CAD/CHF - Bearish 5-0
Hello, traders! I hope everyone had a great weekend. I am PUMPED for the week ahead!
Here, we have a bearish 5-0 pattern on the 4h chart with the CAD/CHF.
The Canadian Dollar is looking bullish on all charts this week.
With price beginning to reverse at the C point, which is a strong support/resistance zone, we can look for price to make its way up to D point.
The level in the market we are looking for a reversal in price is 0.7424
Risk/Reward Ratio - 1:3
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Here, we have a bearish 5-0 pattern on the 4h chart with the CAD/CHF.
The Canadian Dollar is looking bullish on all charts this week.
With price beginning to reverse at the C point, which is a strong support/resistance zone, we can look for price to make its way up to D point.
The level in the market we are looking for a reversal in price is 0.7424
Risk/Reward Ratio - 1:3
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.