I made previous analysis on CADCHF from the 4h and Daily timeframes. Price printed a bullish Cypher and Bullish Gartley pattern and is now approach both 2nd take profit levels.
I expect a reversal because of that and also because another W formation is forming.
If price does not break the zone @ 0.70572 then I expect a retracement to the 0.618 level @ 0.69990.
If price does break the level, I have 4 areas marked on the chart where the possible retracement will begin.
I expect a reversal because of that and also because another W formation is forming.
If price does not break the zone @ 0.70572 then I expect a retracement to the 0.618 level @ 0.69990.
If price does break the level, I have 4 areas marked on the chart where the possible retracement will begin.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.