Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

CADCHF technical analysis part 2 #forexeducation #trading #forextrading #forexsignals #forex

5 Jun 2023 · 1 min

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0:39

Vladimir Ribakov analyzes CAD/CHF price action showing falling resistance lines that were broken and retested. The next target is a volume zone on daily and weekly charts that aligns with a previous supply level.

Chapters

Here is another classical technical condition. So first of all, a falling resistance line, and then the most recent falling resistance line. The most recent line was broken, respected after the retest, holding for a while, and here comes the breakout. So very possibly the next level in mind is going to be the next falling resistance line, which in our case Falls directly on, as you can see here, massive volume zone from the daily and the weekly time frame and the previously created beautiful supply zone where the tail