💡Don't miss the great sell opportunity in CADCHF
Updated
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7795).
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 48.
Take Profits:
TP1= @ 0.7711
TP2= @ 0.7661
TP3= @ 0.7617
TP4= @ 0.7564
TP5= @ 0.7470
TP6= @ 0.7365
SL: Break Above R2
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". There is still a possibility of temporary retracement to the suggested resistance line (0.7795).
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 48.
Take Profits:
TP1= @ 0.7711
TP2= @ 0.7661
TP3= @ 0.7617
TP4= @ 0.7564
TP5= @ 0.7470
TP6= @ 0.7365
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trade closed: target reached
832 pips profit...Total Profit: 832
Closed trade(s): 832 Profit
Update Details:
Closed Profit:
TP1= @ 0.7661 touched at 06.16.2022 with 41 Profit.
TP2= @ 0.7617 touched at 06.16.2022 with 86 Profit.
TP3= @ 0.7564 touched at 06.16.2022 with 140 Profit.
TP4= @ 0.7470 touched at 06.16.2022 with 230 Profit.
TP5= @ 0.7365 touched at 06.24.2022 with 335 Profit.
41 + 86+ 140+ 230+335= 832
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