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chfcad found support at weekly and daily. Price made a falling wedge in the 1hr timeframe.
chf/cad has touched 4hr/1hr zone followed by falling wedge. Price respected the weekly zone so I was actually waiting for retest of that area however, price has touched the 4hr/1hr zone before and that zone is very strong in terms of direction.
chfcad is in an ascending channel while testing support zone.
Canadian dollar depreciating since 2007, as seen in this basket of G7 currencies. USDCAD long term target is 1.53-1.60 by 2021. #USDCAD $USDCAD
SHORT ENTRY ON CHFCAD
In CHFCAD - Price inching towards the ABCD pattern target and now bearish Head & Shoulder also confirms the TARGET as shown in the CHART...
Canadian dollar is doomed, as Canada heads for a financial crisis in the next few years.
is a buy ?
CAD breaking down vs EUR, JPY, SEK, CHF
CHFCAD Forecast 9/12/2018
a short idea going for 100 pips
CHF/CAD my analysis show it that it has hit a double top zone for a drop to a suplply and demand zone
CHF/CAD: Rising wedge; A potential pull back from 1.3267/1.3297 to 1.3228
Looking at CHFCAD we can see two uptrends currently going on.
We will be going long as soon as we geht a higher high.
Trading the trend.
SHORT ON CHFCAD