DavoodWadi

Symmetrical Triangle on CADCHF Update

FX:CADCHF   Canadian Dollar/Swiss Franc
The "d" leg has bounced off the trendline perfectly and is heading downwards.

We're currently sitting in the "e" leg of the triangle, so it's a crucial moment.
Once we hit the lower trendline the price will jump up out of the triangle and a new bullish 5 wave move would be on the way.

I'm putting my buy orders at around 0.843 where it takes the same amount of time it took for the "d" leg to form.

We will have more info on the exact entry point as soon as the (a) leg of the "e" leg forms, then we can set the entry point using fibonacci.

Will update as soon as I get more data.

Till then, have a nice day.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out