Price is currently at resistance and is showing bearish potential along with bearish divergence. Entry - Grey line Take profit - Green line Stop loss - Red line
Looking for a Wave 3 to start here on 50% retracement of Wave 2. 200 EMA gives support.
CADCHF expected to rise up to 1st resistance at 0.74374 where it could potentially react off and drop down to 1st support at 0.73017. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF expected to rise up to 1st resistance at 0.74374 where it could potentially react off and drop down to 1st support at 0.73017. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF reversed off its resistance at 0.73955 where it could potentially drop further to 0.73434. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Enter long! Open 3 trades! Tp1 1st Fib Level TP2 - Second Fib Level TP3 - 3rd fib level Stop loss under the daily candles until tp1 hits... then SL to Entry Happy Trading
Price pulled back and respected support before the start of the most recent bullish move. Price has potential to move to our target to complete the bullish move.
CADCHF bounced off its support at 0.74721 where it could potentially rise further to 0.75198. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
there is a unconfirmed ascending triangle @cadchf. just open a long position so my stop-loss is very close
CADCHF is expected to drop to 1st support at 0.74833 where it could potentially react off and up to 1st resistance at 0.75377. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Looking at the CADCHF pair, price has been following the trend line (going upwards at 4H chart). Looking at the 1H chart, the price has been staying at the SUPPORT. The price has been having some difficulties to break the SUPPORT level. Therefore there is a probability that the price will be going bullish. Disclaimer: These are only an idea or a point of view of...
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Price could reject this Yellow trendline and go straight down from here..... Or Price could Go Up To Resistance and Reject Resistance and then Fall Down... Use your entry reasons to enter sell as soon as the reversal happens! Some people use the 5sma and 10sma Crossover... Some People Use Trend LIne Breakouts.... Some People Use Candlesticks Only..... Its up...