gamer456148

CAD/CHF: Waiting for the Next Phase

Long
OANDA:CADCHF   CAD/CHF
I been mostly busy lately, but that didn't stop me from wanting to do an entry for the CADCHF pair before market close. Right now, the bearish action is making me anxious and some people may think this could be sign of a sell off, but I think it is actually due to market hours. Looking at the continuation pattern, I expect the upcoming wedges to be more towards signs of bullishness. I also think the next phase is likely positive. That being said, everything I say is on an opinion based basis. Please pursue at your own risk. Do your own due diligence and this is not meant to be taken as actionable financial advice.

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