This chart provides my future view on cadchf perspective which is undergoing a running flat correction .In 2 hr tf.I see it going further down after the bounce off the RSI 60 level which is Cardwellian RSI range rule.
Given the bollinger band burst in higher tf (weekly) , it is likely to do down .
Alternative scenario will be a complex prolonged consolidation.
Given the bollinger band burst in higher tf (weekly) , it is likely to do down .
Alternative scenario will be a complex prolonged consolidation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.