Weekly Analysis of CADCHF + Trade setup by ThinkingAntsOk
Use this to complement your view of the chart
Main items we can see on the Weekly Chart:
a)A Huge Range has been broken
b)Currently, the price is on a corrective Structure against the previous Support Zone, now working as a resistance
c)We expect a bearish movement towards the next Support zone at 0.6500
d)On the 4HS chart, we can see an ABCDE Triangle Patterned completed
e)There you can see a set of parameters you can use if you are interested in taking this trade
f)Remember Never risk more than 1% of your trading capital while trading.
Main items we can see on the Weekly Chart:
a)A Huge Range has been broken
b)Currently, the price is on a corrective Structure against the previous Support Zone, now working as a resistance
c)We expect a bearish movement towards the next Support zone at 0.6500
d)On the 4HS chart, we can see an ABCDE Triangle Patterned completed
e)There you can see a set of parameters you can use if you are interested in taking this trade
f)Remember Never risk more than 1% of your trading capital while trading.