CADCHF Daily Chart.Looking to buy the next big impulse.
Hello mates ,
Here we are in a correction of the previous impulse XA , we will be looking to buy near a break the previous bottoms , confirming that with a flag , maybe near the 61.8% of the previous impulse . Also it is forming a Bullish Bat Pattern , if we reach that area before we see a confirmation of an uptrend , we should watch that too. Do not buy too early , you do not have to be the first to buy , or else your SLs will be activated soon :P
Take care
Happy Pips!
Here we are in a correction of the previous impulse XA , we will be looking to buy near a break the previous bottoms , confirming that with a flag , maybe near the 61.8% of the previous impulse . Also it is forming a Bullish Bat Pattern , if we reach that area before we see a confirmation of an uptrend , we should watch that too. Do not buy too early , you do not have to be the first to buy , or else your SLs will be activated soon :P
Take care
Happy Pips!