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Bearish harmonic pattern

Ucef Posted 31 Mar as Analysis on CAD/CHF, Target: 0.7175, Date: 1 di Maggio, 12:00 GMT  in #Technical analysis #CAD/CHF #Harmonic Trading #Bearish Bias #Fibonacci Level #Channel Breakout
Daily Vision
The pair trend is bearish in daily time frame. Vital resistance is present at weekly close. In past few trading days, price has completed possible bearish impulse Wave-A and moved up.
Based on Elliott wave analysis, I now expect price action to print bullish Wave B. The trend is bearish and a good idea is to look for a sell trading chance to join the down trend after the end of bullish Wave B leg in current time frame or smaller time frame targeting 0.7175.
However, if bullish ca…
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Further bullish pressure

Ucef Posted 29 Feb as Analysis on CAD/CHF, Target: 0.7434, Date: 1 di Aprile, 12:00 GMT  in #Technical analysis #CAD/CHF #Elliot Wave #Fibonacci Levels #Bullish Bias #Channel Breakout
Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 0.7434.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
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CADCHF Loses upside momentum

Ucef Posted 31 Gen as Analysis on CAD/CHF, Target: 0.7452, Date: 1 di Marzo, 12:00 GMT  in #Technical analysis #Resistance #CAD/CHF #Breakouts #Bearish Signs #Support Line #Downward Channel #Channel Breakout
Daily analysis
CADCHF printed a rejection to halt its upside offensive and close lower the past week. This price action has created downside risk as we enter a new week. On the downside, support comes in at the 0.7385 level. A turn below here will open the door for more weakness targeting the 0.7345 level and followed by the 0.7365 level. A cut through here will bring additional weakness towards the 0.7369 level.
Weekly analysis
CADCHF opened the week at 0.7314 and touched a high of 0.7387. The …
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