CAD/CHFShort
CADCHF
Key Resistance Level: CADCHF has approached or recently touched a key resistance level, indicating a potential ceiling where the price might struggle to move higher.
Break of Higher Low (HL): The price has broken the series of higher lows, which suggests that the bullish trend is weakening and selling pressure is increasing.
Printing a New Lower Low (LL): The formation of a new lower low confirms that the market is transitioning from a bullish to a bearish trend. This is a strong signal that further downside is likely.
Break of Higher Low (HL): The price has broken the series of higher lows, which suggests that the bullish trend is weakening and selling pressure is increasing.
Printing a New Lower Low (LL): The formation of a new lower low confirms that the market is transitioning from a bullish to a bearish trend. This is a strong signal that further downside is likely.
Note
SL Hit
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.
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.