2205 CADCHF waiting for the new impulse wave on daily chart
CADCHF has a broken trend line on daily chart.
It start its 1st impulse wave aftet that.
We are now checking on the 4h chart to see if the corrective wave has any sign of finishing.
Indeed, the left 4h chart is a five-wave trend which now is showing some bear signal on the reflection point of the channel.
This could be the end of corrective wave and a new start of impulse wave looking down to 0.74 for 136 pips.
LESS IS MORE!
It start its 1st impulse wave aftet that.
We are now checking on the 4h chart to see if the corrective wave has any sign of finishing.
Indeed, the left 4h chart is a five-wave trend which now is showing some bear signal on the reflection point of the channel.
This could be the end of corrective wave and a new start of impulse wave looking down to 0.74 for 136 pips.
LESS IS MORE!
