Hello friends
In the CADCHF currency pair, we expect the price to grow, but why?
In this currency pair, we are witnessing the formation of 2 5-wave patterns and 2 zigzag patterns, which can be called 1 or A and 2 or B and 3 or C.
In my opinion, considering the price drop and the formation of these patterns, it is evidence of a price reversal.
Therefore, I expect the formation of wave 5.
I also consider the stop loss at 0.62100.
If our theory is correct, we expect the price to grow to the level of 100% and then 161.8% Fibonacci.
To support me, I recommend installing the Trading View application on your phone and see my analyses and support me with your comments and Boost. Be successful and profitable.
In the CADCHF currency pair, we expect the price to grow, but why?
In this currency pair, we are witnessing the formation of 2 5-wave patterns and 2 zigzag patterns, which can be called 1 or A and 2 or B and 3 or C.
In my opinion, considering the price drop and the formation of these patterns, it is evidence of a price reversal.
Therefore, I expect the formation of wave 5.
I also consider the stop loss at 0.62100.
If our theory is correct, we expect the price to grow to the level of 100% and then 161.8% Fibonacci.
To support me, I recommend installing the Trading View application on your phone and see my analyses and support me with your comments and Boost. Be successful and profitable.
Trade fechado: objetivo atingido
Nota
We have reached the first target .
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.