GBP/CHF falling inside minor impulse 3 Next sell target - 1…
USD/CAD: the CAD plans to storm
TP1 1.2955 TP2 1.292 TP3 1.28
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming. The break of the support at 1.3055 will pull the pair out of the upward short-term channel and will activate the “Bat” pattern. Its 88.6% target corresponds to 1.28.
On H1, bears are going to storm the bottom line of the upward channel. If they succeed, the AB=CD pattern with the 200% target will be implemented.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…