CADCHF is clearly in a down trend with a bear channel.
We can expect a bit of upside where price could breakout of an Ascending Triangle. Then it will test the top of the channel at 0.7344 before it comes down to the next target around 0.7068.
Concerns: The 7MA looks like it wants to cross above 21MA - Bullish.
However, price is still below the 200MA so I'm bearish with this analysis...
We can expect a bit of upside where price could breakout of an Ascending Triangle. Then it will test the top of the channel at 0.7344 before it comes down to the next target around 0.7068.
Concerns: The 7MA looks like it wants to cross above 21MA - Bullish.
However, price is still below the 200MA so I'm bearish with this analysis...
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
