Technical analysis CADCHF for 21.02.2022

21.02.2022 16:28
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.7195. The closest resistance is the level 0.7230

Key levels

  • 0.7365, 0.7005, 0.7265, 0.7230, 0.7195, 0.7145, 0.7100

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.7195, with Take Profit of 0.7145 and Stop Loss of 0.7230

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.7230, with Take Profit of 0.7305 and Stop Loss of 0.7195
Senario
Syor
SELL STOP

Titik Entri
0.7195

Take Profit
0.7145

Stop Loss
0.7230

Level utama
0.7365, 0.7005, 0.7265, 0.7230, 0.7195, 0.7145, 0.7100
Senario pilihan
Syor
BUY STOP

Titik Entri
0.7230

Take Profit
0.7305

Stop Loss
0.7195