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.
ForceFollower
2 years ago
Long-term down trend still intact. Short-term reversal to the recent highs at 0.84 possible.
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traderWgun ForceFollower
2 years ago
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.
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traderWgun
2 years ago
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
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TawanHomhaun
2 years ago
i put my st at the .8230 and then i'll trail my tp
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