ForceFollower
Short

CADCHF A Scenario for a hungry bear

FX:CADCHF   Canadian Dollar/Swiss Franc
69 0 1
If resistance of prior lows holds, it will act as a ceiling for the coming price action.

The CAD is nearing the completion of the falling stage of momentum cycle, not particularly oversold yet, but it may be able to show some strength now. The CHF is starting to get hotter and overbought, and yet it's very strong, not to be fought against. So I'll be looking to go short again just below the very ceiling, expecting another leg down.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out