CADCHF - ST

Market completed correction in 7 swings, if price creates a new low, 11swings, then which is unlikely because price broke upper trendline but anything can happen in forex.

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If the current structure is a FLAT, I'll waiting for something like this

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Option 2. if we get an impulsive structure and divergence

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Plan Daily,

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UPDATE, structure look like a FLAT, we didnt have divergence but we will wait for Poloz's speech to end

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UPDATED, D, Price broke the 7th Swing, will be looking for bullish evidence then go long

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We have some bullish evidence of Pinbar

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15min, head and shoulders

Order cancelled

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Daily Revisited

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Yesterday's candle gaped and closed above resistance, now I will be buying the dips

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DAILY revisited,

Order cancelled:

setup cancelled, waiting for retracement

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UPDATE, D, If the market gives me something like this

Trade active:

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This retraced more than 50% which means trend is weak,

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0.8000 is still the target

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Trade active

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Option 2

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All cycles are done:

turning

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target 0.80000, buy at 100% ext

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Waiting for the first cycle of elliot to finish then I’ll buy

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7 swings correction

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we need 3 waves back to 50% for abc to complete a cycle then we resume higher

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Wave 5 or ext of ext of ext?

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short term

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