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Slyshady12
Feb 16, 2019 8:27 AM

CADCHF POTENTIAL LONG Long

Canadian Dollar/Swiss FrancFXCM

Description

The price just showed a sign of breaking the strong resistance line un the weekly timeframe and there is descending channel
Formed in between , as we all know the price usually break the steepy resistance of a descending channel.
So We'll wait for a clear sign of breakout and a retracement before going long..
Comments
ForecastCity
May I ask why do you think the resistance is broken? I'm not sure about it.
Slyshady12
@ForecastCity, yea... it showed a sign ,I said..And only suggested going long after it breaks out clearly...Go back and read what I wrote please...
ForecastCity
@Sylvicnicks, that's what i thought. waiting for the break out signs.
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