Ada hit resistance channel and i expect it to retrace
Price bounce up from support. I expect price to grow
Price broke down Ascending Trendline And should trend down
This is how i will trade GBPCHF to my target point
I am expecting an expanded flat corrective wave where B = $1974. After corrective wave, Price will grow above $2000
Chart is on Log Scale Profit projection is calculated based on % growth. This gives me a profit target based on AB=CD. AB % growth rate is 12,804.2% from $152.40 - $19,666. Price dropped to C point where growth started from $3850 and i expect termination at point D . Disclaimer: This is not a financial advise but my opinion.
H&S pattern for Bearish move for USDCHF
Bullish Accumulation and break out. Small Candles indicating Lack of Interest to sell More downside
Price broke out of consolidation and the downside continue
Price sentiment has shift to the Bull. Price bounce off support of channels. I expect price to grow to Target profit