CAD/CHF at Fibonacci 0.5

10 ביולי

A good rejection at 0.66000 as a classic resistance and also as a psychological price level. On the daily chart, there are 2 doji candles followed by a large bearish candle, indicating a potential price reversal marked by the initial formation of Lower Low (LL) and then Lower High (LH).

SL: 0.66046 (20 pips)
TP: 0.65246 (+3)