CADCHF
Hi dear traders .
interesting pair to follow here on CADCHF .
if you take a short look at monthly it it clear that price already broke below an important level and retested it .now currently price is almost at that resistance level .
if you see price has just rejected aggressively by that level .so that price has just broke below daily structures .
we are waiting for the retracement to finish .then we'll monitor price action at the retest of daily structure in order to a nice short with nice RR .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
interesting pair to follow here on CADCHF .
if you take a short look at monthly it it clear that price already broke below an important level and retested it .now currently price is almost at that resistance level .
if you see price has just rejected aggressively by that level .so that price has just broke below daily structures .
we are waiting for the retracement to finish .then we'll monitor price action at the retest of daily structure in order to a nice short with nice RR .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
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