TradingView
ForecastCity_ME
Jan 7, 2021 9:41 PM

πŸ’‘ Don't miss the great buy opportunity in CADCHFΒ Long

Canadian Dollar/Swiss FrancFXCM

Description

β‹…
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6945). 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 63.

Take Profits:
TP1= @ 0.6995
TP2= @ 0.7040
TP3= @ 0.7080
TP4= @ 0.7124
TP5= @ 0.7200

SL= Break below S2

❀️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the πŸ‘ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❀️ Your Support is very much πŸ™ appreciated!❀️

πŸ’Ž Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❀️
ForecastCity English Support Team ❀️
Comments
sofi_Morphy
β‹…
Nice analysis, Thanks for sharing.
ForecastCity_ME
β‹…
@sofi_Morphy, We're happy to help!
ForecastCity_ME
β‹…
@sofi_Morphy, Β Thank you for your comment. We appreciate it
khanafthief
β‹…
Hope this study comes out to be true
Ajinkya_1982
β‹…
Your Support is very much πŸ™ appreciated!❀️
More