CADCHF still in uptrend?
The market is following a clear uptrend, it recently got a correction and the price is still pushing up.
We are right now on the 5th Elliot’s wave, the perfect moment to entry short till the trendline. If the price will bounce again on the trendline we can think to entry long till TP1 , if the price will breakout the support, we will wait for the next analysis!
Let us know if you like our opinion, and if you have some different idea, just leave here a comment!
Enjoy Traders!
We are right now on the 5th Elliot’s wave, the perfect moment to entry short till the trendline. If the price will bounce again on the trendline we can think to entry long till TP1 , if the price will breakout the support, we will wait for the next analysis!
Let us know if you like our opinion, and if you have some different idea, just leave here a comment!
Enjoy Traders!
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