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ForecastCity_EU
Jun 17, 2020 2:19 PM

Don't miss the great sell opportunity in CADCHFΒ Short

Canadian Dollar/Swiss FrancFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7027). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.

Take Profits:
TP1= @ 0.6975
TP2= @ 0.6957
TP3= @ 0.6937
TP4= @ 0.6905
TP5= @ 0.6875

SL: Break Above R2

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Comments
Kristalyn
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thanks for your ideas
ForecastCity_EU
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@Kristalyn, πŸ‘
Kamryn
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thanks, guys.
ForecastCity_EU
β‹…
@Kamryn, πŸ‘
Best_Forecast
β‹…
This is such a complete analysis,

Thank You for sharing!

🌟🌸🌟🌸🌟🌸
ForecastCity_EU
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@Alexander_007, πŸ‘
sara-kian-fx
β‹…
Thanks... I will keep an eye on this...
Mehmetozdemi
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It is going toward the MARS!
Shiva_forex
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Nice idea .. worked like a charm
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