price broke the uptrend trend line to the downside came back to retest it, and now showing signs of continuing the down move
i'm looking to short cadchf once it breaks these zones
price is at a major support zone in the one day time frame and if you watch closely you will see price has already started rejecting at that zone. if i'm correct its going to do around 170 plus pips
price already at a major resistance zone news just came out weakening the CAD if am right make should move down from here
pin bar formed at my support zone price should move up from here
if am correct, price should drop before continuing it direction
price continue making LL even after the NFP that looks like it weakened the dollar. am bearish on this
last friday NFP weakened the dollar for a moment there and my SL was taken out but seeing that price is still in my down trend channel and still making LL and LH, i'm still bearish on this.
the market should, if my analysis is correct continue on it bearish state
The market is ranging (check the 4hr for clearer view) price is currently testing the support zone look for a buy signal on the support zone or better still allow price break the trendline then buy