CADCHF MAY BE A SHORTSELL SINCE IT IS AT THE 4HR CHANNEL RESISTANCE.
Requirements for entry. would be at the 15min chart since a bullish ascending triangle is forming (SEE COMMENT BELOW FOR THE PIC). once it breaks TO THE UPSIDE. then a possible entry would be a LONG AT RETEST OF CHANNEL.
BUT IF ASCENDING TRIANGLE GETS DESTROYED. GET READY FOR A SHORT SELL!
Requirements for entry. would be at the 15min chart since a bullish ascending triangle is forming (SEE COMMENT BELOW FOR THE PIC). once it breaks TO THE UPSIDE. then a possible entry would be a LONG AT RETEST OF CHANNEL.
BUT IF ASCENDING TRIANGLE GETS DESTROYED. GET READY FOR A SHORT SELL!
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.