ForceFollower
Short

CAD/CHF Rangebound But Inching Higher

FX:CADCHF   Canadian Dollar/Swiss Franc
116 10 1
I expect the resistance to put a halt to the current rally and bring it back down. Price is clearly following the blue up fork though, so, as always, a good dose of caution is warranted.
take care, i am thinking about back to breakpoint and bulish resume
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itaskar itaskar
snapshot
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I know it's looking bullish. But it also looks like a correction, a resistance up ahead, and no new high yet. So I stepped in with a short.
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itaskar ForceFollower
in 1d its for my correction as well, but in 4h bullish maybe till 0,8300. i am not good in elliot waves, but the first corecction in 4h looks like flat correction, and now its creating third wave, in my opinion..
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itaskar itaskar
btw. in 4h ichimoku we are in bulls territory, and it looks like there will be a cross
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itaskar itaskar
sry, i dont know how happens this :))
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itaskar itaskar
i think gbpnzd picture
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The Bank of England's news announcement. So, are you long gbp/nzd?
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itaskar ForceFollower
not yet, iam waiting for daily hammer :)
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OK. New high. A higher high. But the orange resistance still holds.
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