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Wave-Trader
Sep 15, 2018 11:56 AM

CADCHF Buy the breakout  Long

CAD/CHFOANDA

Description

Hi there,

CADCHF is setting up for the breakout.

Watch for the breakout and look for buy on breakout.

In case if we dont see the breakout and price fall back to the bottom we will look for bigger correction or buy at bottom.

Only strong fall can change the buy setup. Corrective fall even below the trend live will not change it.

If price goes beyond the trend line then watch 786 or 886 of FIB live for long.

Good Luck

Please support the setup with your likes, comments and by following on TradingView thanks

Comment

Perfect. So that was the breakout. More to come on this pair. if you guys are in then look for more upside. If not then look for short term correction and breakout for upside.
Comments
BraveHeart379
Thanks, i got it, it's an hour chat.
BraveHeart379
What time frame is this chat?
Wave-Trader
@SwingStrategies, it’s a 60 minutes chart.
BraveHeart379
@Wave-Trader, Thank you so much. I looked at the chat and it seems to be going back up from 38.2 fib
Juanchoguti
Thanks for sharing!
Wave-Trader
@Juanchoguti, thanks for your feedback
Larry007
Thanks for sharing your ideas!
BilginC
Why would price go up from here?
Wave-Trader
@BilginC, I am sorry may I ask why would price go down from here?
suhandi85
Thank you for your info.
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