CAD/CHF: Pending in the bought possible!!!
Canadian Dollar/Swiss Franc forming a bullish market structure that the price could to climb up and we see an interesting long position to watch now
Analyzing the H4 timeframe, I mark the key point of the Elliot Wave Cycle that you can to read in the link that I post in the section to related ideas.
But analyzing more deep, the price it's in the 0.382% Fibonacci and we expect any bullish signal in the price action in H1 timeframe.
The H4 it's my fast driven to look, but I put my conservative target in H1 timeframe.
I will udpate this par when I identify a bought signal
Analyzing the H4 timeframe, I mark the key point of the Elliot Wave Cycle that you can to read in the link that I post in the section to related ideas.
But analyzing more deep, the price it's in the 0.382% Fibonacci and we expect any bullish signal in the price action in H1 timeframe.
The H4 it's my fast driven to look, but I put my conservative target in H1 timeframe.
I will udpate this par when I identify a bought signal
Still alert in H1 timeframe, as I dont analyzed in this timeframe today, if CAD/CHF doesn't break out this resistance in this channel, we could to see any group of price action indicating sell. Still pending if I decide to short CADCHF in that point when complete the formation of this candlestick. By the contrary, I will notify here.