Forex Trend Following. Short. CAD/CHF. Daily. Classic, pure trend following. Short entry on Daily timeframe for CAD/CHF.
OANDA:CADCHF
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USDJPY buy 15m trend followOverall the pair is trending up with Daily MA8 above Daily MA21 which gives us trend confirmation. We also have MA200 on 15m chart rejection , combined with short term trend line. Enter with 1:1 RR , but keep in mind for potential new highs.
AUDCHF possible downward trendMomentum has developed nicely on this pair. Entering on pullback to level. No profit target.
