Canadian Dollar/Swiss Franc look bearish in this side as we see a clearly Shoulder Head Shoulder (a bearish pattern). Because what we see that the price doesn't make a support, did you know? a weak as it's show us in this moment. This it's not a bullish signal, it's mean a market trap in formation that we would need to be pending in this trade. What I'm bearish in CAD/CHF. We see that the price forming like a little bearish rising wedge.
In this screenshot, we see a perfect formation of this bearish chartist pattern!!! Shoulder Head Shoulder
Now, we see this point that CAD/CHF it's in the higher point to sell. What we see a key point to remain in this purple arrow that I show you very well. But this signal it's bearish for who watching
Now, I'm shorting CAD/CHF from $0.7302 CHF, Stop Loss to $0.7332 CHF (30 pips) and target profit to $0.7230 CHF (71 pips)
Now, I'm not bullish and the bullish perspective what I sending the screenshot, it's not valid, what I update the information here,
Good luck!!!
Remember: For tomorrow we hope the interest rate decision by Bank of Canada, what hope to hike another 75 bps to 4%, previosuly was 3.25%.
So, we hope this important event for Canadian currency.
In this screenshot, we see a perfect formation of this bearish chartist pattern!!! Shoulder Head Shoulder
Now, we see this point that CAD/CHF it's in the higher point to sell. What we see a key point to remain in this purple arrow that I show you very well. But this signal it's bearish for who watching
Now, I'm shorting CAD/CHF from $0.7302 CHF, Stop Loss to $0.7332 CHF (30 pips) and target profit to $0.7230 CHF (71 pips)
Now, I'm not bullish and the bullish perspective what I sending the screenshot, it's not valid, what I update the information here,
Good luck!!!
Remember: For tomorrow we hope the interest rate decision by Bank of Canada, what hope to hike another 75 bps to 4%, previosuly was 3.25%.
So, we hope this important event for Canadian currency.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.