CADCHF - Catch This Easy Wave! ๐๐ผโโ๏ธ
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๋ฐ์ดํธ๋จ
CADCHF is currently trending bearish = looking for only sell setups.
In this analysis, we can see multiple degrees of waves.
Major waves = Black bracketed waves
Subwaves = Red circled waves
Minor waves = small red bracketed waves
We are currently in subwave 3 which has 5 minor waves.
We are seeing minor wave 2 correction now and anticipating minor wave 3 move lower.
Trade idea:
- Watch for rejection of sell zone
- Risk entry on rejection of fib
- Safe entry on break of red trendline
- Targets: 0.712 (250pips), 0.69 (450pips), 0.65 (700pips)
Goodluck and as always, trade safe!
In this analysis, we can see multiple degrees of waves.
Major waves = Black bracketed waves
Subwaves = Red circled waves
Minor waves = small red bracketed waves
We are currently in subwave 3 which has 5 minor waves.
We are seeing minor wave 2 correction now and anticipating minor wave 3 move lower.
Trade idea:
- Watch for rejection of sell zone
- Risk entry on rejection of fib
- Safe entry on break of red trendline
- Targets: 0.712 (250pips), 0.69 (450pips), 0.65 (700pips)
Goodluck and as always, trade safe!
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Saveable post ๋
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CADCHF 8H: Running 350pips ๐ฅ๋
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+900pips โ
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