CADCHF Analysis:
CADCHF is falling from the important resistance area in the higher timeframe Weekly chart.
In the smaller timeframe 4-hour chart, CADCHF is falling from the higher high area of the Ascending channel.
After the confirmation of upward movement, CADCHF buy signal is given.
CADCHF has made a consolidation between the entry price area and closed as per the 2 days protection rule. CADCHF signal was given on Monday May 2, 11.50 pm as per AEDT timezone to our paid users and the trade protection is carried out on the next day (2nd day) May 3, 11.59 pm – during the protection time, market stayed in our entry price range, so it has closed as per the protection rule.
Example: If a signal was given on Tuesday at 8 p.m AEDT time, The trade protection of the signal should be carried out on the next day at 11.59 p.m AEDT time.
For new users: Please note: CADCHF signal has been closed at the entry price level due to ranging movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message.
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