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melikatrader94
Sep 13, 2022 6:46 AM

CADCHF... three drives...analysis 

Canadian Dollar/Swiss FrancFXCM

Description

hello guys...

cadchf after formed a spike candle started to make three drives... so far have made two drives and i am waiting for third one... for forecasting i use movement steps and measure last correction, distance and height of two drives.

i think my analysis is so clear for you. but if you have any question please ask.

always do your own research.
And please don't forget to support this idea with your like and comment.

Comment

pink zone is so potential area for long position. wait for it

Trade closed: target reached

Comments
MegaMentor
what will be last price for sell will it go down to 0.72480 what us your opinion
melikatrader94
@MegaMentor, in my opinion it will be 0.7209
behzadasghari1
afarin
melikatrader94
DemoDiaryFX_Trading
like your charts, thanks for your work!
melikatrader94
@DemoDiaryFX_Trading, thanks a lot
jafarnoori65
greeting for this analysis ,the best time to enter is exactly the pink area it is possible to go lower than that area
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