CAD/CHF to 0.8700 in the coming days

FX:CADCHF   Canadian Dollar/Swiss Franc
151 4 3
1. Price broke a long term down trend line on May 13th 2014 and has since been going higher.
2. Yearly Pivot is still unhit @ 0.8719
3. The 1.618 Fib extension for the latest up swing is around 0.8700
4. Hidden divergence is seen (Price made a higher low while stochastic made a lower low)
- I expect price will move up in the coming days to 0.8700
- Pips from current price level = 316 pips

Tigo2020, nice analysis. About the hidden divergence, does it mean the price will go down ?

tigo2020 aleipena
Well hidden divergence signal trend continuation. The most recent trend has been up. so I am expecting a move to the north
aleipena tigo2020
Thanks for the quick reply tigo2020, Everyday I learn something new. I was not aware that hidden divergence is a signal continuation. Actually I was not aware about the existence of hidden divergence.

Thanks for the Chart Nimer. Hope you have a great weekend!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out