Hi traders,
I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there.
Entry: 0.778
Stop: 0.8
Target 1: 0.7356
Target 2: 0.7005
Best of luck!
I am expecting the steep, purple, trendline on the CADCHF to break at this point. Price can then move up to 0.778 area, to go reverse from there. This might take a few weeks before we get there.
- Trend continuation
- Previous support & resistance
- Trendline
Entry: 0.778
Stop: 0.8
Target 1: 0.7356
Target 2: 0.7005
Best of luck!
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Related publications
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.