CADCHF is going lower, structures are being broken and the main trend is bearish. DISCLAIMER: This is not a financial advice
BB Band move closer to the average. Go long when MACD crosses its signal line from below.
Leading indicators and shall be used with other indicators to qualify or disqualify trades. Why I'm using these two fibs in this analysis..? 1) FIbs Retracement - where to enter the market at discounted price. 2) Fibs Extension - where to exit the market at the highest probability prior to reversal. What we can see from this chart? - price actions in...
Please combines several forms of technical analysis to determine the right edge and potential points for entering and exiting trades, as well as controlling risk. Good luck !!
FSRF will indicate the following; - price level of potential trend correction rise or fall - combination of trendline and % retracement - measure the trend speed - also can be viewed as support and resistance lines. Significant uptrend line for the energy sector. Hope price to stays above the higher speed line to keep the momentum.
Technical retracement will be happened next week. Bearish divergence can be seen from the daily graph. Two possible points of entry @ 2.38 and 2.25.
If manage to break above 0.315 and close above it, will likely continue to break-out above 0.350. Volume looks good on last Friday pushing to break the volume (14). But watch-out for the hidden divergence of possible downtrend.
All Time Low = 0.405 Now almost at 100% discounted price in monthly chart. Please use lower TF to identify the correct entry at the right edge.
Still awaiting for breakout confirmation on the MACD indicator in daily chart. Get ready to ride the trend!
Bullish candle pattern Marking up the price action and ready to rally. P/s - Please look at other relevant factor before entry.
Heavy accumulation of IGRD since 6 October. Just a matter of time to break-out the resistance level and fly with high volume.
I think the accumulation phase is over, and it is a time to start the engine. Mark-up phase will kick in and the price will start to move higher
Waiting for the next candle to reversal and flip back into the UTL. Breakout confirmation candle to trigger the long entry.