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CADCHF two sides perspective
Canadian Dollar/Swiss Franc
CADCHF two sides perspective
By ThinkingAntsOk
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Aug 18, 2020
5
Cheer
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Aug 18, 2020
Main items we can see on the chart:
a)
The price is below a descending trendline
b)
Currently, the price broke with a bullish movement a descending structure
c)
We can see a corrective pattern making a throwback on the descending structure
d)
If the price breaks above the green arrow we will consider a confirmation for the bullish movement towards the descending trendline
e)
If the price breaks below the red arrow, we will consider a confirmation for the bearish movement towards the next support zone
CAD
CADCHF
chf
Forex
Multiple Time Frame Analysis
Support and Resistance
Trend Analysis
ThinkingAntsOk
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