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ForecastCity_World
Jan 29, 2021 6:20 PM

πŸ’‘ Don't miss the great buy opportunity in CADCHFΒ Long

Canadian Dollar/Swiss FrancFXCM

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.693). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 0.6965
TP2= @ 0.6985
TP3= @ 0.7005
TP4= @ 0.7030
TP5= @ 0.7055

SL= Break below S2

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ForecastCity English Support Team ❀️
Comments
sara-kian-fx
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And I really liked your trading strategy for intraday forecasts.
ForecastCity_World
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@sara-kian-fx, Thank you for sharing your feedback. We appreciate it🌹
sara-kian-fx
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I appreciate your free posts here.
ForecastCity_World
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@sara-kian-fx, Happy to help!
Dave-FX-Hunter
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Perfect idea, I will add this to my watch list
ForecastCity_World
β‹…
@Dave-FX-Hunter, Thank you for sharing your feedback. We appreciate it🌹
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