CAD is going stronger opossite CHF, there is possible retrace to neckline(CupwHandle,iHAS), I prefer retrace to the iHAS neckline, but maybe this retrace is done...stoploss below CupwHandle neckline
Commentaires
itaskar
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next buy possition 0.8090
ForceFollower
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Yes, it makes sense. Or at your dotted black median line.
ForceFollower
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Yeah, I agree, the franc has become a weakling. Still I may be wrong, but I'm afraid all this market is going to do to the up side is max 0.8167, which is 1.681 size of the last big swing up. Then I'd expect a return to 0.8000. However, I've got much more bullish expectations regarding AUDCHF.