Tendorian

CADCHF Forecast January 23-27

Kort
Tendorian Uppdaterad   
FX:CADCHF   Canadian Dollar/Swiss Franc
1
Will short on pullbacks to resistance.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
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Tuesday

Friday's low held and that is not a good sign for shorts. A break of resistance can turn the directional bias.

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Wednesday

Price broke higher, but there is no reliable supports to lean to, so wait first.
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Thursday

Price should be testing that resistance area today.

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Friday

Still looking to test that resistance zone.


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