ForecastCity
Short

Don't miss the great sell opportunity in CADCHF

FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7488). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADCHF is in a range bound and the beginning of downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 35.

Take Profits:
TP1= @ 0.74300
TP2= @ 0.73800
TP3= @ 0.72700

SL: Break Above R2
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It was a great sell opportunity in CADCHF. And I am so happy not missing it.
+1 Reply
@fxniki, Thank you. We are so happy for you.
Reply
Nice analysis as usual
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thank you.
Reply
Love the clean analysis, very nice!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks for your nice comment on this post.
Reply
Keep This on my Radar This Week, Thanks a lot!
+2 Reply
ForecastCity Alexander_007
@Alexander_007, You're welcome. We wish you all the bests.
Reply
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