This is based on the same methodology I used with the EURUSD short (just failed but still good trade), going for 2:1.
See chart for illustration. This is a follow up from earlier publication (see link below) as SHORT tendency keeps building up! Lower time frame speculation shall come up soon as price action is been monitored
CADCHF in Daily Time frame Following Channel Pattern We can also see there Uptrend line which has broken Channel patterns. Channel patterns are types of sedimentary deposits formed by streams and rivers. Collectively, they are called fluvial deposits. Their shape and sediment characteristics are easily identified and enormously complex. Sale: 0.75512 Target :...
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
CADCHF IS IN CLEAR DOWNTREND,EXPECTING DOWN MOVE AFTER BREAKOUT OF CORRECTIVE PATTREN
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.
Hello traders! Today we have this beautiful CADCHF setup, after moving to the downside for a long time, now we have the chance to go long for the first time, however, before we can, we have some things we need to check first! For a good and safe entry, we would recommend you to wait for a clean closure above our resistance level (you can look for entries in the...
the CADCHF broke the Trendline and retested it. now it is following a clearly downside movement to make an. double bottom togo bullish again. this downside movement is just a retracement for the current level. after 74.000 CadChf will rise again. to a target of 0.79. mason for this is that I believe that CAD has scope a strengthen further, extending its recent...
CADCHF approached to resistance line.
CADCHF bounced off of strong support that is holding for sometime already and if you took the trade at the support line marked with yellow circle the well done but for those who have not then here is how we could get involved: 1st we wait for the price to come back to the support as i draw it on the chart with 4:1, 5:1 reward/risk ratio or if the price push higher...
==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW ==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS Comment under to know why i took this trade :)
cadchf is most likely to go down because of the strong resistance above.
CADCHF seems to have yet again reached a low, great chance to take some cash in a good longterm low multi buy have fun buyin CC safe trading i do not take any responsability