RESULT

 

UPDATE/FOLLOW UP:

The price made a move higher closer to the swing high. If you managed to catch any of it well done. 

What’s next?

  • Consolidation/Triangle or ABC

In my opinion a consolidation pattern is much more likely to happen now rather than ABC. In any case I’m following both scenarios.

UPDATE/FOLLOW UP 2 – Invalidation:

The level I was following was reached, however it was later on invalidated (breaking below) without forming a tradable pattern(entry). 

CADCHF invalidation