ABC
USDCHF. Buy on dips. Risk/Reward > 4Hello, it looks like we have finished the abc correction after a stong impulse upside in wave A.
The wave c in abc correction was 5 wave impulse with an ending diagonal in wave 5 of 5 of 5.
We already have a strong upmove in place. Buy on dips seems to be a good trade as Risk/Reward > 4.
Target 0.9920 (C=A).
Stop 0.9583 (below current impulse)
CADCHF nice sell setup in formation wait to complete correction.Hi Guys, This one is pretty good, by looking at the potential of this move, this can go all the way to break the bottom of A wave to complete bigger ABC, A wave itself was pretty messy, so C wave can be also of the same nature, so take short terms trade like this one then wait for correction then sell again.this correction looks incomplete so let it complete before jumping in. Good luck!
EURNZD Look for Downside For C wave, Similar to Eurgbp little upHi Guys, Another nice one, similar to eurgbp, this one is also pointing to downside for completion of ABC corrective pattern. I will post follow through as I find trade setup on lower time frame. These are nice risk to reward trades don't miss these. Let it break and make flag on lower timeframe.