Avramis

CAD/CHF Multi-Timeframe analysis

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
Hi Traders

CAD/CHF Multi-Timeframe analysis

H1 CHART ( BULLISH )

A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario.

Support & Resistances
0.70789 0.71094
0.70455 0.71331
0.70165 0.71621

H4 CHART ( BULLISH )

A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario.

Support & Resistances
0.70789 0.71094
0.70455 0.71331
0.70293 0.71621

DAILY CHART ( BULLISH )

A medium probability, entry signal to go LONG was given at 0.70611 after the market broke the resistance level at 0.70611 .

Support & Resistances
0.70224 0.70550
0.69035 0.71444
0.68610 0.72959

WEEKLY CHART ( BULLISH )

Waiting for a retracement lower towards the 0.70070 support level , in order to reinstate LONG positions. Next important support is the 0.68165 level.

Support & Resistances
0.70070 0.71194
0.68165 0.72008
0.67449 0.72512

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