CAD CHF - MAJOR TREND CHANGE BEARISH?

OVERALL SETUP

  • Currently in an Overall Uptrend;
  • Currently at the Outer Uptrend Line;

DAILY CHART



POSSIBLE SCENARIOS
  
1. Could break short to start a new Downtrend;

    • Has Reached its Monthly Range;
    • Double Tops, Bearish Signal Given at top of strong Uptrend;
    • Has broken the Inner Uptrend Line;

2. Could Resume the overall Uptrend;

    •  Trends can resume after hitting the Monthly Range;


DAILY CHART




















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Duane Shepherd 
(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
Contact: shepherdduane@gmail.com
Twitter: @WorldWide876
Facebook: DRFXTRADING 

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