CADCHF ANALYSIS
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Hello traders!
Here are my thoughts on CAD/CHF.
This pair has been ranging for a while, as we can see on the weekly chart below. Now it seems like it has a bullish momentum while also crossing 50 MA.
On the daily we can see that price has broke through the weekly resistance and re-tested it. This is a great setup for break and retest traders like me!
📈📉Trends:
⏳ Weekly- Ranging
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
Hello traders!
Here are my thoughts on CAD/CHF.
This pair has been ranging for a while, as we can see on the weekly chart below. Now it seems like it has a bullish momentum while also crossing 50 MA.
On the daily we can see that price has broke through the weekly resistance and re-tested it. This is a great setup for break and retest traders like me!
📈📉Trends:
⏳ Weekly- Ranging
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
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