CADCHF | 3H Chart |

66


๐ŸŽฏ Triangle Tightens โ€” Precision Required

In true Monaco fashion โ€” elegance meets precision.

๐ŸŸช Pattern: Contracting Triangle (ABCDE)
โš™๏ธ Price perfectly respecting dynamic structure
๐Ÿ“Currently printing leg D โ†’ E with bullish momentum from the base trendline
๐ŸŽฏ Anticipated move towards 0.5849 resistance zone

๐Ÿง  Playbook Setup:

๐Ÿ“ˆ Long from 0.5817โ€“0.5820

๐ŸŽฏ Target: 0.5837โ€“0.5849

๐Ÿ›‘ Invalidation: Close below 0.5817


๐Ÿšง Wave E = decision point
Breakout or reversal? Play the retest like a gentleman.

๐Ÿ“Š Bias: Short-term bullish to complete the structure โ€” then react, not predict.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.