PipsMatter

Possible 50 pip bull push on CADCHF

Long
PipsMatter Updated   
FX_IDC:CADCHF   CANADIAN DOLLAR / SWISS FRANC
Since the gaps yesterday the markets have been, as Trump says, a mess. But they will go back to normal in todays and tomorrows trading sessions.

The 3 Lower Lows pattern

This pattern has served as benchmark for quick moves to the upside and I strongly believe that history will repeat itself which will cause CADCHF to head higher, by about 50 pips, in todays session.

Trade closed: stop reached:
Trade closed out negative.

Abnormal movement in the markets since the Monday gaps has caused pairs to ignore technical information.

The markets will stabilize soon.

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