Looks like we may have a bearish wave forming on CADCHF.
The pair was rejected from the 61.8 fib of a downward move.
I'm getting in with a sell stop just below a minor support line (lime green) to catch the continuation of the wave.
Profit should be secured at major fib lines along the path.
The pair was rejected from the 61.8 fib of a downward move.
I'm getting in with a sell stop just below a minor support line (lime green) to catch the continuation of the wave.
Profit should be secured at major fib lines along the path.