In one of our earlier analysis, we posted a massive short where we banked over 900pips!
Now that the bearish trend has completed, we are now in bullish territory.
CADCHF is currently in a big bullish ABC correction. Wave B tends to be a complex one and that is what we are currently focusing on.
We have 3 trades lined up for CADCHF.
Trade 1. - watch for price to complete current retracement - Entries are valid anywhere below the highs - Watch for break of the retracement for continued weakness - Stops above highs - Target: 0.664 (150pips)
If this post gets enough engagement, we'll update how to enter with confirmations for trade 2 and 3.
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.