Long CADCHF: Elliott and Head and Shoulder pattern completion
Hello again guys,
I'm here once more with a trade idea about a nice looking pair, CADCHF.
As you can see from my chart the Head and Shoulder pattern is completed and the neckline is broken.
I've also included my elliott wave counts and my targets.
The targets are based on Fibonacci Retracements and Projections combined with S/R.
(If you don't believe in fibonacci ratios power watch a couple of my previous trade ideas for proof)
Will be happy to hear from you guys about your thoughts on this setup.
I'm here once more with a trade idea about a nice looking pair, CADCHF.
As you can see from my chart the Head and Shoulder pattern is completed and the neckline is broken.
I've also included my elliott wave counts and my targets.
The targets are based on Fibonacci Retracements and Projections combined with S/R.
(If you don't believe in fibonacci ratios power watch a couple of my previous trade ideas for proof)
Will be happy to hear from you guys about your thoughts on this setup.
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.