Cad-chf
CADCHF Price is in a Parallel channel will it continue? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
CADCHF LONG TRADECADCHF is forming bullish reversal pattern "inverted head and shoulder" after sharp correction
Price is supported above SMA 100
Price is based above HVN at level 0.6782 which indicates that pair is in accumulation phase
MACD shows bullish momentum
It's expected for coming strong bullish wave to target supply zone near level 0.7250
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.6940
TP2= @ 0.7123
TP3= @ 0.7265
SL= Break below S2
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6940
TP2= @ 0.7123
TP3= @ 0.7265
SL= Break below S2
CADCHF LONG TRADECADCHF broke congestion triangle
Price is supported above SMA 100 on H1 frame
Pair is based above HVN at level 0.6808 which indicates that pair is in accumulation phase
MACD shows start of bullish momentum
RSI is above level 50
It's expected for coming bullish wave to target key level at 0.7165
CAD/CHF LONGHello,
Today I have this idea for you.
In my opinion, this pair it can add some profit today.
On daily time frame, the price tested that area for the fourth time.
Every time the price was rejected.
Also In that area we have an important fibbonaci level so we have some informations to build that trade.
I'm keeping this trade for several days, so I will add an second option for those who just want to close by the final of the day.
Entry it can be made at 0.72500 - 0.72600
After that we have the Stop Loss 0.72400.
TAKE PROFIT for LONG TERM @ 0.73758
TAKE PROFIT for SHORT TERM @ 72890
Thank you for your time.
Have a nice day !
CADCHF - FOREX - 24. FEB. 2020Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
bearish reaction towards previous support zone
4 HOUR
Great long entries and risk management in this position
DAILY
Looking for another push to the upside.
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FOREX SETUP
BUY CADCHF
ENTRY LEVEL @ 0.73770
SL @ 0.73490
TP @ 0.74350
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN