Wave-Trader
Short

CADCHF Forming new structure

FX:CADCHF   Canadian Dollar/Swiss Franc
1554 7 62
18 days ago
Hi fellows. This pair has broken previous pattern and structure and now forming new patterns. we have a very strong impulse on left side which means price may fall to bottom again and longer term trend is bearish . I am looking for sell near upper trend line . Look for sell setup on nice price action near trend line . My longer term view is bearish on this pair. Of course we gonna get couple of short trade in this big move to the downside. Good Luck fellows.
11 days ago
Comment: Price hitting the top watch for sell and use reasonable stop loss..............
10 days ago
Comment: Price getting rejection from top................
7 days ago
Comment:
snapshot
7 days ago
Comment: If price hit the top sell using reasonable stop loss...............
a day ago
Comment: Hi fellows, impulse is forming over there i am expecting trend continuation pattern if price start to form any trend continuation pattern then i will look for sell again and in case price rise back to the top again then i will look for sell again at the top here is the update fellows.....
snapshot
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watsonzou26
18 days ago
Hi Wave-trader,

New pattern was formed and why you are still looking for sell? Any clues here for me? Thanks in advance.
In my view, this pair has high possibility of breaking up and it will be very bullish run.
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Wave-Trader PRO watsonzou26
18 days ago
@watsonzou26, what are the reasons which are saying to you that this pair will be very bullish run mate?
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watsonzou26 Wave-Trader
18 days ago
@Wave-Trader, 1. New bullish pattern. . Monthly chart trend line was broken. 3. Looks like buying power below strong.
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Wave-Trader PRO watsonzou26
18 days ago
@watsonzou26, what pattern you can see over there any name of that pattern mate. which monthly chart trend line broken descending flat or what else. i think you are relying only on pin bars ya?
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mshuaibi PRO
18 days ago
Thanks for the thumbs up a definite sell opportunity. Nice structure. I would have missed this as I cant keep up with 30 pairs :) I have already started shorting in 20 pip increments with a 1.1 multiplier. Looks like a nice medium term sell. Good luck
Reply
Wave-Trader PRO mshuaibi
18 days ago
@mshuaibi, cheers mate and good luck....
Reply
senzigh
10 days ago
Thank you very much for the great ideas..
Reply
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