Position Trade - CADCHF
This pair is challenging to trade due to the candle patterns made in the Monthly Chart.
Currently, there is a DOWNTREND in the Monthly.

However, to find Daily trades, the price has to create a supply zone.
- Waiting for price to do so in the Daily Chart for clean SHORT trades

Alert/s have been created in the Daily Chart once price breaks the Daily zone (28 May 2023)
This pair is challenging to trade due to the candle patterns made in the Monthly Chart.
Currently, there is a DOWNTREND in the Monthly.
However, to find Daily trades, the price has to create a supply zone.
- Waiting for price to do so in the Daily Chart for clean SHORT trades
Alert/s have been created in the Daily Chart once price breaks the Daily zone (28 May 2023)
Trade active
Order cancelled
This analysis will be archived and a new analysis will be done.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.
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.