Hello Traders CAD/CHF has reached a Strong Resistance that had touched it multiply times before. RSI and price trendlines both has been broken so we just need a confirmation to make a short position. Thanks for Reading Team Fortuna -RC
CADCHF is consolidating in a bullish channel . We spot a potential entry at 0.74778 in line with 23.6% and 61.8% Fibonacci retracement towards our Take Profit at 100% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website...
CADCHF is consolidating in a bullish channel. We spot a potential entry at 0.74778 in line with 23.6% and 61.8% Fibonacci retracement towards our Take Profit at 100% Fibonacci extension. Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are...
Price is seen to be in between the descending trendline resistance and ascending trendline support, potentiall forming a triangle pattern . We can expect price to drop from the pivot level in line with the 88% Fibonacci retracement towards the take profit level in line with 50% Fibonacci retracement and 100% Fibonacci projection . Our short-term bearish bias is...
Price is seen to be in between the descending trendline resistance and ascending trendline support, potentiall forming a triangle pattern. We can expect price to drop from the pivot level in line with the 88% Fibonacci retracement towards the take profit level in line with 50% Fibonacci retracement and 100% Fibonacci projection. Our short-term bearish bias is...
Price is at the descending trendline resistance, hence, we can expect price to drop from the pivot level in line with the 127.2% Fibonacci Projection and push all the way down to the take profit level in line with the ascending trendline support, 50% Fibonacci retracement and 100% Fibonacci Projection . Our short-term bearish bias is further supported by the...
Price is at the descending trendline resistance, hence, we can expect price to drop from the pivot level in line with the 127.2% Fibonacci Projection and push all the way down to the take profit level in line with the ascending trendline support, 50% Fibonacci retracement and 100% Fibonacci Projection . Our short-term bearish bias is further supported by the...
Price is reacting in a potential triangle formation and price is approaching the descending trendline resistance. We can expect price to drop from the pivot level in line descending trendline resistance and 127.2% Fibonacci retracement towards the take profit level in line with 100% Fibonacci projection and 50% Fibonacci retracement . Oour short-term bearish bias...
CAD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BoC At their September meeting the BoC delivered on market expectations by not providing any new information. The bank acknowledged the recent hit to growth has been bigger than expected, but also explained that they deem the hit to be temporary and still expect solid growth this year. They...
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Hello traders, today we have ourselves a lovely CADCHF short. Entry was identified in my channel as a risk entry which gave me a perfect entry, however we are waiting for a break of the structure to confirm the downward spiral. This trade is based off weak CAD and strong CHF Please like and comment your thoughts for more setups like this!
H1 time frame. Structure: Uptrend. The price moves in an ascending channel with a wide range. There is now a divergence signal and the key level is at 0.73000. Wait for the confirmation of the downtrend and the appearance of a sell signal, then you can sell with CADCHF. The profit target is the support line of the price channel, price zone...
CAD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BoC At their September meeting the BoC delivered on market expectations by not providing any new information. The bank acknowledged the recent hit to growth has been bigger than expected, but also explained that they deem the hit to be temporary and still expect solid growth this year. They...
Bearish ⬇️ Double top sell , Easy trade, watch as the bullish pressure releases and we start to head back down to major support
CAD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BoC At their September meeting the BoC delivered on market expectations by not providing any new information. The bank acknowledged the recent hit to growth has been bigger than expected, but also explained that they deem the hit to be temporary and still expect solid growth this year. They...
CAD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BoC At their September meeting the BoC delivered on market expectations by not providing any new information. The bank acknowledged the recent hit to growth has been bigger than expected, but also explained that they deem the hit to be temporary and still expect solid growth this year. They...
H4 time frame. Structure: Downtrend. Price formed a reversal pattern and broke the Key level at 0.72300. Wait for a sell signal and the profit target is the 0.71000 price area. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
CAD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BoC At their September meeting the BoC delivered on market expectations by not providing any new information. The bank acknowledged the recent hit to growth has been bigger than expected, but also explained that they deem the hit to be temporary and still expect solid growth this year. They...