thillygoosth

CAD/CHF buy

Long
OANDA:CADCHF   CAD/CHF
Cadchf produced a bullish gartley on daily and also a classic bat on 4hr. As to whether this will wind up being a very big trade, I can't say as of now. Cadjpy broke low, but when I look at chfjpy (which I have previously pointed out the downside) my choice would be cadchf. I believe it will either form a corrective flat or triangle to go down more, but could potentially be a much larger trade long term. If we have an ABC correction here on daily that would mean a lot of pips when it is ready. Keep in mind it may consolidate down more, didn't properly produce a diagonal yet, but if that happens, even better entry and confirmation. I will try to get a weekly outlook by tonight. I am small and will be monitoring this pair for potential setups. This pair is VERY choppy ans slow mind you...

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.