​Today CADCHF Analysis

 


CADCHF

The overall trend is upward. The descending wave pattern is truncated. A multi-light "double bottom" shape is formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.


Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.

Stop Loss under the support level 0.7328.

Target levels: 0.7420; 0.7520.


Grandcapital

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Thanks for your interest

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