Canadian Dollar/Swiss Franc
Mis à jour

CADCHF - Over 1000pips Banked. What Is Next?

1055
CADCHF has given us over 1000pip worth of setups. We are now looking for one more trade setup to complete this bearish wave.

We know that Waves 1, 3 and 5 have a 5 wave structure. We are currently in wave 5 and looking for 5 subwaves to complete the bearish sequence.

Trade idea:
- We are in subwave 1 (of wave 5)
- Watch for subwave 2 retracement
- price should not go above 0.683 = invalidation level
- Targets: 0.645 (300pips), 0.62 (550pips)

Goodluck and as always, trade safe!

See our previous CADCHF setups below:

CADCHF - Catch This Easy Wave! 🏄🏼‍♂️


VIP - CADCHF - SHORT


VIP - CADCHF - LONG
Note
snapshot

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.