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If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8550 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8550 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair and as we can see from the chart is trading under level 0.8800 , so , that's mean the down trend is still standing and the pair might head to 0.8770 and then 0.8740 how ever the pair made any hourly correction
If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8650 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8650 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair is trading now above the level of 0.8750 and that's mean the uptrend is still standing and the pair might reach 0.8800 , but if the pair succeeded in breaking 0.8750 , it will continue in down trend heading to 0.8725 and then 0.8700
If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8750 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8750 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair as we can see on the chart has success in breaking the level of 0.8700 and reached the level of 0.8650 , that's mean the down trend is standing and the pair might head to 0.8625 then 0.8600
analysis cad/chf on frame day.if the pair broke support
level 0.8730.the pair will down till level 0.8676.however the pair
broke resistance level 0.8784.the pair will up till level 0.8814
good luck
the pair as we can see on the chart has success in breaking the level of 0.8700 and reached the level of 0.8650 , that's mean the down trend is standing and the pair might head to 0.8625 then 0.8600
If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8650 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8650 is neutral area, any trade done in between is personal decision and not part of this analysis
Exactly as i expected , the pair reached 0.8640 (supprot level) now:
up movements (correction) till 0.8720 (resistance) are expected