Here is our detailed technical review for CADCHF.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.648.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.642 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Trade fermée: cible de profit atteinte
That was an excellent trade and the target was reached too!
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✅JOIN FREE TELEGRAM: t.me/signalsproviderfx
💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx
🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx
🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.