Following on from our last CADCHF post, which resulted in a full TP of 900pips, we have found another great opportunity.
We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade.
Trade idea:
- Watch for bullish price action and enter
- stop loss below wave B completion (basically the lows)
- Target: 6.8 (300pips) but do actively manage your positions as we move higher.
See our last CADCHF post here:
Goodluck and as always, trade safe!
We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade.
Trade idea:
- Watch for bullish price action and enter
- stop loss below wave B completion (basically the lows)
- Target: 6.8 (300pips) but do actively manage your positions as we move higher.
See our last CADCHF post here:
Goodluck and as always, trade safe!
Nota
CADCHF 8H 
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.