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This market is giving us a great opportunity! I suggest you to have a quick look on the CADCHF Daily Chart to understand with a different perspective the reasons of this market's movement.
You could check it out clicking the link here below:
Let's focus on the area that interests us:
As we can see, since many days ago the price has been following a strong descending channel, bouncing many times on the dynamic S/R level of this channel.
The price just broke the channel and it's probably going to get a short correction.
ONLY IF THE PRICE will bounce on the support level, confirming the end of the descending channel and the beginning of a new trend, then you might consider the following trade details:
ENTRY POINT: 0.69766
TAKE PROFIT: 0.70456
STOP LOSS: 0.69390
RISK/REWARD RATIO: 1.70
Stay tuned for updates!
What's your opinion? Share your idea writing a comment!
Trade Safe and Responsibly
Gianni
This market is giving us a great opportunity! I suggest you to have a quick look on the CADCHF Daily Chart to understand with a different perspective the reasons of this market's movement.
You could check it out clicking the link here below:
Let's focus on the area that interests us:
As we can see, since many days ago the price has been following a strong descending channel, bouncing many times on the dynamic S/R level of this channel.
The price just broke the channel and it's probably going to get a short correction.
ONLY IF THE PRICE will bounce on the support level, confirming the end of the descending channel and the beginning of a new trend, then you might consider the following trade details:
ENTRY POINT: 0.69766
TAKE PROFIT: 0.70456
STOP LOSS: 0.69390
RISK/REWARD RATIO: 1.70
Stay tuned for updates!
What's your opinion? Share your idea writing a comment!
Trade Safe and Responsibly
Gianni
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.