Friday, April 12, 2024

CADCHF has broken the higher low level of the ascending channel and re-entered back into the rectangle pattern which leads to -725 points
1 mins well spent

CADCHF Analysis:

CADCHF at the retest area and higher low area of the ascending channel in the 4-hour timeframe chart.

After the confirmation of the Upward movement, the CADCHF Buy signal is given.

CADCHF Update:

CADCHF has broken the channel and re entered into the support resistance range

CADCHF has broken the low level of the ascending channel and re-entered back into the rectangle pattern (support resistance) range which leads to the SL price. However, CADHF is still consolidating between the support and resistance areas for now.


Don’t trade all the time, trade forex only at the confirmed trade setups.

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