Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
CADCHF - Wait For The Bulls!
Canadian Dollar/Swiss Franc
Long
CADCHF - Wait For The Bulls!
By TheSignalyst
Follow
Follow
Dec 19, 2022
1
6
Cheer
Cheer
5
5
Dec 19, 2022
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on MONTHLY:
Left Chart
CADCHF is trading inside a big range and now approaching the lower bound / support zone so we will be looking for buy setups.
on H4:
Right Chart
CADCHF formed a channel in red but it is not ready to go yet.
Trigger =>
for the bulls to take over, we need a momentum candle close above the last high in orange.
Meanwhile, until the buy is activated, CADCHF can still trade lower inside the monthly support.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
breakout
Bullish Patterns
CAD
CADCHF
Chart Patterns
chf
Forex
longterm
Parallel Channel
Trend Analysis
trigger
Wave Analysis
TheSignalyst
Follow
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Also on:
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
.