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TradingBonus
Apr 19, 2021 3:37 AM

CADCHF HEAD & SHOULDERS Long

Canadian Dollar/Swiss FrancFXCM

Description

LONG trade analysis on CADCHF.

Graph is looking bullish from lower trendline to liquidity zone (based on daily chart). Price is about to complete HEAD & SHOULDERS formation and continue rising upwards. Trade idea is also shown on RSI indicator.

If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Comments
UnknownUnicorn18841315
Seemed to have reversed extremely and it is now going straight down. Any ideas as to why that happened?
TradingBonus
@NukeCoin, Yes man, price did not complete potencial H&S pattern but CAD become even weaker; CADCHF straight sell.
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