I made previous analysis on CADCHF from the 4h and Daily timeframes. Price printed a bullish Cypher and Bullish Gartley pattern and is now approach both 2nd take profit levels.
I expect a reversal because of that and also because another W formation is forming.
If price does not break the zone @ 0.70572 then I expect a retracement to the 0.618 level @ 0.69990.
If price does break the level, I have 4 areas marked on the chart where the possible retracement will begin.
I expect a reversal because of that and also because another W formation is forming.
If price does not break the zone @ 0.70572 then I expect a retracement to the 0.618 level @ 0.69990.
If price does break the level, I have 4 areas marked on the chart where the possible retracement will begin.
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