CADCHF
W1 - The price may push off from the level, a potential rebound to the values of 0.68343; for a confident entry to these targets, it is better to wait for the level to be fixed at D1.
D1 - The price is behind the trend line, a 3-wave structure has been formed, the price has not reached level 161 and the 5th wave has been formed, which can give an...
CADCHF bounced from a major support level on the 4 hour time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart
CAD to be volatile during BoC interest rate decision today (25/10/2023)
We expect the pair to re-test the key support levels listed on the chart,
We taking this trade based on technical analysis and...
CAD-CHF has retested the descending and horizontal resistance at0.7300
Because the level is strong
I expect a bearish reaction
With the target is to support below when 0.71800
Here we have cadchf as we can see it has been taken support at the lower side we have form here I am looking for long position from here
Say yourself to motivate
Treading is very easy
And I will control my emotions here
price makes a movement and now it looks like make a double top and last movement in little time frame price already make a double top and already breakout the neck of a double top, now maybe price will breakout the neck of the double top in 1H time frame.
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The price reached a long trend line on the weekly chart, presented a strong bullish push followed by weak correction with little sellers presence. On the 61,8 fibo level of the retracement price gave us another strong bullish push, breaking the lower time frame down trend line. I`ll wait for the retracement of this last push to go long!
