Hi all, CADCHF looks like it is currently at a neutral position right now as I would recommend to wait until Monday to see what price wants to do! We have two cases where we can put some BUY orders if the support is respected AND if an uptrend starts again, we can buy the resistance turning into support.
We can sell if the price does fall, wait for a retest, and then sell if all goes well.
I personally think CADCHF will continue to move up in price to be honest but Monday will tell us.
We can sell if the price does fall, wait for a retest, and then sell if all goes well.
I personally think CADCHF will continue to move up in price to be honest but Monday will tell us.
Comment:
Hi all, CADCHF took a while to break a zone but eventually broke support and we just have to wait for a retest and then take a buy order! Happy trading all!