CADCHF Chart Analysis (Week of 04.03.2023)
Greetings! I believe that the major move for this pair is to the upside for this week for the following reasons:
-Overall Bullish Trend (Respected trend line)
-Price sitting at a FVG
-Price making higher highs
I do believe price is headed in an overall bearish trend in the near future evidenced by the equal highs and head and shoulder patterns present in the market.
-Overall Bullish Trend (Respected trend line)
-Price sitting at a FVG
-Price making higher highs
I do believe price is headed in an overall bearish trend in the near future evidenced by the equal highs and head and shoulder patterns present in the market.