Dear traders.
Let's see CADCHF prognosis.
CADCHF did some attempts to jump up in the past weks. Now is most available time to move up. Because it created fine level in Daily and H4 charts.
I'll watch to H4 chart and try to give you some important informations. What will wait us during this week from this pair?
We have 2 choices:
1. Wait for breakout to up and open buy orders.
2. Confirm downside movement and use sell orders.
I think that second choice is more dangerous than first. Trend is wanting to move up and it is very strong nowadays. Some fundamental factors can affect this, but I think it will move up.
What can I advice to you?
- Use BUY STOP order at 0.7440
IMPORTANT LEVELS:
UP: 0.7440 , 0.7525 , 0.7600
DOWN: 0.7335 , 0.7300 , 0.7250 and 0.7210
Let's see CADCHF prognosis.
CADCHF did some attempts to jump up in the past weks. Now is most available time to move up. Because it created fine level in Daily and H4 charts.
I'll watch to H4 chart and try to give you some important informations. What will wait us during this week from this pair?
We have 2 choices:
1. Wait for breakout to up and open buy orders.
2. Confirm downside movement and use sell orders.
I think that second choice is more dangerous than first. Trend is wanting to move up and it is very strong nowadays. Some fundamental factors can affect this, but I think it will move up.
What can I advice to you?
- Use BUY STOP order at 0.7440
IMPORTANT LEVELS:
UP: 0.7440 , 0.7525 , 0.7600
DOWN: 0.7335 , 0.7300 , 0.7250 and 0.7210