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!!!!!!!!!!!
first off we have hit the 4 hour trendline support next we have hit the bottom of the ichi cloud support on the 15 minute time frame its time to long on these support to get a huge right shoulder with massive profit potential
CADCHF 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
CADCHF is at a support zone and the 38.2% fib lvl and im going long...….tights sl. im expecting a rise to the recent high.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Trading 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....
Trading 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....
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
CADCHF 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
Bullish divergence on the 1hr and 4hr chart, both with MACD and Falling wedge. We need to get above marked level in order to look for that higher .72580 level.
FX:CADCHF OANDA:CADCHF FOREXCOM:CADCHF
FX:CADCHF OANDA:CADCHF FOREXCOM:CADCHF
CADCHF buy stop 0.74353 SL 0.72919 TP 0.77220 R= 143.4 pips Si el precio llega a 0.75788, mover SL a 0.74638
ENTRY: 0.72800+- TP: 0.72500 TP2: 0.72300 SL: 0.73030 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!