Hey Traders! 👋
I'm eyeing a potential drop in CADCHF! It’s been lingering around a key pivot level, which is likely turning into strong resistance. All three moving averages are sitting above the price, adding to the bearish momentum, and we've also got a clean triangle break on the 4H chart confirming this bearish bias. Plus, recent CAD news came out negative, backing up this setup even more.
General Guide:
🎯 TP1: 20-30 pips
🎯 TP2: 60-100 pips
🎯 TP3: 160 pips or down to the recent bottom
Please note, these ideas are shared for analysis purposes only. For more insights, feel free to check my profile—appreciate the support! 😊
I'm eyeing a potential drop in CADCHF! It’s been lingering around a key pivot level, which is likely turning into strong resistance. All three moving averages are sitting above the price, adding to the bearish momentum, and we've also got a clean triangle break on the 4H chart confirming this bearish bias. Plus, recent CAD news came out negative, backing up this setup even more.
General Guide:
🎯 TP1: 20-30 pips
🎯 TP2: 60-100 pips
🎯 TP3: 160 pips or down to the recent bottom
Please note, these ideas are shared for analysis purposes only. For more insights, feel free to check my profile—appreciate the support! 😊
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
