Canadian Dollar/Swiss Franc
Satış

CADCHF Bearish Rejection at Strong Resistance

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This market is holding at the past support become future resistance (0.7805). Looking at lower time frame, the probability is going downside than upside because it has completed its 5 wave up swing. It has also formed its 5 wave down sequence and its holding at the wave 1 low towards downside. I am selling this at market at 0.7795 with the stop above the 3rd impulsive high and target at the 1.270 extension for 1:2 RR.

Feragatname

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