Our Preference: Sell below 0.7760 for the target of 0.7640 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- CadChf was broken the triangle pattern on lower side and its broken the sideways movement of lower side, now the lower trend line of the triangle pattern acting as the key resistance level and its trading below the 23% Fibonacci retracement level, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
In Daily Chart :- CadChf was broken the triangle pattern on lower side and its broken the sideways movement of lower side, now the lower trend line of the triangle pattern acting as the key resistance level and its trading below the 23% Fibonacci retracement level, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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