luck to all the Traders that decide to follow
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