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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