T.G.I.F Great Traders
We have come to the end of yet another eventful week in the market. It’s been a while I saw some great moves in the market within a week.
I could officially say the market is back….Huuraaaaaaay!!!
Anyways, before we start any early celebration, let’s head into the market one more time and after that, we call it a week.
1. CAD/CHF
I have been trailing this bad boy for some days now, and it has become obvious that the bears are taking no prisoners from this battle.
When looking through the lens of the 4 hours time frame, you will observe that CAD/CHF just broke out from a key support level (0.75369) of an ascending channel.
What we may observe after the breakout is a pull back, before the bears continue their run to the next possible support level (0.74606)
2. CAD/JPY
CAD/JPY is very much similar to CAD/CHF
The bears in this pair are still strong. All we need to do is look for a good sell entry position and ride the market to the next possible support level (81.732).
Also remember that, its the end of the trading week and I would advise you to trade cautiously.
We have come to the close of our trading analysis for the week. See you guys on Sunday, where we pick some viable setups and analyse their possible moves during the week.
Hey…,
If love our content, please share
If you have contributions to make, please comment and
If you want to continually get our daily setups, kindly subscribe.
Thanks for giving me your time during the week, wishing you an awesome weekend and stay blessed
