đź’ˇDon't miss the great sell opportunity in CADCHF
Updated
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7768).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 29.
Take Profits:
TP1= @0.7728
TP2= @ 0.7699
TP3= @ 0.7681
TP4= @ 0.7659
TP5= @ 0.7617
SL: Break Above R2
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Trade closed: target reached
506 pips profit...Total Profit: 506
Closed trade(s): 506 Profit
Update Details:
Closed Profit:
TP1 @ 0.7728 touched at 05.18.2022 with 54 Profit.
TP2 @ 0.7699 touched at 05.18.2022 with 78 Profit.
TP3 @ 0.7681 touched at 05.18.2022 with 96 Profit.
TP4 @ 0.7659 touched at 05.18.2022 with 118 Profit.
TP5 @ 0.7617 touched at 05.19.2022 with 160 Profit.
54 + 78 + 96 + 118 + 160 = 506
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