hi Hello to all friends
Hope you all are enjoying me ideas and analysis. Now i am here to discuss about
CADCHF
CAD/CHF has breaked the main Support level . Now it has Maximum chances that it can touch Price level 0.74955
Trade Idea:
- Watch for bearish price action at the 38 fibonacci level and take CAD/CHF down.
- Stoploss above the rejected price
- For take profit, once price moves down, use a descending trendline to manage your trade and exit when price breaks that.
After that it will follow again downtrend. Keep in touch we will update further soon.
Goodluck and as always, trade safe!
Hope you all are enjoying me ideas and analysis. Now i am here to discuss about
CADCHF
CAD/CHF has breaked the main Support level . Now it has Maximum chances that it can touch Price level 0.74955
Trade Idea:
- Watch for bearish price action at the 38 fibonacci level and take CAD/CHF down.
- Stoploss above the rejected price
- For take profit, once price moves down, use a descending trendline to manage your trade and exit when price breaks that.
After that it will follow again downtrend. Keep in touch we will update further soon.
Goodluck and as always, trade safe!