CADCHF
- Bearish Butterfly formation (extendable from 1.27 to 1.41) some pips above in the main golden zone
- the market will probably go up to test the Major quarter point, and go overbought touching the up Bollinger band.
- check the RSI for the divergence confirmation
Risk Reward ratio 1:5 (50/250)
however:
- we have a Bearish Gartley Completed with a nice bearish tweezers candlestick pattern at point D
- close to the major quarter Point.
so check the retest at the point D
- Bearish Butterfly formation (extendable from 1.27 to 1.41) some pips above in the main golden zone
- the market will probably go up to test the Major quarter point, and go overbought touching the up Bollinger band.
- check the RSI for the divergence confirmation
Risk Reward ratio 1:5 (50/250)
however:
- we have a Bearish Gartley Completed with a nice bearish tweezers candlestick pattern at point D
- close to the major quarter Point.
so check the retest at the point D
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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.
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.