Canadian Dollar vs. Swiss Franc

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CADCHF: Potential Swing Short

CADCHF is approaching a strong daily resistance cluster.
the price action contracts within the rising wedge pattern signifying the weakening bullish momentum.

taking into consideration that the trend is bearish,
the price will most likely continue its fall soon.

to catch a bearish continuation, wait for a bearish violation of the support of the wedge (daily candle close below).

target levels:
0.6835
0.6780

stop will be above the closest 4H structure resistance.

in case of a bullish violation of the yellow area, setup will be invalid.

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相关出版物

GOLD (XAUUSD) Where are We NOW?

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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。