SWISS FRANC / CANADIAN DOLLAR

Strong bear legs with strong bear volume

BUY

Short CHF/CAD @1.3759 TP 1.3426; SL 1.4259

buy

Targets are on the chart..

https://www.tradingview.com/x/1hywsMv3/

Seems pretty good

chfcad sell

The breakout from 2016 has made Canadian Dollar strong and the sideways action seem to have ended now as the currency has resumed its strength. The currency when it holds a pullback to the blue zone or remains above December 2016 lows maintains a bullish tone for Canadian Dollar. I will continually update the chart as 2017 progresses.

long

We have a nice setup in this pair (which you can trade shorting CADCHF as well). CHFCAD is at the bottom of the trading range here and is likely to return to the yearly moving average above. I'll be entering longs, after today's daily close, if we break the daily high. Stop loss has to be under today's low plus 1 tick to be safe. Risk 0.5-1% on this position and ...

Podemos entrar largo si rebota en la linea de tendencia luego romper la resistencia. Y entrar en corto si rompe los dos soportes.

Im pointing for the 50% FIb again. We have a Breakout in the Downtrend Line for the first Time since Oct. 22. Lets see ive we can Hit this @ 1.3390 (TP1 in Chart). If that happens with much strength, i see potential to reach 1.3530 but like you see it on the Chart... CAUTION, cause at the end we are still in a working downtrend! After the Breakout we touched ~1.33 ...

Weekly and daily paint a bearish picture for the Swiss franc overall. It's interesting to see how well time at mode has mapped the different moves, timing or predicting price and time levels. Next week after the close a weekly uptrend signal will have expired, but the interesting part is that the target has been exceeded and an interesting high might have been ...