CADCHF 01/04/2020 (BULLISH)
MAIN FIBO (FURTHER TO THE RIGHT) IS REJECTS ON 61.8%, AFTER BREAKING BEARISH TREND (BREAK, PULLBACK), AND TURNING INTO BULLISH TREND .
SECONDARY FIBO (CLOSER TO THE LEFT) STRUCTURE REJECTS ON 61.8% AS WELL.
MAIN TRADE IS TAKEN FROM 61.8 UNTIL -27% ON MAIN FIBO.
AFTER PRICE BREAKS SECONDARY FIBO 0%, REACHES -27% AND PULLSBACK CON 0%, SECOND TRADE IS COMING INTO GAME.
BOTH TRADES ARE BEING TP INTO -27% OF FIRST FIBO.
BEARISH TRENDLINES ARE MARKED ONLY FOR REFERENCE OF PRICE STRUCTURES.
SECONDARY FIBO (CLOSER TO THE LEFT) STRUCTURE REJECTS ON 61.8% AS WELL.
MAIN TRADE IS TAKEN FROM 61.8 UNTIL -27% ON MAIN FIBO.
AFTER PRICE BREAKS SECONDARY FIBO 0%, REACHES -27% AND PULLSBACK CON 0%, SECOND TRADE IS COMING INTO GAME.
BOTH TRADES ARE BEING TP INTO -27% OF FIRST FIBO.
BEARISH TRENDLINES ARE MARKED ONLY FOR REFERENCE OF PRICE STRUCTURES.
Penafian
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