Cadchfshort
CAD CHF will continue in line / short & longCAD CHF will continue short downtrend at first movement, then it will rais upward and goes uptrend.
So if you decide to take short position at the beginning of movement, just start selling with putting STOP LOSS at the top of the resistant line,
But if you prefer a long position use buying after it moved to the bottom of the movement at the near place of support line. Dont forget to use stop loss.
CADCHF Short Possible Scenario..Fundamental View
Crude OIL OPEC meeting has been delayed.
Collapse of OIL is possible as well as CAD.
As illustrated above .It has formed a bat formation.
Since Fake breakout can be seen as well.
Price has retraced and formed exact bat formation.
R:R is clearly mentioned above.
Let's see where market opens for further confirmation..
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CADCHF. The key level will not allow the price to grow.Hello dear subscribers!
This chart shows how the Canadian dollar price cannot cross the key level,
the price will drop to the support level at 0.67500.
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CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.69716 where it could potentially react and bounce to its resistance at 1st resistance at 0.67494
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CADCHF. The fall in prices continues.Hi guys.
The last time the price concerned the resistance level on February 19th.
After which it fell steadily, the key level could slow down the fall a little,
but it did not help. The price will fall even lower.
Target: 0.69.000.
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