swingforextrader

CADCHF, Continuation of Bears dominance.

Short
swingforextrader Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Price rejected 0.236 fib zone!

With the formation of HH's and HL's give us a clear clue that the market is Downtrend market!
Trade active:
As we closed below 38.2% fib level, price is on the free move towards 50% and 61.8% fib level!
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.