10.18.2021

We find CHFCAD intriguing, so we look to break down the charts.

We start with the MONTHLY to see how it looks from a LONG TERM perspective:

It looks cheap and like it could have a big move higher.

Next we look at the weekly, to see if we can identify a TREND:

There is an identifiable trend that has a potential conclusion (cycle) at 0.7720.

The DAILY confirms the TREND is UP:

Now we have to look for SPOTS that have GOOD RISK REWARD for us to participate.

2-Hour Chart:

We find an ENGAGEMENT ZONE with Good RISK REWARD: 0.7340 – 0.7345.