TradingView
ForecastCity
Apr 24, 2020 12:47 AM

Don't miss the great buy opportunity in CADCHF Long

Canadian Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6905). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 0.6978
TP2= @ 0.7045
TP3= @ 0.7145

SL= Break below S2
Comments
Best_Forecast
Thank you for this and your time, offering us all this.
ForecastCity
@Alexander_007, You're welcome.
Best_Forecast
You are one of my favorite analysts!
ForecastCity
@Alexander_007, It's our pleasure. thanks for your support.
Emymemy
Should I start to buy now?
ForecastCity
@37ebca53122c4bb98665afc72ffbe0, Thanks for your comment. Please read trading suggestion.
Kamryn
Thank you!
ForecastCity
@Kamryn, You're welcome. DO you have any published idea for CADCHF? It would be so nice if you share it with us.
Kristalyn
Thanks so much
ForecastCity
@Kristalyn, You're welcome. what do you think of this currency pair?
More