CADCHF IS LOOKING GOOD AT THE MOMENT. I AM NOW EXPECTING THIS TO GO UP -> IT HIT OUR PREVIOUS TARGET OF 0.75664 AND THEN TO MOVE EVEN HIGHER. ITS MAKING THE NEEDED CORRECTION NOW. BE READY TO JUMP IN AGAIN. SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
another entry for you guys
There are two targets of this pattern. Stop loss can move to entry price when price reach the target 1. Important numbers mentioned in below; Target 1: 0.75188 Target 2: 0.75013 Long Entry Price: 0.75477 Stop Loss: 0.75753
CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement ) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension , 61.8% fibonacci retracement ). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in...
CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension, 61.8% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in...
CADCHF Trading Bias: Short Technical Strategy: Flag *Wait for price to break out of the support line*
Note -CADCHF showing signs of strong intraday rejection of higher price (long daily wick) by forming 2 reversal candles (Pinbar/Spinning top/Indecision) AT RESISTANCE -CADHF showing bearish divergence on 4H time frames Entry -Keep enough distance below the low of the reversal daily candles to confirm a transition of power from bulls to bears Stop -Above...
WELCOME TO DACAPITAL-TRADING! CADCHF FOREX BREAKDOWN 23 NOVEMBER 2018 1 HOUR Strong bullish reaction to 1.74750 Support level 4 HOUR Bullish 50% Pullback of previous H4 Wave DAILY Strong bearish reaction to 0.77000 following this move after this H4 Pullback! LEVELS (Please split your Position to 3 small ones for perfect entrys!) SELL CADCHF 1ST @...
CADCHF IS LOOKING GOOD AT THE MOMENT. I AM NOW EXPECTING THIS TO GO UP -> IT HIT OUR PREVIOUS TARGET OF 0.75664. ITS MAKING THE NEEDED CORRECTION NOW. BE READY TO JUMP IN AGAIN. SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADCHF IS LOOKING GOOD AT THE MOMENT. AFTER ALL THE CONSOLIDATION WE HAVE FINALLY ARRIVED HERE. I AM WAITING SOR A SLAG AND WE SHOULD BE READY FOR ANOTHER BUY ON THIS ONE. SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
CADCHF IS REVERSING IN A CHANEL HERE. I AM NOW EXPECTING THIS TO GO UP -> HIT RESISTANCE AND COME BACK DOWN TO FIND SUPPORT AROUND 075664 OR FURTHER DOWN BELOW SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
4H Swing target 0.7400 -Break of triangle -Potential ma crossover -Bearish outside candle formed below 200 ema -tendency downwards
price leave the chopping zone (GAP as a strong level)
cadchf is most likely to go down because of the strong resistance above.
1. Good RR 2. Multiple rejection from the 0.618 level. 3. Price actions shows lower lows and lower highs. 4. Volume on pullbacks is decreasing.