CADCHF buy prefer above trend line . and now touch beaish trend line break target will be 8385 above 8400 target will be 8500. support now 8280 break target will be 8250 and 8215 and there is a clear MACD and RSI divergence . --------------------------------- www.facebook.com freefx1.blogspot.com www.targetforexsignals.com
View Chart: Daily Potential Entry: 0.82834 S/L: Above Entry Potential Target: Recent low (0.82324) R/R: 3:1
CADCHF break 8285 target will be 8205 below 8155. hold on these level good to buy and target will be 8525. --------------------------------- www.facebook.com freefx1.blogspot.com
CADCHF longing for trend continuation, not sure if it can continue to ride
bull run up finding earlier resistance....weekly RSI POINTING CLEARLY DOWNSIDE
Finally a good confirmation for short with this double top on cypher completion. Although, there's a chance of a bat completion this looks good enough.
If the cross is near to the (iv) wave, is possible to break the resistance line 'till 1.618 fibo extension to form the (v) wave
This idea is based on a combination of Elliot wave theory, Median line analysis and Fibonacci ratio's. The rationale behind this setup is shown on the chart along specific targets and stop losses. If you are about to copy this setup, please do so at your own risk. Good Luck
I really like this setup on CADCHF. First, we're seeing signs of CAD strength across the board; in fact I have a short GBPCAD position on as well. Moreover, price is clearly in an uptrend on CADCHF, and the pulllback since early July allows swing traders to buy the dip. I've got an order to go long at support at 8290, with a fairly tight stop (from the perspective...
CADCHF is neutral, atentar para o fechamento do candle no grafico de 8h fora desta zona.
CADCHF..preferred to sell below 8325 or at 8390 if i see resistance and here are the reasons : 1- X A B in black now fibonacci 78.6 from X A beside three impulsive waves from A . 2-Completion of five waves. 3-Three days of weakness. 4-fibonacci retracement extension from RED A B 161.8. 5-Weakness in the...
Potential long entry based on Cypher pattern
CADCHF is still trading in channel. The 833 level seems to be a strong res. PA is currently trading at 835 levels and still no strength to make new highs. With nice RSI divergence a ret. to 8284 or 824 should happen soon.
Are we good to go? Is it a higher low, nicely placed at the lower median line parallel of the blue fork? It looks like CADCHF has found nice support at the 0.382 retracement, which is way above the half-way of the May rally and thus seems to be a factor conducive to further up trend advancement. I find the CAD to be very strong and to have a lot of latent bullish...
One of the strongest trends of the recent days have allowed this market to recover more than 61.8% of the last swing down (seen on a daily chart). Now 0.83 is in sight. It can be reached and breached, as such strong markets tend to test the upper median line parallel. ----------- Disclaimer: There is a very high degree of risk involved in trading forex. I assume...
I find the CAD the strongest currency at the moment, although it's not as strong as the CHF is weak. Anyway, this combination definitely favours a long position. But it's probably not the best moment to buy it yet, as the CAD got relatively overbought and the CHF is in a rising phase of its momentum cycle. That's why I decided to wait for a better buying...