ForecastCity_ME
Long

Don't miss the great buy opportunity in CADCHF

FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6960). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.

Take Profits:
TP1= @ 0.7030
TP2= @ 0.7060
TP3= @ 0.7130
TP4= @ 0.7190
TP5= @ 0.7230

SL= Break below S2

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Comments

Very thoughtful, Thank You for sharing!
+2 Reply
ForecastCity_ME sara-kian-fx
@sara-kian-fx, You got it 💙💎💙
Reply
Nice chart. Thanks!
+1 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, You're quite welcome 🍀💙🍀
Reply
Appreciated your content, in the end we are all students of the market and learning constantly from it
+1 Reply
ForecastCity_ME Shiva_forex
@Shiva_forex, Thank you for your feedback 🍀 💙 🍀
Reply
Great work!
+1 Reply
ForecastCity_ME Pro_Trader_007
@Pro_Trader_007, We appreciate your comment
Reply
This is a legitimate analysis.
+1 Reply
ForecastCity_ME Pro_Trader_007
@Pro_Trader_007, Thanks 💎🍀💎
Reply
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