CADCHF 1H

6 мая 2020 г.

We retraced from the quick double top, down to the 38 fib which is also a support/resistance line with numerous reactions. We also have a double bottom with a close above the said line. I think we can at least extend back up to the 38 extension line which would put price back at the double high from before.

6 мая 2020 г.

Заметка

On a 5M chart I'd like to see this come down to test the descending trend line it just broke and then head upwards. It stalled at a minor resistance as drawn on the chart.