SamKent

CAD/CHF 4h Price Action Analysis

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
0
The CAD/CHF has been building some bullish momentum. The sellers are still present as indicated by the long upper wicks, however, the pair seems to be creating a slow and steady sequence of higher lows, as well as clearing the 50% fib with a massive 2 way candle. All in all, we'd be interested buyers on a clearing of the 61.8 fib, we feel like once that resistance is clear we should make a round trip back to the 0.861 highs. If the pair does break the 0.844 lows with some seller conviction we'd be looking for pullbacks for shorting purposes.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.