Sentiment on CADCHF is still 74% long according to Pepperstone ctrader sentiment indicators located under the buy and sell buttons of each symbol on your watchlist. Yesterday when I checked it was 97% ! Then I trade this one short. Also knowing that CAD will likely drop because of the triangle crash as I like to call it of USD, JPY & CAD. Somehow, every year,...
IMPORTANT Use position size calculator, do not risk more than 1%
Hi check this out, the pair setting up for a BAT pattern. what do you think? please leave your comments. Thanks!
Hi check this out, CAD/CHF has formed a BAT pattern and time to go down .
Use position size calculator DO NOT RISK more than 1% SL: 0.73400 TP: 0.69800
CADCHF sell signals 1) bearish candlestick signal 2) bearish candlestick signal on 0/5 fibonacci level 3) price is in correction 4)market is downtrend 5) hit 100 SMA and get back from it and made long wick -------------------------------------------------------------------------------- entry:0.7531 tp:0.74184 sl:0.75978
CADCHF is approaching its resistance at 0.7291(61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 0.7221 (61.8% fibonacci extension ). RSI (89, 5, 3) is approaching its resistance where a corresponding reversal may occur.
CADCHF is approaching its resistance at 0.7472 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially to reverse down to its support at 0.7416 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
CADCHF is approaching its resistance at 0.7474 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.7416 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
CADCHF is approaching its resistance at 0.7457 (100% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal swing high resistance) where it could potentially drop to its support at 0.7375 (61.8% Fibonacci extension, 76.8% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding drop could occur.
Retesting upper wedge border, then possibly continuing downward.
- Momentum studies highly bearish - Extends weakness below 200W SMA - MACD and DMI support further weakness Support levels - 0.7355 (trendline), 0.7315 (Sept 6 low) Resistance levels - 0.74, 0.7416 (5-DMA), 0.75 (21-EMA) Good to short upticks, SL: 0.7420, TP: 0.7355/ 0.7315
CADCHF is approaching its support at 0.7369 ( horizontal swing low support, 100% Fibonacci extension, long term descending support line) where it could potentially bounce to its resistance at 0.7471 (Horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34, 5, 3) is approaching its support at 2.8% where a corresponding...
CADCHF is approaching our first support at 0.7361 (horizontal swing low support, 100% Fibonacci extension, long term descending support line) where a strong bounce might occur pushing price up to our major resistance at 0.7471 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance...