I've been a fan of this project for some time... buying at under $0.01 over a year back! They've created a good #yield revenue for their customers and are very transparent and open to the public about their direction
Looks like a clean step-like, parabolic curve for me. I'm hoping for another good move up into the $3.60 to $4.20 range where I'll be unloading some...
EUR-CHF broke out of the falling resistance first
And now we see a conclusive breakout from a triangle pattern
Now, the pair is clearly bullish long term
And I will be swing long on it if the pair gives any good entry points
Especially if the support is retested!
The next closest target is the nearest...
I am so glad to be back posting after more then a year. My technical's are bleeding that its oversold but due to the fundamental for the Aussie being so poor keep a tight look on this but from what I can see its a great R:R. The technical side looks great. We haven't seen AUD/CHF at this level since 2016 so hopefully that level will be supported and expect a rally...
If you see this Monthly chart, it's obvious that my main bias will be Short for this one.
You don't want to buy at Monthly highs or a zone full of Sell orders waiting to get filled in.
We have rejected the Monthly S&D zone and we have completed the Monthly -27 Fib.
These are indications for a Short set-up.
Is it possible to break this zone to the upside? Yes of...
cadjpy has broken past the previous high 84,372 on the weekly and has been strong for a couple of weeks i will be waiting for weakness on the H4 mainly break of structure to the downside and then sell at resistance all the way down to the break of the trendline
As discussed on last nights FX Market scan in Market Mentor:
After a big move out of the BoE interest rate decision GBPCHF looks to be continuing the uptrend.
See you on the next call next Monday at 5 pm AEST time
DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes...
I have identified a buy opportunity on the CAF/CHf currency pair. Spotted on the daily chart is a pattern indicating an aggressive bullish wave on the horizon.
- BUY opportunity identified on CAD/CHF valid through 2/10/2021
In light of the tragedy facing the international monetary policy, people who understand debasement know that it was the fall of many empires. From the Romans to the Middle Age Bankers. Bankers overpromise and underdeliver. In all the countries on earth Switzerland and China are the two currency likely to do well as the US loses its dominance by over-borrowing off...
With so many people now Long DXY, it's going to keep collecting liquidity for the sharp rise. It's now all about timing, Asset Managers and Leveraged funds are still short. Let's see what COT data shows tonight.
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience...