Elliott Forecast - CADCHF: Possible 7 Swing WXY Elliott Wave Correction

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Elliott Forecast

CADCHF: Possible 7 Swing WXY Elliott Wave Correction

Since April 22/2016 CADCHF seems to be in a Elliott Wave corrective pattern. A 7 swing WXY Elliott Wave pattern can be seen and we at EWF always encourage to buy or sell corrections on the swings 3, 7, 11. CADCHF made a bounce on the 7th swing September 27/2016 and has now dipped back to the 0.618% Fib. retracement of the September 27/2016 low. It is possible now that CADCHF can move higher from current levels. Bullish patterns, blue and red, have already retraced back to the minimum 0.50% Fib. retracement BUY triggers signalling for higher prices in the coming days and weeks. A break below September 27/2016 low will invalidate the bullish red pattern and the 7 swing Elliott Wave sequence. Any buying stops should be placed at the September 27/2016 low

*** Always use proper risk/money management according to your account size ***

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25/10/2016 1 EN

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Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

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CADCHF: Possible 7 Swing WXY Elliott Wave Correction

Elliott Wave View: USDCHF Zigzag Corrective Rally Expected to Fail

Royal Gold (RGLD) Bullish Nest for a Break Above $200

S&P500 (SPX) Elliott Wave Forecasts Amid Tariff Uncertainties

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