CADCHF showing some bearish potential.
Entry - Grey line
Take profit - Green line
Stop loss - Red line
Risk exposure - 1%
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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 !!
CADCHF tried recovering from the down fall but couldnt. The number of hours it used to retrace is much higher down the continuation hence letting us know how weak the CAD is getting and going to continue falling until key level Im watching
We can currently see this pair retracing thus gaining momentum and also creating bearish divergence for a potential bearish continuation. We can see the same setup on USDCHF. The grey line has been marked at 50% fib level of that bearish move. Should price move to the red line which is our SL, this would invalidate our trade idea. Our tp is marked at 100% of the...
Price broke support and consolidated just under the resistance line. Last week 4h candle closed with a bearish pin indicating a short opportunity. This is a swing trade for me and targeting 300 pips or thereabouts. Happy new trading week guys.
CAD/CHF has broken its 8H 50 EMA support and entered into a bearish trend.
We can expect it to fall 100 pips as long as the 8H 50 EMA holds strong as resistance.
Trade safe.
Trading is a marathon not a sprint - you want to be around for the long term not just a single week.
"The race is not to the swift, nor the battle to the strong" just endure and press on - There is an element of chance in this life but you can alter it by hard-work
ONLY 5% OF TRADERS are actually consistently profitable are you part of them if not yet what are...
Dear traders,
So as you can see we expect CADCHF to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also moving to strong supply zone that’s been filled right now.
It will be much clear on the 4h chart, you can see we are creating now a nice “M formation”. We...
Hi traders,
this is my trade idea for CADCHF for next week. This pair show us a RSI divergence plus a rising wedge what will broke to the down side.
The fibonacci retracements are the targets for next week.
Have a great weekend.
Your Stefan Forex
Hi Traders,
The CADCHF has just completed a zigzag correction which retested a swing level that lined up with 50.0 Fib ratio and descending trendline.
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The correction which is most likely wave (b) of Y of double zigzag pattern signals the continuation of the downtrend in the wave (c) of Y.
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Considering that traditional technical analysis agrees with Elliot...
We can see that price breakout from the bullish channel, then the price move to a flag pattern but sellers pushed price lower again and they make a breakout from the flag either...
Now we can see the price is testing previous support.
We should see down action to 0.74616 - 0.73337 somewhere in this area we should see reversal...
Let's see what is going to...
WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 30 JANUARY 2018
1 HOUR
Bullish pullback towards our entry and resistance
4 HOUR
Bearish market with small pullback now!
DAILY
Strong bearish reaction to 0.76400!
LEVELS
SELL CADCHF
ENTRY @ 0.75870
SL @ 0.76330 (45 Pips)
TP @ 0.75340 (50 Pips)
RR: 1.15, use normal risk!
IF YOU HAVE ANY QUESTIONS...
