tigo2020
Long

CAD/CHF to 0.8700 in the coming days

FX:CADCHF   Canadian Dollar/Swiss Franc
151 4 3
Observations
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)
Expectations
- I expect price will move up in the coming days to 0.8700
- Pips from current price level = 316 pips

Codetrader
2 years ago
Thanks for the Chart Nimer. Hope you have a great weekend!
Reply
aleipena
2 years ago
Tigo2020, nice analysis. About the hidden divergence, does it mean the price will go down ?

Thanks.
Reply
tigo2020 PRO aleipena
2 years ago
Well hidden divergence signal trend continuation. The most recent trend has been up. so I am expecting a move to the north
Reply
aleipena tigo2020
2 years ago
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.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out