📊 CAD/CHF Weekly Analysis
🔍 Technical Insight by Shaker Trading
🔻 Bearish Market Structure:
Strong Descending Channel (Weekly):
The pair is currently trading within a clear and strong downward channel, confirming the ongoing bearish trend.
Weak Demand Zone:
Although there is a nearby demand area, it appears to be relatively weak and may not hold under heavy pressure.
Oversold Conditions on RSI & MACD:
Both the RSI and MACD indicators are showing signs of selling exhaustion, indicating a possible short-term bullish correction.
📌 Trading Outlook:
We do not recommend selling at this level. A high-risk buy opportunity may be considered from the current price, targeting the next supply zones for a potential short entry once price reaches those areas.
🔥 Copy Trading for Free
Let our team handle the trades while you sit back and watch the results – totally free of charge.
🔍 Technical Insight by Shaker Trading
🔻 Bearish Market Structure:
Strong Descending Channel (Weekly):
The pair is currently trading within a clear and strong downward channel, confirming the ongoing bearish trend.
Weak Demand Zone:
Although there is a nearby demand area, it appears to be relatively weak and may not hold under heavy pressure.
Oversold Conditions on RSI & MACD:
Both the RSI and MACD indicators are showing signs of selling exhaustion, indicating a possible short-term bullish correction.
📌 Trading Outlook:
We do not recommend selling at this level. A high-risk buy opportunity may be considered from the current price, targeting the next supply zones for a potential short entry once price reaches those areas.
🔥 Copy Trading for Free
Let our team handle the trades while you sit back and watch the results – totally free of charge.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.