Multiple zigzag already painted out, we are doing another one. This means we can estimate where this latest fractal might max out at. Down we go. Goals are in purple, invalidation in red. And ofcourse, as always, do not take anything I say, including this update, as financial advice. I may be scoring 70-75% success on my predictions, but this does not mean you...
I've adapted my current Squeeze and MACD method which has proved to be highly effective so far by using real time trades to see whether the strategy works.
(By real real time trades I mean using the strategy and waiting to see how the market responds, not actually placing an actual trade.)
I've adapted this method to see if I can "clean up" and false trades and...
Potential sort for CHFCAD.
I'm looking to see price pullback to the neckline at 1.4400. Will look for entry after the bounce.
T/P @ 1.4250 - just above previous lows - for 150 pips.
S/L @ 1.4440 (40+ pips).