CFX Neutral Zone

18시간 전

Updated price action has given me a neutral bias for CFX.

The pullback was deep, and we are looking at 2 scenarios:

• Bullish: Leading diagonal which would take wave 5 to the mid-0.30's.
  
• Bearish: A breakdown of the bottom ascending trendline for a new lower low.
  

While we are between the bottom ascending trendline and the solid green resistance, I don't see any trades to be taken.