CADCHF SELL - DAY TRADING PRICE: 0.69725 TP1: 0.69587 TP2: 0.69523 TP3: 0.69368 SL 0.70039
Price has made and Eve and Adam double top and is on his way to breaking the neck of double top so we will be waiting for a slide retest and move to a lower time frame before taking a short
CAD is pulling back this week with Oil uncertainty , call it a shooting star call it a dark cloud call it what you want we call it short
Hello everyone, A good opportunity has been detected on the CAD/CHF pair. After strong upward movement on the CAD/CHF, the price is currently correcting to the downside. We are expecting the price to reach approximately the 0.6940 price level, where we have 2 Fibonacci retracement levels, the lower bound of the Bollinger Bands, as well as the upcoming 100...
hey traders, lucky are those who were trading the market opening today. it was just a brilliant short opportunity on CADCHF pair. the price has respected the daily horizontal structure resistance and a resistance line of a major channel, formed dodji on 4H and now going down. now bearish continuation to the support of the channel will be highly probable.
As it could be seen, the pair has failed twice ahead of the psychological level 0.7000. This implies the tendency of the pair to decline. If this idea was useful for you please support us with your comments and likes. Thanks.
price currently at the resistance of this ascending channel here. We could see some bears stepping innow to push price lower and continue the channel.Waiting on a clear rejection of the resistance before going short
T:4 PE: hasta nivel 0,5 de Fibo. A favor de la tendencia alcista.
Channel resistance may return price to the previous channel support level.