The market is following a clear uptrend, it recently got a correction and the price is still pushing up. We are right now on the 5th Elliot’s wave, the perfect moment to entry short till the trendline. If the price will bounce again on the trendline we can think to entry long till TP1 , if the price will breakout the support, we will wait for the next...
Look to long around 50% fibb. Uptrend is nice and smooth.
#CADCHF ready for Long position in H4 time frame by ichimoku and andrews pitchfork.
Sell CADCHF; going to test 4hr structure as shown on chart
-The trend is bullish -Buy now and set tp at the next resistance level -Resistance level can be gotten from the weekly chart -This is for swing traders only -Remember to always use proper mm. bye for now amigos
CHANNEL=EQUIDISTANT TRENDLINES FAN=3 LINES RADIATING OUT FROM THE SAME SPOT
As we see the buyer bloke the resistance zone I should advice you to look for opportunities for buy also we have seen Canadian dollar become weak that another reason i advice you to buy. Please leave a comment na a like will help me alot to keep the good job. Thanks ✨
... No any alert to be provided for any market change ...Compare with your analysis to come up wit nice concussion Have a nice trade
...No any alert to be provided for any market change ...Compare with your analysis to come up with nice conclusion Have a nice trade
- I do consider this Bat as a correction pattern so the price can go back to the downtrend, we don't have to bother ourselves about other things because this's a simple edge but with significant structures, the Downtrend crossing the PRZ and the Bat pattern in itself. - Okay, let's go to the rules that are also simple: 1. Harmonic Pattern Completion - 65%...
Pair: FX:CADCHF Bias: Long Price broke through previous highs and is now coming back to retest, waiting for nice rejection to validate long opportunity
Price action continues to be trading with a rising channel spotted in D1. Then, in H4, an expected pullback to the trendline in confluence with Fibonacci level 61.8 for a long entry will be placed. The diminished bullish momentum in MACD could support this pullback. A buy-limit entry for a bounce strategy from the trendline+Fib level, give enough room for the...