CADCHF is about to reverse down
CADCHF is completing a pattern which brings us to a conclusion that the pair will come down. There is a chance the pair will make one more high before turning the direction.
The outcomes of the move might be significant. It might come down as low as of early June 2017. Otherwise, the pair will make three legs of correction and go up for another impulse.
Fractology recommends waiting until the breaks out of the pattern and correct. Only after breakout do the opportunities for short trades appear.
The outcomes of the move might be significant. It might come down as low as of early June 2017. Otherwise, the pair will make three legs of correction and go up for another impulse.
Fractology recommends waiting until the breaks out of the pattern and correct. Only after breakout do the opportunities for short trades appear.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.