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CADCHF is moving in Descending channel and market has rebounded from the lower low area of the channel
After the confirmation of the Upward movement, the CADCHF Buy signal was given.
CADCHF buy signal reached the take profit target successfully
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CADCHF is rebounding from the major horizontal support area in the daily timeframe chart
After the confirmation of the Upward movement, the CADCHF Buy signal was given
CADCHF buy signal reached the take profit target successfully
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CADCHF reached the major resistance area in the daily timeframe chart
After the confirmation of the Downward movement, CADCHF Sell signal was given.
CADCHF Sell signal reached the take profit target successfully.
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CADCHF is rebounding from the horizontal support area in the daily timeframe chart
In the 4-hour timeframe chart, CADCHF is rebounding from the retest area of the broken descending channel
After the confirmation of the Upward movement, the CADCHF Buy signal was given.
CADCHF buy signal reached the take profit target successfully
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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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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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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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