2405 CADCHF update after holding a trade 1 month with tp1 hit
CADCHF is the pair that I sent a signal to short it on 25th April which finally hit tp1 yesterday with 110 pips profit.
If you check it on this weekly chart WITH OUR CHANNEL ABC TRADING STRATEGY, you will get a very clear idea why I am still shorting it.
I would say now this pair is on its grand super convergent triangle corrective wave which should have 5 waves to go with. Now this pair is on its 5th wave of this grand super corrective wave. The red bottom is where it could go reach for.
The end of this grand super corrective wave could be a new start for blue 5th wave up for 1000 pips.
This is a really slow pair with a flat wide chart rising up if you go check on this weekly chart. As a swing trader, I am following this red arrow swing waiting for more tps to be hit soon.
LESS IS MORE!
If you check it on this weekly chart WITH OUR CHANNEL ABC TRADING STRATEGY, you will get a very clear idea why I am still shorting it.
I would say now this pair is on its grand super convergent triangle corrective wave which should have 5 waves to go with. Now this pair is on its 5th wave of this grand super corrective wave. The red bottom is where it could go reach for.
The end of this grand super corrective wave could be a new start for blue 5th wave up for 1000 pips.
This is a really slow pair with a flat wide chart rising up if you go check on this weekly chart. As a swing trader, I am following this red arrow swing waiting for more tps to be hit soon.
LESS IS MORE!
