It's not late to jump in and ride the short term wave for 60+pips.
Strategy: Shift in Direction
There is BOS and Correction to 78.6% fibo level of the swing that caused the break. I expect price to grow to my target 2, but first, i have to cover the cost by taking profit in-between.
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Hello everyone, as we all know the market action discounts everything :)
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CAD/CHF has started this week's session with a great Bullish movement crossing all the daily resistance lines and seems to be gaining more momentum by the hour.
Here we have cadchf as we can see it has been taken support at the lower side we have form here I am looking for long position from here
Say yourself to motivate
Treading is very easy
And I will control my emotions here
The MArket has been oversold and also on ascending support as in longer timeframe market is moving in a falling wedge. So from the support level, i am expecting the market to buy for 70 to 80 PIPS.
Commodity markets struggle to rebound, but the Canadian dollar remained under strong pressure even at the latter part of last week trading session.
The appearance of a Double Top structure ( a strong reversal pattern) on the chart confirms that the price has found a peak @ Fr0.75000 and has since the beginning of May 2021 continue to find lower lows which...