- I do consider this Bat as a correction pattern so the price can go back to the downtrend, we don't have to bother ourselves about other things because this's a simple edge but with significant structures, the Downtrend crossing the PRZ and the Bat pattern in itself. - Okay, let's go to the rules that are also simple: 1. Harmonic Pattern Completion - 65%...
Pair: FX:CADCHF Bias: Long Price broke through previous highs and is now coming back to retest, waiting for nice rejection to validate long opportunity
Price action continues to be trading with a rising channel spotted in D1. Then, in H4, an expected pullback to the trendline in confluence with Fibonacci level 61.8 for a long entry will be placed. The diminished bullish momentum in MACD could support this pullback. A buy-limit entry for a bounce strategy from the trendline+Fib level, give enough room for the...
Evening Traders, Today’s analysis – CADCHF –broke local resistance from oversold conditions; next technical target is at structural resistance. Points to consider, - S/R Flip retest - Structural resistance (trade location) - RSI above 50 - Stochastics in an rising wedge CADCHF needs to put in an S/R flip retest to validate support, this retest will allow...
CADCHF: Short term sell setup Please don't forget to FOLLOW , LIKE and COMMENT ...If you like my analysis:) Thank you and Good Luck!
Hello👋, here is my analysis for CADCHF. Let me know in the comments if you guys have any questions. If you like my analysis please hit like. Thanks.
Long term sell to hit TP2 and TP3 but should be hitting TP1 relatively soon. Based off of retracement patterns.
50% for all predicting. - Risk: 1%. - Risk/reward: moving stop loss. - Data backtest: Dafault from Tradingview. - Good luck.
WE had a nice daily closure. The price made a complete nice Evening Star candlestick pattern affter this fake breakout. We have this wedge pattern channel that must be completed, the only wall here is this support zone.
give me your thoughts on this please and thank u take care and be safe
hello guys here is my idea of cad/chf is running 🏃♀️ huge down train almost 80 pips left you can check by your self plz note that this is my idea soo lets see how the market reacts 📊 hit like if u liked the idea