ForecastCity_ME

💡Don't miss the great sell opportunity in CADCHF

Short
ForecastCity_ME Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
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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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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