CAD/CHF SELL LIMIT & 1 Market Execution ENTRY 1 .75890 ENTRY 2 .76080 Sl .76279 Tp.1 .75660 Tp.2 .75240 Tp.3 .72840
Risk-taker can go for short aftermarket opens
In the daily chart, we can see that the CADCHF has been consolidating after breaking the support trend line earlier this month. It is now testing the support-turn-resistance trend line again after a 160-pip rally from 0.7266. This provides a good opportunity to sell on a pullback.
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
GARTLY FORM ON CADCHF H4 .... 0.74083... TP... 0.75700
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.
Dear traders, So as you can see we expect CADCHF to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also moving to strong supply zone that’s been filled right now. It will be much clear on the 4h chart, you can see we are creating now a nice “M formation”. We...
CADCHF approached to resistance line.
We continue to follow the upward trend and recommend buying! We are above average moving 200, We are over Ichimoku cloud, the red line above the blue All of these figures point to a continuing trend of price increases Entry Price: 0.7490 (Waiting for a small price correction) Stop Loss: 0.7440 take Profit: 0.7595
IMPORTANT Use position size calculator, do not risk more than 1%
cadchf is most likely to go down because of the strong resistance above.