Market Outlook and Analysis (Nov2019 Week4)
Currency Pair: CADCHF
Technical Analysis – CADCHF
CADCHF D1 Chart: Resisted, dropped and then formed HnS to short again
Expecting the pair to fall further to minimally complete the ABCD move. Could be expected to fall much further down to the lows at 0.7300 again
CADCHF H4 Chart: Approaching Sell Zone
Let’s see if the pair get’s resisted by the Sell Zone. It would be a great opportunity to take the short trade again.
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