Hi traders:
Almost 2 months ago I published my view on CADCHF long in the beginning of June that ended up having a 500 pips movement to the upside. Now, we could experiencing the downfall on CADCHF as it is currently sitting at historical key resistance area of 0.7700. On the daily chart we can see the price action broke out of the .7700, but quickly drop down afterwards, a potential false breakout. This week, we can confirm the bearish momentum on CADCHF by going to the intraday charts for a possible entry.
I will be updaing this chart for any short entry on CADCHF.
Thank you for your support and feedback.
Almost 2 months ago I published my view on CADCHF long in the beginning of June that ended up having a 500 pips movement to the upside. Now, we could experiencing the downfall on CADCHF as it is currently sitting at historical key resistance area of 0.7700. On the daily chart we can see the price action broke out of the .7700, but quickly drop down afterwards, a potential false breakout. This week, we can confirm the bearish momentum on CADCHF by going to the intraday charts for a possible entry.
I will be updaing this chart for any short entry on CADCHF.
Thank you for your support and feedback.
Nota
Weekly Chart:
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Penerbitan berkaitan
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.