#cadchf #cad #chf The CADCHF 14H chart shows that the pair has been trading in a clear downtrend forming a falling wedge pattern after an extended bearish move. The recent solid breakout from the wedge signals a potential shift in momentum as buyers start gaining strength. The breakout candle indicates increased bullish activity suggesting that the market may attempt a corrective rally toward the next resistance area shown by the red arrow. This upward move represents a possible reversal phase where price could retest previous structure levels before deciding its next major direction. Overall the chart reflects early signs of recovery with the breakout acting as a key confirmation for short term bullish continuation.

Tuyên bố miễn trừ trách nhiệm: Quan điểm được trình bày hoàn toàn là của tác giả và không đại diện cho quan điểm chính thức của Followme. Followme không chịu trách nhiệm về tính chính xác, đầy đủ hoặc độ tin cậy của thông tin được cung cấp và không chịu trách nhiệm cho bất kỳ hành động nào được thực hiện dựa trên nội dung, trừ khi được nêu rõ bằng văn bản.

EURGBP is respecting a well defined ascending support line, showing that buyers continue to defend higher lows despite recent corrective pressure. After forming a symmetrical triangle between wave W and wave X the pair broke to the upside, completing wave Y and creating a three-wave corrective structure labeled A B and C. Price has now tapped the ascending support at point C indicating the correction may be complete and suggesting the potential beginning of a fresh bullish impulse. As long as this support trendline holds the market structure favors an upward continuation, with buyers likely aiming for a retest of previous highs.

CLOVER GOLD FX

XAUUSD on the 4H is compressing inside a clean symmetrical triangle after completing a corrective structure where price respected both trendlines perfectly showing strong buildup of pressure as buyers continue to defend higher lows while sellers cap the highs and this type of consolidation often leads to an explosive breakout with momentum favoring an upside continuation if price holds above support and confirms a bullish break and retest toward the upper trendline opening the path for a measured expansion move toward the next major resistance area while risk remains defined below the triangle base.

CLOVER GOLD FX

The Dollar Index on the 4H timeframe is moving within a clear ascending channel structure showing a strong bullish momentum after breaking above a key resistance zone that now acts as support. The recent breakout confirms the continuation of the uptrend suggesting that buyers are in control and aiming for a higher swing within the channel. Each corrective wave has been followed by a strong impulsive leg maintaining market structure and validating the channel’s reliability. As long as price holds above the breakout zone the bullish outlook remains valid with potential for further upside movement toward the upper boundary of the channel completing the fifth wave of the sequence.

CLOVER GOLD FX