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khansalarehsan
Jul 16, 2018 10:27 AM

A great opportunity to go Long CADCHF  Long

Canadian Dollar/Swiss FrancFXCM

Description

CADCHF

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Dear Friends,

As you know I am still in USDCAD short trade,

Click and Play



I think weighted average CAD can potentially appreciate and get to the next level of Fibo overlaps.



CAD Yields never visited the rising trend line





CHF bouncing to visit the EMAs and then continuation.



SXY breakout to the correct side of the wedge is clear



Regards,

KHAN

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Ooops, this is CAD 10 years Yields

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CAD is likely to break the topside as I updated USDCAD post. Here is also CHF average


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A flag formation on CAD weighted average

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Compare the following chart with the chart above.

A beautiful Flag breakout...


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Almost there ;)

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0.7687 HUGE selling opportunity

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Added the following trade

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Nice add on

Comments
delacerdaj24
I think this was a nice entry Khan, on my mark up it dropped to the 61.8% fib level, good work!
khansalarehsan
@delacerdaj24, Thanks mate, Good to know that ...
ofa
Sir, Is it good to enter now with small position?
JohnHuang
@khansalarehsan Hello , just wondering are you still in this trade?
khansalarehsan
@JohnHuang, Yes John I am in
Keszi
Hello Master :)
Can I have here a question?
Could you please tell your opinion about Heikin Ashi, CCI and awesome oscilliator?
Thank you
khansalarehsan
@Keszi, Accept apology, Never used them
CodeNTrade
Sorry, where does CADCHF go in your opinion?
yousaf503
Looks little risk to me. The current price is below 50 fib and 50 moving average.I think it's better to buy at the rate of 7536 to lower the risk.
khansalarehsan
@yousaf503, I like you idea mate. Thanks for sharing your thoughts here
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