CADCHF - Patiently wait for Short

You can enter the market long until the price reaches next Monthly resistance zone as shown by green dashed arrow. If you choose to do this, go to 4H chart to get a good entry opportunity and ride the wave up North to the Monthly resistance zone.

However, a better opportunity awaits you at the same Monthly resistance zone. Wait for confirmation by a candle stick formation or action price towards the next Monthly support zone to enter the market short.
Supply and DemandSupport and ResistanceTrend Lines

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