Good morning traders!
Today we are looking at the CADCHF. On the daily chart of CADCHF we are observing a nice higher degree three wave move to the upside in action, with price specifically trading in minor wave two as part of blue wave C.
On the 4h chart we believe market is trading in a three wave correction within two corrective channel lines, with waves a and b already completed, and now red wave c in motion towards the 0.7800 level. If we are on the right track and more upside will follow, then the following sub-wave two may offer some support for bulls.
Today we are looking at the CADCHF. On the daily chart of CADCHF we are observing a nice higher degree three wave move to the upside in action, with price specifically trading in minor wave two as part of blue wave C.
On the 4h chart we believe market is trading in a three wave correction within two corrective channel lines, with waves a and b already completed, and now red wave c in motion towards the 0.7800 level. If we are on the right track and more upside will follow, then the following sub-wave two may offer some support for bulls.
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US Single STOCKS (FREE Access), FX, Crypto
7 DAY TRIAL: testwt7
👉Explore Our Services with @ wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
7 DAY TRIAL: testwt7
👉Explore Our Services with @ wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.