FX:CADCHF   Canadian Dollar/Swiss Franc
This chart is in monthly downtrend, it has broken weekly support also 50% fib. However price is right now at daily support, I am waiting for price to break daily support on 4 hour chart whilst also breaking the liquidity trend line as this gives me confirmation that price could potentially be going short, However I will wait for retest before making any decisions of going short.
Another reason why price may be on strong downside move is because price is being rejected by monthly counter trendline .

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out