FX:CADCHF   Canadian Dollar/Swiss Franc
54 1 17
We are now on the 0.382 retracement of global ad last move
if cross down this level go to 0.5 - 0.618 retracement
Going to an extension idea the blue box 1.27 -1.618 is also the 0.5 -0. 618 retracement (closer of 0.5) of global move (between the blue and the red box)
Enter only if divergence

Trade your plan - if you dont have any, avoid to trade - stay safe

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Comment: (Warning. I am a private trader. I don't sell any signals, equipment or other sources of learning about forex . I am here to share ideas based on technical analysis to improve me on Forex practice. Trading forex is dangerous and can result in significant financial losses. So I am not responsible when the results of the positions to be taken on the basis of my charts since these constitute no basic signals but simply my own market analysis. As i always says, trade your plan and if you don't have any, avoid trading.)
This one has been staying up top for a while too now. The overall trend seems to be down still. Last few candles on daily and weekly indicate bearish behaviour. I'm shorting this one.
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