Whats up everyone?! Today it looks like we have a inverse head and shoulders forming on CAD/CHF on the daily chart. Seems like we are getting some resistance at the .256 fib extension level if that holds be looking for a strong bullish candle closing before entering long. However what I'm looking for is a further drop the bottom shoulder area. (I've got a sell stop just below the .256 area) Once it hits bottom shoulder I'll be looking for a strong bullish candle to enter long for some good pips!
If you liked this analysis hit that like button! I'm fairly new here but keep posted for more analysis' like this one.
PIP on my friends
If you liked this analysis hit that like button! I'm fairly new here but keep posted for more analysis' like this one.
PIP on my friends