distribution phase has been started from this point , its a good buying opportunity from these levels and you can take it from these level to a high levels as it shown in the chart the TP's and the SL , goodluck on it , although the most important point that i got a classic pattern on the chart
1.Price Formation: The price has broken out from a DIAMOND price formation on a daily chart. A further confirmation of an Inverted Cup & Handle pattern breakout. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a further confirmation of bearish sentiment. 3.200-day Moving Average is above the Price. 4.Thus, Mas 7<21<200 5.Relative...
CADCHF is making a Bearish trend as it is printing lower highs and lower lows.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 CADCHF has been stuck inside a big range between 0.65 support and 0.68 resistance. At present, CADCHF is retesting the lower bound of the range. Moreover, it is retesting the lower bound of the red channel. 🏹 Thus, the highlighted red circle is a strong area to look...
This is my trade idea on cadchf, Though I'm waiting for price to get to 0.64603 and my first to will be around 0.65999 and the final to around 0.68309
lower lows being created took sells under reactive zone.
confluences 1.8hour time frame Bullish candle near support. 2.Weekly time frame engulfing pattern. 3.price cross above 20MA of daily time frame.it seems like going to flat if price keep hold above this level. 4.market Seems like in a range level at daily time frame from 0-65-0.68 Area. Entry trigger 0.65500 Stop loss 0.64800 Exit plan 0.67250 Risk 0.5% Reason...
As you see, we have a bullish hidden divergence in RSI oscillator, so we expect that price go up!
Hello Everyone 🙋🏽♂️ 🟠 EP 0.65000 🔴 SL 0.64255 🟢 TP1 0.65770 🟢 TP2 0.66540 🟢 TP3 0.67245 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. CADCHF BULLS TO TAKE OVER! As we can see price is around a strong support zone, lining up with our previous major lows as well, Where we will be looking for new longs. Meanwhile, price is still overall bearish making clean...
Hello friends. According to the horizontal drawn channel, there is a possibility of upward reaction from the bottom of the channel. It seems that we should enter a step around here and wait for the next step at the bottom of the channel. what is your opinion? Good luck. # Let's look simply
Price has currently retraced back to an area of strong demand, I'm expecting price to form sort of rejection hence filling the liquidity areas created by the dip today before any further rally down. Risk management is paramount. Tell me what you think?
Sell cadchf now , buyers turned out to be weak completely and sellers came in strong. 2.44 R/R
We are at a daily support level entry on a previous 4hr orderblock looking to hit daily resistance
0.64667 zone had been respected from the may month for Canadian dollar vs Swiss franc and whenever the price reached near this zone we saw a great move to the upside, the recent move shown a demand and which resulted in great price push all the way up to 0.68263. I expect a potential upward move from this level, if you trade this pair do wait for the...
entry: 1-0.65000 2-0.64880 tp:0.65770(ther is possiblity to reach at 0.66000) Goodluck