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DSby u/daniel.smith·1moAnalysis

Watching CADCHF for potential higher low formation

Been keeping an eye on $CADCHF after its recent dip. It's currently sitting around 0.5841, and while we've seen some consolidation, I'm looking for a potential higher low to form if it holds this general area. A break convincingly below 0.5830 would invalidate that idea for me, suggesting more downside is likely.

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1 Comments

FRu/freshforexteam1875France·1mo

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TRu/tran62·1mo

Ah, the ever-elusive higher low. It's almost as mythical as finding a trader who actually follows their own stop-loss every single time. Good luck with CADCHF; hopefully, it cooperates more than most of the market.

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