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WolfBladeTrading

CADCHF -- Next Swing Down

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Canadian Dollar / Swiss Franc (FOREXCOM:CADCHF)  
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FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators cadchfshort cadchfanalysis CADCHF
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trendanalysis chartpattern indicator cadchfshort cadchfanalysis cadchf
snapshot

CAD CHF pair has been in a downtrend for some time now (since June 0f 2022). We all know to 'go with the flow' when it comes with following the general trend. In this case, the pair might be ready for another move down.

This would be the fourth hit on the trendline, and at previous resistance during its month long range.

As always, we'll wait and see either a good bearish candle down to enter short, or a break above to enter long -- KISS
Komen:
UPDATE -- If trendline breaks, would mean a breakout for the bulls. Will go long if we get a good bullish candle today:

snapshot
Pesanan dibatalkan:
Bullish momentum wins the battle, bearish trades invalidated.
Penafian

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