GWaves
Short

$CADCHF | Bearish Wolfe Wave | 1-4 Target Line

FX:CADCHF   Canadian Dollar/Swiss Franc
139 5 9
Hello Traders,

This pair offers us a great short set up at point 5. I would look for the 1-4 line as the exit point.

Best,
Chartistry
Comment:
snapshot

Internal geometry formed. Rogue wave in play.
Comment:
snapshot


Update: 2-4 line broken, analysis remains the same. 1-4 target line. However, I would be mindful of Geo's Off-Set Rule at point 4.
please , update chart again , thank so much.
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GWaves PRO ChatchaiVong
Hello @ChatchaiVong, I have updated the chart. Analysis remains the same.
Reply
thank so much.
Reply
Do you still think it's a good idea to go short?
Reply
GWaves PRO maksheetal
Hello Maksheetal, based on the geometry a short would be the favorable position.
Reply
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