NOW ITS TIME TO GO DOWN. A DOJI CANDLE CLOSE NOW.you can sell at the level or copy my signal in LITEFOREX. lite forex id : @boytrader
Price broke and close below supportive trendline and support. Price is looking to be making a rejection in support now turned resistance, would be selling if if see rejection off this area followed by bearish confirmations.
Happy Trading & Take Care ______ *This information is for entertainment purposes only and shouldn't be construed as investment advice.
CAD - Strong Bearish 1️⃣ The risk-off environment and further decline in crude oil prices depressed the CAD. 2️⃣ The Canadian inflation rate for July is expected to decline following the decline in the price component of the PMI IVEY. CHF - Strong Bullish 1️⃣ CHF benefited from safe-haven flows as investors sought protection due to negative...
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The price has been falling steadily lately and is currently approaching the support / resistance zone (0.7280-0.7250) I expect a slight correction in this channel and further rise to 0.73850 where the price will meet a new resistance zone.
Remember this idea? I posted it last week. See the take profits? Keep them in mind if you followed this idea. I sold this based on the principles of support and resistance trading
On the above analysis we can clearly see Price has dropped and formed a Descending Triangle. Price has moved towards the top of the Descending Triangle and a sell is very probable from the area marked above, i will be waiting for price to enter into the body of the triangle before considering a sell and provided market conditions allow us to place a sell
The main trend is downwards. A correction developed and is nearing the trend line as well as a new resistance zone. I expect the price to go higher than resistance in order to take out liquidity and touch a previous order block before continuing the downtrend. RR is 4.25
As we can see, CADCHF is moving in a descending channel on the H4, the pair failed to break the upper trend line, we expecting a bearish continuation to re-test the level listed on the chart. We taking this trade based on technical analysis and price action. Please use proper risk management depending on your account size, Use lot sizes based on these...
I Tried To Make Every Thing Self Explanatory On The Chart
CADCHF Short IDEA .. Forex Analysis Canadian Dollar / Swiss Franc Currency Pair.
Hi Trading friends! CADCHF has been pushing down the past few weeks. Last week a new lower low formed on the daily which indicates the sellers have control. Today price has closed a a bearish hammer which could stop price here and push it back down to the low at 0.71724. It's all about supply and demand baby! Let's see of the sellers want the CAD 's value to...
Going short on Cadchf, entry is 0.73000, final tp 0.71750 sl:0.73400 trade with proper risk management . dont risk more than 2% of your capital!
Sell CADCHF near 0.7325 Target potential 0.7250 This sudden upward burst will result and profit taking and bring the pair lower.
CAD/CHF Signal Market Sell: 0,72430 Stop-Loss: 0,73000 Target 1: 0,71900 Target 2: 0,71000 Stop-Loss: 57 pips Risk: 0,5% Risk-Reward: 2,5