Hi traders,
I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there.
Entry: 0.778
Stop: 0.8
Target 1: 0.7356
Target 2: 0.7005
Best of luck!
I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there.
- Trend continuation
- Previous support & resistance
- Trendline
Entry: 0.778
Stop: 0.8
Target 1: 0.7356
Target 2: 0.7005
Best of luck!
