In the name of Allah, the Most Gracious, the Most Merciful CADCHF Short Trade Possibility. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. CADCHF SELL @0.75394 SL @0.76101 TP @0.74953 TP @0.74501 TP @0.74102 LINK IN BIO!! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
CADCHF expected to rise up to 1st resistance at 0.74878 where it could potentially react off and drop down to 1st support at 0.75695. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This is based on the same methodology I used with the EURUSD short (just failed but still good trade), going for 2:1.
We're quite bearish on this pair and price is showing further potential to extend and complete this bearish move. Risk no more than 2% Stop loss - red line take profit - Green line
CADCHF has reached a very important level of resistance and is now forming a head and shoulders. Enter after a breakthrough of the bottom line after completion of the right shoulder.
OANDA:CADCHF - Details on the chart. pipdify, Tamilkumar.
CADCHF reversed off its resistance at 0.74828 where it could potentially drop further to 0.74364. 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 0.74444 where it could potentially drop further to 0.74218. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF bounced off 0.74063 where it could potentially rise further to 0.74535. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
PRICE BROKE LAST SUPPORT WHICH BECOME NOW RESISTENCE, SELL THE RESISTENCE RETEST TO THE NEXT SUPPORT
CAD CHF Sell at 0.74150 SL 0.74650 Tp 0.73650 Tp 0.73150
CADCHF Sell Idea CAD CHF SELL AT 0.73716 SL- 0.74299 TP-0.73133
Follow ArrowPips : ) Possible Short for CADCHF, H4
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