CADCHF 4H -Short
CADCHF 4H - Short
One thing to bear in mind is that when USDCAD is bearish, CADCHF is bullish & vice versa.
So, we have added confluence when USDCAD price is going lower, we know CADCHF price should reach out fib levels highlighted.
As we wait for This pair to come into our fib levels to look for SHORT Positions, we may see a correction before reaching our zone.
One thing to bear in mind is that when USDCAD is bearish, CADCHF is bullish & vice versa.
So, we have added confluence when USDCAD price is going lower, we know CADCHF price should reach out fib levels highlighted.
As we wait for This pair to come into our fib levels to look for SHORT Positions, we may see a correction before reaching our zone.
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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.