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+670 Points in CADCHF

CADCHF Analysis:

CADCHF is rebounding from the horizontal support area of the pattern in a 4-hour Timeframe

CADCHF has broken Descending channel in the upside (lower high) in the 1-hour Timeframe

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

CADCHF buy signal reached the take profit target successfully.

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-725 Points in CADCHF

CADCHF Analysis:

CADCHF reached the horizontal support and the retest area of the broken descending channel in the 4-hour timeframe chart

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

CADCHF Update:  

CADCHF has re-entered the channel and is approaching the horizontal support at 0.6500, possibly triggering the stop-loss price. Currently, CADCHF is at a historical low, increasing the likelihood of an upward movement. Until then, CADCHF is likely to consolidate within the support and resistance zones.

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+1180 Points in CADCHF

CADCHF Analysis

CADCHF has broken the lower high (top) area of the descending channel in the higher timeframe 4-hour chart  

In the smaller timeframe 1-hour chart, CADCHF has broken the top area of the descending triangle

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

CADCHF buy signal reached the take profit target successfully.

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+500 Points in CADCHF

CADCHF Analysis

CADCHF has broken the lower high (top) area of the descending channel in the higher timeframe 4-hour chart

In the smaller timeframe 1-hour chart, CADCHF has broken the top area of the descending triangle

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

CADCHF buy signal reached the take profit target successfully.

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