CADCHF SELLTraders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
CADCHF SELL @0.75394
SL @0.76101
TP @0.74953
TP @0.74501
TP @0.74102
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**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Cadchfanalysis
CADCHF(WEEKLY FORECAST): SHORT RUN IS SUSPECTED!0.79500/0.78700 zone - Major resistance respected since the impulsive move in January 2015 and since May 2018, the price has been going below this resistance.
This indicates that demand is dropping.
There will be publications in lower time frames soon as the reaction of price is been monitored.
CADCHF Daily Time frame Channel PatternCADCHF in Daily Time frame Following Channel Pattern
We can also see there Uptrend line which has broken
Channel patterns. Channel patterns are types of sedimentary deposits formed by streams and rivers. Collectively, they are called fluvial deposits. Their shape and sediment characteristics are easily identified and enormously complex.
Sale: 0.75512
Target : 0.75102
Target : 0.74814
Target : 0.74339
Target : 0.73965
Target : 0.73533
Stop loss: 0.76355
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan