CADCHF rejected with bullish movement after retesting broken downtrendline Pair respects uptrendline Price is based above key level at 0.6950 Above HVN at level 0.6902 Above SMA 100 MACD shows weakness in bearish momentum It's expected to target level 0.7100
CADCHF at key level, good confluence with fib level, waiting for the bounce
CADCHF after the strong impulse broke and consolidate above the weekly support at 0.70150. The market never retraced back and a retracement until the 0.382 or 0.5 can be expected If the price will break above the minor 4h structure at 0.70450we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple...
CADCHF rebounded from downtrendline with bearish movement Price broke corrective uptrendline Pair broke key level at 0.6890 Below HVN at level 0.6938 Below SMA 100 MACD shows bearish momentum It's expected to target support level at 0.6820
CADCHF is rejected with strong bullish movement at level 0.6818 after forming harmonic pattern AB = CD Price is trading in down channel Pair is based above key level at 0.6860 MACD shows bullish momentum We r waiting price to exceed next resistance level at 0.6879 and also break upper edge of down channel to open long trade It's expected to target downtrendline...
Long CADCHF @ 0.6836; TP @ 0.6973, SL your choice
CADCHF BROKE DOWN THE CHANNEL AND RETESTED IT, LET THE BEARISH TREND TAKE YOU TO 0.67500!
Price is facing bearish pressure from our resistance where we could see a further drop below this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Weekly FX Wrap: markets still hooked on Brexit saga and gripped by pandemic DXY The Dollar remains on track to post solid safe haven gains vs G10 counterparts and most EM currencies, bar the YUAN that has resumed its upward trajectory with the aid of decent Chinese data and PBoC support via an aggressive reduction in the RRR for FX Forwards and forecast for a...
CADCHF after touching the 0,382 fib level over a weekly descending trendline is starting now a new impulse. The market is moving inside an ascending channel and is below a daily resistance. IF the price will break and close above the minor structure as in the idea, we can set a nice long order according to Plancton' strategy. ––––– Follow the Shrimp 🦐 Keep in...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.6920). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.6920). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
CADCHF SELL (Market Execution) SL: 0.6947 TP:0.6863 Enter: Now Type of Trade: Swing Trade 3% or Lower of account! (You're a businessman, not a Gambler.) Hello Everyone. This Trade is part of my 2/3 pairs that I'm choosing to only trade for the remaining of the year. On the weekly/Daily, this screams bearish. On the 4hr time frame, we see where it broke...
CADCHF is in downtrend after breaking up-channel pattern Strong bearish wave (a) ended at level 0.6860 then corrective bullish wave (b) rejected with strong bearish movement at level 0.6948 Price is based below resistance level at 0.6918 Based below HVN at level 0.6905 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum RSI...