SELL TREND start soon in CADCHF market, (for more read captions)
📉 CADCHF Price Forecast 📉
The CADCHF market is currently in an uptrend but has now formed a strong resistance zone. Bearish signals and a reversal pattern have been confirmed, indicating a potential breakdown of the support level and the ascending channel.
After the breakdown, the price may fall into the demand zone. If a retracement back to the broken channel occurs, it could provide another selling opportunity before continuing to the next technical targets.
🎯 Technical Target Levels:
- 0.6280
- 0.6240
- 0.6210
📌 Key Highlights:
- Strong resistance zone with bearish signs.
- Reversal pattern confirmed, signaling potential downside.
- Watch for retracement opportunities after a breakdown.
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The CADCHF market is currently in an uptrend but has now formed a strong resistance zone. Bearish signals and a reversal pattern have been confirmed, indicating a potential breakdown of the support level and the ascending channel.
After the breakdown, the price may fall into the demand zone. If a retracement back to the broken channel occurs, it could provide another selling opportunity before continuing to the next technical targets.
🎯 Technical Target Levels:
- 0.6280
- 0.6240
- 0.6210
📌 Key Highlights:
- Strong resistance zone with bearish signs.
- Reversal pattern confirmed, signaling potential downside.
- Watch for retracement opportunities after a breakdown.
✅ Stay Updated for Profitable Insights!
Like, comment, and follow for timely updates and forecasts.
Don’t miss the next big move—trade with precision and confidence! 🚀
📢 Join the community for expert trading insights and success!
Trade active
Trade closed: stop reached
t.me/TrendLogic1
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t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
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.