CADCHF BULLS

3 Okt

Double top in bullish market. Let's see if current direction can break the low. Price is in our discounted area which is the 50% Fibonacci level. There is 2 primary outcomes:

Price might reject on the 50% level and start moving upward.

Price might sell toward the 61.8% level, fill in the fair-value gaps and buy.

Wait for a reversal candlestick for the buy entries on the listed areas.