Hello all,
We've got pretty W formation forming up on CADCHF. I am expecting the price to come down to the neckline and then look for a buy opportunity, if price won't break through the neckline. Our target would be 0.70275 area.
Actual trend is ranging, so we are not going against the trend by any means.
Feel free to share your thoughts in the comments and have a wonderful weekend.
All ideas are based on my analysis, always do your own before entering the trade.
We've got pretty W formation forming up on CADCHF. I am expecting the price to come down to the neckline and then look for a buy opportunity, if price won't break through the neckline. Our target would be 0.70275 area.
Actual trend is ranging, so we are not going against the trend by any means.
Feel free to share your thoughts in the comments and have a wonderful weekend.
All ideas are based on my analysis, always do your own before entering the trade.
Comment:
Price closed below neckline, so trade is not valid!