Canadian Dollar/Swiss Franc
بيع

CADCHF: Selling the pull back

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After a strong bearish impulse on Wed and Thu that took out 3 days low(red circle), price shows some bullish pressure on Fri. I see this as a pull back and aggressive trader might ride this move to the SZ above. Prudent trader should wait to go SHORT at the SZ which IMO offers a better RR and a higher probability winning trade since this is the origin of the Bearish impulse move that took out the strong support(red circle).

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Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
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PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.

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