CADCHF Daily Analysis, 30th June 2021
Daily Trend : Bullish
Trade Scenario 1 :
We could spot that CADCHF is forming an ascending triangle pattern which a good sign of continuation pattern to the upside. But we would like to have a great RRR trade so we need to see price push to the downside testing the trendline and if there's rejection then we could take long position
Trade Scenario 2 :
To consider bearish on CADCHF we need to see a break of the trendline making a LL then a LH for confirmation to take short position
Trade Scenario 1 :
We could spot that CADCHF is forming an ascending triangle pattern which a good sign of continuation pattern to the upside. But we would like to have a great RRR trade so we need to see price push to the downside testing the trendline and if there's rejection then we could take long position
Trade Scenario 2 :
To consider bearish on CADCHF we need to see a break of the trendline making a LL then a LH for confirmation to take short position
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