Wave-Trader

CAD almost hitting 6 years old downtrend

Short
Wave-Trader Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
71
waiting for price action on longer term downtrend line expecting short from this level
Comment:
ascending channel broken expecting correction then breakdown
Comment:
moving as was expected
Comment:
Comment:
Comment:
Comment:
there is huge potential in this trade setup because it is forming bearish flag on daily time frame which shows bulls have lost momentum to the upside and huge wave down may come with impulsive move.
Comment:
Comment:
here we got the pullback
Comment:
Complex correction forming
Comment:
Comment:
Comment:
price about to hit sell place keep watching for bearish wave
Comment:
Comment:
Comment:
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.