Don't miss the great buy opportunity in CADCHF Long

Canadian Dollar/Swiss FrancFXCM

Description

⋅ Sep 25, 2020 12:48 PM

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6925).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CADCHF is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

Take Profits:
TP1= @ 0.6945
TP2= @ 0.6962
TP3= @ 0.6989
TP4= @ 0.7001
TP5= @ 0.7032

SL= Break below S3

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Comments

goldsaran85

⋅ Sep 25, 2020 7:28 PM

Thank u.

ForecastCity_ME

⋅ Sep 25, 2020 9:51 PM

@goldsaran85, You're very welcome!

Forecast_Crypto

⋅ Sep 25, 2020 12:59 PM

Already LONG, but may add to them. Nice, thanks

ForecastCity_ME

⋅ Sep 25, 2020 5:55 PM

@Forecast_Crypto, We appreciate your comment.

Forecast_Crypto

⋅ Sep 25, 2020 12:59 PM

🌸🌸🌸 I agree with your idea and wish you the best. 🌸🌸🌸

ForecastCity_ME

⋅ Sep 25, 2020 5:55 PM

@Forecast_Crypto, You're very welcome!

goldsaran85

⋅ Sep 25, 2020 7:29 PM

SL very low. I use S5

ForecastCity_ME

⋅ Sep 25, 2020 9:51 PM

@goldsaran85, SL= Break below S3

ForecastCity_ME

⋅ Sep 25, 2020 9:52 PM

@ForecastCity_ME, S3: 0.6918