CADCHF on the ascending channel: potential drop opportunity (H4)

17 พ.ค. 2020

CADCHF on the ascending channel: potential drop opportunity (H4 timeframe analysis)

17 พ.ค. 2020

บันทึก

Fibonacci retracement base on the trend-line is showing also that CADCHF had already been acheaved the 0.618 level where it is decisive now to track the futur mouvement.
- If it breaks the ascending channel that could result for a potential drop.
- If not it continues to reach the upside of the channel to retest the 0.618 level.

**Instructions:
- Always wait for a reversal signal or a confirmation signal for the mouvement (2candles in the 15M at least)
- Pay attention to the news and secure ur trade in case.