traderWgun
Long

A recovery or a reversal?

FX:CADCHF   Canadian Dollar/Swiss Franc
203 4 0
This market has completed 7 swings lower in a double zigzag formation and should at least see a recovery higher.
The next wave could be the start of a reversal or wave XX             in a triple zigzag .
i put my st at the .8230 and then i'll trail my tp
Reply
Bearish candle stick at the daily close today. also bearish divergence on lower time frames
snapshot


This is starting to look like a flat, and flats make very deep retraces,
so we could see this pair testing the lowes in the coming days
before a big rally in 5 waves.
snapshot
Reply
Long-term down trend still intact. Short-term reversal to the recent highs at 0.84 possible.
Reply
traderWgun ForceFollower
if my wave count is correct then it should retrace higher then .8400. But we shall see, could still see another short term low before higher.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out