A bearish trend seems to be taking place today on the CADCHF pair and thats according to the red color shown by the Super trend indicator determining by that the main market direction.
A buy signal is indicated from the Nonlog dot indicator and that is by giving us a blue colored dot.
I prefer to wait for the Nonlog indicator till it shows a confirmation then i do think that the sell trades would be taking place more frequently since the signals are currently showing us a strong bearish trend.
For the exit plan I think waiting for the price to hit the resistance 0.844 would be the best choice or we can always wait for the super trend to change its color to green either way that can only mean that the bearish trend is over and we should be ready for the price to be heading for the opposite direction .
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