CADCHF TRADE FORECAST
Updated
CADCHF is trading within the range indicated by the dotted line, which delineates swing points on the Daily and Weekly timeframe. After an aggressive sell-off this week, it has retraced to the 0.69200 level and 0.705 weekly fibonacci retracement.
I think it may rise up next week to pick up liquidity, before coming back down to take out the sell stops resting below 0.69200 and beyond!
I think it may rise up next week to pick up liquidity, before coming back down to take out the sell stops resting below 0.69200 and beyond!
Trade active
If you took the LONG you should be up 90 PIPS+You're Welcome :)
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