CADCHF Short Term Sells and Long Term Buys
D1 - Potential big double cycle, price still has room higher towards the 61.8 fibo
H4 - Potential special or triple cycle. We have a critical zone that has formed.
We may now expect one more push higher from the current zone towards this critical zone with the bearish divergence completing itself.
We may then start looking for short term sells with bearish evidences towards the 38.2 - 50 fibo retrace zone.
Once we get opposite evidences then I would be looking for bullish setups in order to join the bulls.
H4 - Potential special or triple cycle. We have a critical zone that has formed.
We may now expect one more push higher from the current zone towards this critical zone with the bearish divergence completing itself.
We may then start looking for short term sells with bearish evidences towards the 38.2 - 50 fibo retrace zone.
Once we get opposite evidences then I would be looking for bullish setups in order to join the bulls.
Penafian
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