Profit taken on my recent short, now in for a long as the structure has finished making the higher low
Rejection of ascending trendline and 0.5 FIB. Also rejected 50MA on the 1 hour. Nice small stop loss for this one with an open TP.
CADCHF Trading Plan BUY - Riks Reward 1:3
A classic breakout trade in the daily uptrend (4h trend has been terminated). Will wait for the price pullback, along with bullish candle formation engulfing the previous bearish candle to signify the reversal and will jump to a 1:1 R2R trade.
CADCHF Trading Plan BUY - Riks Reward 1:3
I still see potential long entry for this pair.
CADCHF possible long day/intraday trade opportunity. Looking to build my positions on a potential pullback.
📢CADCHF 4H - Technical Breakdown 📈Price action has successfully broken through the clear up-trend and has since re-tested the prior support. 📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the highlighted support at 0.67300.
Closed above the most recent support area and 50EMA. If next candle opens above the support, will be looking for a short term buy up to the next resistance, with a nice small stop below the most recent low.
CADCHF IS AN IMPORTANT SITUATION , SELL AFTER BEAR CONFIRMATION
We can see downfall after broken the structure in downside. ThankYou
Long biased has not been invalidated, a buy is very much on the cards. The target will defintely be reached.
Hi guys and ladies. The price has broken a key level, but this is temporary, because it is already returning to its target at 0.69000. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
The weekly action is showing bullish momentum. 0.71400 is my target area if price closes bullish today.
Waiting for confirmation of a long on this pair. Waiting for a sign that the next impulse leg will begin
Price Broke the Structure Level 5 days ago and it looks like we will see a continuation upwards, as the price was failing to break it back down by the end of the week.