CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74873 where it could potentially react off and up to 1st resistance at 0.75265.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Cadchflong
CADCHF Long The BreakoutHELLO TRADERS,
We are currently correcting and now you should look to long the continuation move up wards.
Note: If it makes 1 more down move to 0.74384 zone it will just be completing a slightly more complex correction. Doesn't change that the big move is still going to be up side!
Please thumbs up and follow if you enjoyed.
Thank you
CADCHF - Long opportunityBroken up through kumo on day chart and oil seems to be trading higher this week. Im predicting this rise to continue until next major area of resistance near top of last peak, before price reverses to stay working within its large range. Chikou span is above kumo and conversion has crossed up through base strengthening bullish price action.