CADCHF Chart Analysis (Week of 04.03.2023)
Greetings! I believe that the major move for this pair is to the upside for this week for the following reasons:
-Overall Bullish Trend (Respected trend line)
-Price sitting at a FVG
-Price making higher highs
I do believe price is headed in an overall bearish trend in the near future evidenced by the equal highs and head and shoulder patterns present in the market.
-Overall Bullish Trend (Respected trend line)
-Price sitting at a FVG
-Price making higher highs
I do believe price is headed in an overall bearish trend in the near future evidenced by the equal highs and head and shoulder patterns present in the market.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.