CADCHF approaching resistance, potential drop! CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7502 (50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Cad-chf
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7451 (horizontal overlap support, 61.8%, Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 0.7535 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CAD/CHF Long Hi All ,
My Bias on this pair is still long , Last week i profited from the range , on my long positions . as you can see the oil price of last week friday has taken is toll on all xxxcad pairs , this coming week i see positive movement from cadchf . As you can see we are still on a uptrend move , & this point is i think is a great opportunity to open buy targeting the break of the rectangle box range to the upside , I have a wider SL , to let the trade /price consolidate properly .
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Cad/CHF Long Hi All ,
I'm Entering a long position on this pair , as trend is still bullish . TP1 should be around the mini resistance .
Price is inside the bullish rectangle.
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CADCHF - WEEKLY SWING - 26. FEB. 2019WELCOME TO DACAPITAL-TRADING!
CADCHF FOREX BREAKDOWN 26 FEBRUARY 2019
1 HOUR
Bearish movement into our long entry!
4 HOUR
Overall sideways moving market right now with strong pushes!
DAILY
Bearish market needs a pullback to the upside now!
LEVELS
BUY CADCHF
ENTRY @ 0.75760
SL @ 0.75500 (25 Pips)
TP @ 0.76060 (30 Pips)
RR: 1.15, use normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CADCHF Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7618 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 0.7584 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
AUDUSD Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7617 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing high resistance) where it may reverse down to its support at 0.7582 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
CADCHF Reversed Off Resistance, Prepare For Further Drop CADCHF reversed off its resistance at 0.7638 (100% Fibonacci extension ,61.8% Fibonacci retracement , horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 0.7516(50% Fibonacci retracement , horizontal overlap support, 100% Fibonacci extension ).
Stochastic (55,5,3) is also reversing off its resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF possible trend continuation CADCHF recently created a new Lower High on the major down trend that is happening. If the pair breaks the support where the price is floating, we should see the last Elliot wave that could potentially give us nearly 500 pips. The weekly chart shows this idea clearly.
We just need to wait for the weekly Stochastics to cross each other and we are good to go.
CADCHF approaching support, potential bounce! CADCHF is approaching our first support level at 0.7541 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7569 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
cadchf short opportunity as you can see i've marked the point where the resistence rejected the price , about that the price is getting to the 61.8 level of fibo that is on the same level of the resistence , so let's follow the trend opening this sell position , if the price break the resistence we will sell again on the major trendline area ( the higher one )
let me know what you think about this trade , cheers .