CAD/CHFLong
CAD/CHF Harmonic BD Trade Setup
CAD/CHF Harmonic BD Trade Setup
Pattern: Harmonic Pattern
Entry Level: Above 0.62946
Target: 0.63611
Description: This is a BD trade setup identified using harmonic patterns. The potential reversal zone (PRZ) aligns with the harmonic ratios, indicating a high-probability trade setup. The entry above 0.62946 provides a clear breakout signal, aiming for the target zone at 0.63611.
Analysis: Based on the harmonic structure, this trade leverages Fibonacci retracement and projection levels for precise entries and exits.
Timeframe: Daily Chart (D1)
Risk Management: Ensure appropriate stop-loss levels below the PRZ to manage risk effectively.
Pattern: Harmonic Pattern
Entry Level: Above 0.62946
Target: 0.63611
Description: This is a BD trade setup identified using harmonic patterns. The potential reversal zone (PRZ) aligns with the harmonic ratios, indicating a high-probability trade setup. The entry above 0.62946 provides a clear breakout signal, aiming for the target zone at 0.63611.
Analysis: Based on the harmonic structure, this trade leverages Fibonacci retracement and projection levels for precise entries and exits.
Timeframe: Daily Chart (D1)
Risk Management: Ensure appropriate stop-loss levels below the PRZ to manage risk effectively.
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.
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.