CADCHF is trading within the range indicated by the dotted line, which delineates swing points on the Daily and Weekly timeframe. After an aggressive sell-off this week, it has retraced to the 0.69200 level and 0.705 weekly fibonacci retracement.
I think it may rise up next week to pick up liquidity, before coming back down to take out the sell stops resting below 0.69200 and beyond!
I think it may rise up next week to pick up liquidity, before coming back down to take out the sell stops resting below 0.69200 and beyond!
Trade active:
If you took the LONG you should be up 90 PIPS+
You're Welcome :)
You're Welcome :)