CADCHF – Bullish condition

Written by Raul Lopez on . Posted in Trades & Analysis

Yesterday the CADCHF was trading pretty close to an important LT level, it formed a range in the short term charts, as it usually does when the market traders close to the LT levels. But earlier this morning the CADCHF broke through the ST resistance level triggering a bullish market condition:

As long as it trades above 0.8560 I’ll keep looking for long opportunities.

The next LT resistance level is at 0.8895

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