CADCHF -- Next Swing Down

Sep 13, 2023

CAD CHF pair has been in a downtrend for some time now (since June 0f 2022). We all know to 'go with the flow' when it comes with following the general trend. In this case, the pair might be ready for another move down.

This would be the fourth hit on the trendline, and at previous resistance during its month long range.

As always, we'll wait and see either a good bearish candle down to enter short, or a break above to enter long -- KISS

Sep 15, 2023

Note

UPDATE -- If trendline breaks, would mean a breakout for the bulls. Will go long if we get a good bullish candle today:

Sep 18, 2023

Order cancelled

Bullish momentum wins the battle, bearish trades invalidated.