CAD/CHFShort
CAD/CHF - Bearish 5-0
Here we have another 5-0 pattern but this time on the 1h timeframe with CAD/CHF.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Price is currently completing the C point at the maximum 2.24, exceeding this level would invalidate the pattern.
I'll be looking to go short from 0.74250.
I hope you all have a great weekend :)
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Price is currently completing the C point at the maximum 2.24, exceeding this level would invalidate the pattern.
I'll be looking to go short from 0.74250.
I hope you all have a great weekend :)
📈 Master the Art and Science of Trading: sixfigurecapital.com
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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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
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.