LilRusty

14/06/22 CadChf Analysis

FX:CADCHF   Canadian Dollar/Swiss Franc
CadChf has made a Peak formation High back on 08/06 ending the Bullish run, it has dropped down to the 0.77000 zone creating the first level of drop and has dropped a monstrous Bearish candle on the 4h, now creating the new low for level 2, we will be waiting for a StopHunt High to the 50 ema and wait for entry conformation with maybe some consolidation. Expected drop to go down to the 0.76500 level or the 0.75500 level.

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.