Wave-Trader
Short

CAD almost hitting 6 years old downtrend

FX:CADCHF   Canadian Dollar/Swiss Franc
1943 29 67
waiting for price action on longer term downtrend line expecting short from this level
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ascending channel broken expecting correction then breakdown
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Moving nicely as was expected
moving as was expected
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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.
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here we got the pullback
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Complex correction forming
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Comment: price about to hit sell place keep watching for bearish wave
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CADCHF  On potential reversal zone
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CADCHF buy setup in the channel
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CADCHF an other amazing short setup forming


CADCHF an other amazing short setup forming


CADCHF Moving amazingly


CADCHF This pair is moving amazingly
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CADCHF Forming new structure
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good
Reply
Trade active @0.739, let's go up!
+1 Reply
fxfxfx fxfxfx
I am out for now, it is too close to the support line for my taste, I will wait and see if the channel breaks downwards or not.
+1 Reply
sure mate good luck
Reply
Wave-Trader PRO Wave-Trader
keep close eye on oil if oil bounce the CAD pairs will too
+1 Reply
fxfxfx Wave-Trader
I am on it, thanks Wave! Following your updates...
Reply
As always - good analyse, learning a lot following you.
Reply
Thanks
Reply
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