H4 time frame. Structure: Uptrend. Currently appearing a double bottom reversal pattern at 0.73200 and divergence signal from MACD. Key level is clear at 0.74200. Wait for the price to increase sharply, break the key level and have a retest signal, then you can find buying opportunities. The profit target is the 0.75600 price...
H4 time frame. Structure: Uptrend. The downtrend showed a divergence signal and the price broke through Key level 0.73800. Here, waiting for a confirmation retest signal and a bullish pattern to appear, a buying opportunity can be found. Profit target is 0.75000 price...
Good morning. I decided to a video as there were 4x new trade setups on the Forex Daily time frame from my watch list. You can hear me talk about my thoughts on each setup or you can read my notes on the charts. Enjoy your day all. Cheers.
It's not late to jump in and ride the short term wave for 60+pips. Strategy: Shift in Direction There is BOS and Correction to 78.6% fibo level of the swing that caused the break. I expect price to grow to my target 2, but first, i have to cover the cost by taking profit in-between. LET ME KNOW HWAT YOU THINK (LIKE, COMMENT AND FOLLOW ME PLEASE)
CADCHF looks at a good buying area... I am going long.. long so using the day candle.
Is CADCHF set up to go LONG? First we look at the Monthly and we see a 10 year trend connecting tops was broken in 2017 and the market has been ranging since 2014. We are now in the middle of that range. We see the low in Jan 2016 was surpassed in March 2020 when Covid 19 broke out, symbolically hunting out the stops and taking out the early buyers. The...
Hello everyone, if you like the idea, do not forget to support with a like and follow. We do have a W pattern formation on the Weekly. We are looking into a neckline retracement before the move to the upside. We can see on the COT - Commitment of Traders, which is what Hedge funds and the non commercials so the biggest in the market are doing. Where we can see...
mon idee sur le prix de pair je vois juste un test sur le bullish orderblock juste un stop hunt en bas pour une retournement vers RTO
This is my idea on CADCHF pair. Expecting price to rise to 0.74029
Buy setup on CADCHF after big correction, now the impulse is happening and this is the end of the correction, so I am take a long on CADCHF.
What's up guys! I'm looking for buy setups as price is in a downward trend and approaches the lower trendline of the major daily channel indicated in Yellow If you look on the larger timeframe you notice that price in overall bullish in the channel indicated by the upper and lower yellow line Everything intersects and I fancy this classic setup , I'm waiting for...
Hey traders, here is the analysis for the CADCHF. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Bullish Indicators: 1) Support zone at 0.73294 Bearish Indicators: 1) Resistance zone at 0.74278 2) Downward trend Plan A: One can take short position on the rejection from the resistance zone of 0.74278 for the target of 0.73745 and 0.73387 Plan B: On contrary if pair break the resistance zone with a good bullish candle one can take long position for the target...
Down Channel Broke up and retested. Already in trade as shown
it is good Opportunity for long and watch out CPI Tomorrow OANDA:CADCHF