Get started
VasilyTrader

CADCHF: Bearish Outlook Explained 🇨🇦🇨🇭

Short
CAD/CHF (OANDA:CADCHF)  
VasilyTrader  
OANDA:CADCHF   CAD/CHF
Parallel Channel Rectangle Candlestick Analysis Forex trading Technical Analysis priceaction trader forexsignals
9
3
parallelchannel rectangle candlestick forex trading technicalanalysis priceaction trader forexsignals
snapshot

CADCHF pair broke and closed below a solid intraday horizontal support.
After a violation, the market retested the broken structure and started to consolidate.

A bearish breakout of a support line of a consolidation range gives us a strong bearish confirmation.

It increases the probabilities that the fall will continue.

Goals: 0.6587 / 0.6567

❤️Please, support my work with like, thank you!❤️




✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

VasilyTrader
USDCHF: Time to Sell?! 🇺🇸🇨🇭
VasilyTrader
GBPUSD: Top-Down Analysis & Trading Plan 🇬🇧🇺🇸
VasilyTrader
Technical Analysis DOES NOT WORK in GOLD Trading
VasilyTrader
MarketBreakdown | EURUSD, BITCOIN, CRUDE OIL, EURGBP
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.