CAD/CHF

Update on the CADCHF analysis

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In a higher-cycle downtrend, as I’m writing this update, the price has managed to make a slight push above the top of the range. We now need to see whether it can break the channel top with a strong confirming candle, or if this is going to turn into a fake breakout.

We were waiting for a sell trigger on this pair since the higher-cycle trend is strongly bearish. In any case, the week is over, and we’ll review everything again next week and mark the new entry triggers.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.