CAD/CHF: Possible opportunity to long
Canadian Dollar/Swiss Franc it's one of my analysis that I check out and I was in short, but I loss this trade in the first as I analyzed with my iphone and my iphone I suppose that I can't to analyze it than using a computer or laptop, a better way to see full the chart.
Ok, now, so, I believe that Canadian Dollar look strengthen in the trend, what we could to hope that CAD down a little like 40 pips and find bought in the smart zone like $0.7406 CHF, And this bullish movement could to up to $0.7500 CHF. i calculate that this will be an opportunity of 97 pips approx. to find up bought
This it's the H1 and I identify a bullish divergence in the RSI, what in this part I was liquidated. But now, I understand that bullish divergence mean change of trend. Now, we expect this opportunity to long
Meanwhile, in Daily timeframe it's look that made this break-out of this bearish channel, what bulls are interested to buy.
I hope that this analysis support you.
i wil keep update when CAD/CHF raise at least $0.7406 CHF, i suggested to put an alarm at this price when hit down.
Ok, now, so, I believe that Canadian Dollar look strengthen in the trend, what we could to hope that CAD down a little like 40 pips and find bought in the smart zone like $0.7406 CHF, And this bullish movement could to up to $0.7500 CHF. i calculate that this will be an opportunity of 97 pips approx. to find up bought
This it's the H1 and I identify a bullish divergence in the RSI, what in this part I was liquidated. But now, I understand that bullish divergence mean change of trend. Now, we expect this opportunity to long
Meanwhile, in Daily timeframe it's look that made this break-out of this bearish channel, what bulls are interested to buy.
I hope that this analysis support you.
i wil keep update when CAD/CHF raise at least $0.7406 CHF, i suggested to put an alarm at this price when hit down.
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