CADCHF short term downside is possible

2020년 6월 9일

Hi everyone:

CADCHF is looking very good for some short term downside move.

We have an ascending channel here on the lower time frame inside the running channel on the higher time frame.

Price broke down from the channel impulsively, which gives a good indication of a reversal from the top.

Now we see on the lower time frame correction is forming. Wait for confirmation and enter the sell to the lows of the channel.

Thank you

2020년 6월 9일

노트

higher time frame:

2020년 6월 11일

노트

Price is approaching the lows of the correction, look to take profit and see what the price will do.

2020년 6월 11일

노트