STOP/ENTRY/TP - CADCHF - SHORT ( 4.3% )
Weekly chart reversal looks good.
Daily Chart DDP - Daily Direction Prediction - Looks good confirm the move lower.
4hr chart - This is where the PA will be bumpy as 4hr PA is sitting on S1.
1hr chart - Ideal ENTRY would have been the 1hr 50 EMA test previously ( orange arrow ).
I would need a decent PB to an ENTRY of Value and for the entry to correspond with the 1Hr 50 EMA again.
This may not occur given the amount of acceleration being shown LOWER.
The red arrows depict the General idea of the movement in the PA I'm after.
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Amendment to the Chart descriptions - R1 should be S1 ( orange text on screen )
Kind Regards
Daily Chart DDP - Daily Direction Prediction - Looks good confirm the move lower.
4hr chart - This is where the PA will be bumpy as 4hr PA is sitting on S1.
1hr chart - Ideal ENTRY would have been the 1hr 50 EMA test previously ( orange arrow ).
I would need a decent PB to an ENTRY of Value and for the entry to correspond with the 1Hr 50 EMA again.
This may not occur given the amount of acceleration being shown LOWER.
The red arrows depict the General idea of the movement in the PA I'm after.
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Amendment to the Chart descriptions - R1 should be S1 ( orange text on screen )
Kind Regards