CADCHF – Clear bearish market condition

Written by Raul Lopez on . Posted in Trades & Analysis

The first thing that I look for before I start trading any currency pairs id how the market is trading in the long term charts to determine the market condition, I like to see clear support & resistance levels. Today, the currency pair that I like the most is the CADCHF, it has a very clear bearish market condition, it is being rejected consistently from both, the main support and resistance levels:

The short term charts confirmed this condition when it broke the support level of the short term range.

Trade Safe!

Raul Lopez
Forex Training



Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

If you have any question about anything, please feel free to contact me at: or call +1 518 300 3828

StraightForex on Facebook StraightForex on Twitter Call me on Skype Grab my RSS StraightForex on Google+ StraightForex on YouTube