Wait for conformation on shorter timeframe, possible that it could ride more downwards
Hello good people. CADCHF had made new breakout. I am expecting the price will go down with a small pullback towards the box @ zone. As you can see, the price already inside the box, which I preparing to short. Good luck! Happy green pips everyone. Regards. AK
CADCHF is approaching its resistance at 0.7618 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 0.7584 (61.8% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
We are predicting the Bat Pattern to complete as long as the red resistance zone is not broken. Our strategy is to trade the 4th leg of the pattern, but a break of the red zone will make the pattern invalid, therefore we will close our position. OANDA:CADCHF
CADCHF is approaching its resistance at 0.7617 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing high resistance) where it may reverse down to its support at 0.7582 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal...
Nach der starken Aufwärtsbewegung hat der Markt auf die Resistance-Zone reagiert.
Hey followers and other TradingView users! Two strong trendlines make a crossing area and several rejections from there! Stops above the round number 0.76000 Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not a recommendation to buy or sell. It is to be used...
If we have a look at the daily timeframe chart of CADCHF we can see that resistance level 0.76176 has been rejected twice forming potentially a double top reversal. However, this downward price move is supported against by a strong trendline as shown above. With Tenkan Sen and Kijun Sen showing very little directional momentum and we are likely to see some...
We closed our previous positions on this pair in profit. Our current strategy is to short the pair again on the red zone with stop in place above the blue zone and take profit on the green support zone. FX:CADCHF
CADCHF is approaching our first support level at 0.7541 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7569 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where...
CADCHF short double top aggressive entry
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As part of UJ Seasonality CADCHF is potentially going to drop approximately 300 pips. I predict it will be at least 80 pips to 0.752 if not 400 pips to 0.72
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...
SHORT POSITION: Price has already broke and retested the upwards trend channel, resistance and 0.382 Fib retracement level Waiting for entries on this pair depending on market open on the {11/02.19} I will enter straight away but if market gaps up I will wait for a second retest at the resistance level and 0.382 Fibonacci Retracement Level before going SHORT.
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...
ENTRY: 0.75909 SL: 0.76011 TP: 0.74850 Entered this trade off of a market execution. This is one of my friend and mentor's favorite pairs. on the 4H time frame I boxed out the consolidation zone. I waited for a break out of that box and the retest off of the Kijun. Other signals: - Break out of Kumo - Dark Future - TK Crossover Let's see what happens!!