CAD/CHF Trade Idea

Hello and welcome to my Trade Idea of the currency pair CAD/CHF.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe shows a ranging market but the huge bearish candles outweighs.


Weekly: Weekly is after the touch from the strong trendline bearish.


Daily: On the daily timeframe we see a consolidation.


H4: Here we draw the counter trendline and the powerful resistance area.


Have a nice day.