Hello Friends! I hope "CADCHF" will go Short 'Sell' position and touch S1 then some correction. After her correction, it will touch S2 and S3.
CADCHF - Sell
=> Entry Price: 0.68912
=> Stop Loss: 0.69506
=> Take Profit1: 0.68306
=> Take Profit2: Open
You will take only 1-2% risk for all running entry
You will try to give an alert when need...
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Everything on the chart.
open pos: on breaking resistance
targets: 0.7042 - 0.7065
after first target reached move ur stop to breakeven
stop: (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
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CAD - BULLISH
1️⃣ The Canadian dollar appreciated further, supported by higher oil prices and a weaker dollar.
2️⃣ News that Novavax Inc had reached an agreement with the Canadian government to supply up to 76 million doses of its experimental coronavirus vaccine lifted investors’ sentiment.
3️⃣ The Fed’s dovish signal, the risk-on mood continued weighing on the...
From my analysis currently CAD overall is on an uptrend. we should wait and see whether this level able to hold or not. Dont rush to enter because it has a huge rejection after hitting the resistance level. there is quite high probability that this level will not hold from the current bearish pressure. however if it does hold, then it is good to buy at least to...
CAD - BULLISH
1️⃣ CAD was lifted by a rise in oil prices after tropical storms Marco and Laura hit the Gulf of Mexico and amid optimism about coronavirus treatments.
CHF - BEARISH
1️⃣ The global risk sentiment remained well supported by hopes of a potential vaccine and treatment for the COVID-19 virus. This coupled with a positive trade-related development...