The CADCHF pair is currently trading near a significant supply zone, where prices have previously encountered strong resistance and reversed lower. This suggests a potential bearish scenario as sellers might regain control in this region.
A bearish confirmation, such as a rejection candlestick pattern (e.g., a bearish engulfing or long upper wick), would strengthen the case for further downside movement. If this scenario unfolds, the next target to monitor is around 0.63202, which aligns with a key support level.
Traders should wait for clear confirmation of selling pressure before entering short positions to ensure alignment with the broader market sentiment.
A bearish confirmation, such as a rejection candlestick pattern (e.g., a bearish engulfing or long upper wick), would strengthen the case for further downside movement. If this scenario unfolds, the next target to monitor is around 0.63202, which aligns with a key support level.
Traders should wait for clear confirmation of selling pressure before entering short positions to ensure alignment with the broader market sentiment.
交易开始
交易结束：到达目标
Target reached.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。