CADCHF Weekly Buy - finished 0.618 retest area, ready to push up
CADCHF experienced a powerful daily bullish candle last week, indicating confirmed buying volume. It has since retraced back to the FIB 0.618 area, creating a higher low formation with the 3rd wave of a reversal wedge pattern. Based on this, we anticipate CADCHF to push higher, targeting the price area of 0.684.
Trade closed: stop reached
It gently hit the stop loss, we have another post here:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.