HEY hey or as santa would say ho ho ho ... NOT this year santa is saying Merry Christmas with a potential cad/chf move to the upside
remember information shared is for educational and demo purposes only! please practice proper risk management if and when you start trading in the financial markets
love to hear your opinion lmk what you think of this Set up!?
CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension, 61.8% fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in...