TradingView
pejman_zwin
May 16, 2023 2:33 PM

CADCHF goes up after the downtrend line breaks🚀 Long

FX:CADCHF480
Canadian Dollar/Swiss FrancFXCM

Description

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CADCHF managed to break the downtrend line.

Also, Regular Divergence(RD+) can be seen between two successive valleys.

I expect CADCHF to grow to at least the 🔴resistance zone( 0.6808 CHF-0.67720 CHF)🔴 after the pullback to the downtrend line.

🔅Canadian Dollar/Swiss Franc Analyze (CADCHF), 8-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Comment

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Do you agree?

Trade active

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Trade closed: target reached

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FibonacciTrend LinesSupport and ResistanceCADCHFchfcadcanadiandollarswissfrancchfCADForexforexsignalsforexsignal
Comments
DAY_PROFITS
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Bravo good Idea here !
pejman_zwin
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@DAY_PROFITS, Thanks
FOREXN1
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Bravo , should be works well.
Lingrid
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Very interesting view
pejman_zwin
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@Lingrid, Thanks for the comment.
FirstNameHelen
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Thank you for your canadian dollar analysis
pejman_zwin
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@FirstNameHelen, You are welcome, my friend.
WalterMoon
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Very solid analysis. It looks really interesting in my opinion. Thanks
pejman_zwin
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@WalterMoon, Thanks for sharing your idea.
SpartaBTC
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If the price fixes above the downtrend, then this upward movement is quite possible.
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