cadchf long/buy - Perfect time to jump inplease see the chart for the long on FX:CADCHF
see my other cad chf analysis also.
thanks
Cad-chf
GBPJPY appears overboughtThe Tidal Shift Strategy has just bought EURUSD at 1.1638. The system recommends entering this trade at any price between 1.16215 and 1.16545. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.68557, which suggests that the EURUSD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00132, so the stop loss has been set at 1.15719. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 58823
Time Issued: Thursday, 13 September 2018 20:00:16 GMT
Status: open
Entry: 146.444 - 147.096
Limit: N/A
Stop Loss: 148.076
EURUSD bullish momentum intact, 1.1470 still important!The EURUSD short term wave structure is getting quite clear as each trading session passes. The pair has inched higher and hit 1.1700 levels yesterday before slight pullback. Going forward, bulls could be expected to remain in control and a safe trading strategy could be to buy on dips. We just want to highlight the alternate wave count/structure, if Wave B is unfolding as a more complex correction. In the latter scenario, prices are expected to stay below 1.1733 levels (standard flat); and could drop lower again towards 1.1526 levels at least. Overall, EURUSD remains a strong candidate to hold/add long positions.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
AUDUSD breaches 0.7200 levels.The AUDUSD took off resistance yesterday and printed highs at 0.7229 levels before pulling back lower. The structure is looking constructive for bulls to accelerate from here and could be possible that a meaningful low is in place at 0.7098 levels. Looking at the wave counts as well, probably an impulse is now looking complete from 0.8130 levels to 0.7098 respectively. If this structure holds well, AUDUSD should be well poised to produce a 3 wave corrective rally towards 0.7500/0.7600 levels going forward. A safe trading strategy could be to hold/add further on the long side from here on.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
AUDJPY Reversed Off Resistance, Potential For Further DropAUDJPY reversed off its resistance at 80.65 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 79.77(61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur.
NZDJPY Approaching Resistance, Prepare For A ReversalSell below 74.11.
Stop loss 74.50.
Take profit at 73.19.
Reason for the trading strategy (technically):
NZDJPY is approaching its resistance at 74.11 (61.8% Fibonacci extensionx2, 61.8%, 38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 73.19 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
AUDJPY Reversed Off Resistance, Prepare For Further DropSell below 80.65.
Stop loss at 81.12.
Take profit at 79.77.
Reason for the trading strategy (technically):
AUDJPY reversed off its resistance at 80.65 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 79.77(61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
GBPAUD Approaching Resistance, Prepare For A ReversalSell below 1.8256.
Stop loss 1.8320.
Take profit at 1.8172.
Reason for the trading strategy (technically):
GBPAUD is approaching its resistance at 1.8256 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.8172 (61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
CADCHF Testing Resistance, Potential For ReversalCADCHF is testing its resistance at 0.7410(100% & 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7320(horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
CADCHF Testing Resistance, Prepare For ReversalSell below 0.7410.
Stop loss at 0.7477.
Take profit at 0.7320.
Reason for the trading strategy (technically):
CADCHF is testing its resistance at 0.7410(100% & 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7320(horizontal swing low support) is expected.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop is expected.
CADCHF approaching resistance, potential drop! CADCHF is approaching our first resistance at 0.7401 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7251 (horizontal swing low support).
Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF Testing Support, Potential For A BounceCADCHF is approaching its support at 0.7394 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where price could bounce up to its resistance at 0.7484 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is testing its support at 2.6% where a corresponding bounce could occur.
CADCHF Testing Support, Prepare For A BounceBuy above 0.7394.
Stop loss at 0.7338.
Take profit at 0.7484.
Reason for the trading strategy (technically):
CADCHF is approaching its support at 0.7394 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 0.7484 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is testing its support at 2.6% where a corresponding bounce is expected.
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7409 (horizontal overlap support, 100%, 161.8% Fibonacci extension) and a strong bounce might occur pushing price up to our major resistance at 0.7501 (61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and a bounce off this level 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 4 Hour AnalysisCADCHF Analysis, watch for the breakout.
No trade is to be assumed until a successful breakout of the support zone.
Details on the chart.
Happy Trading!
CAD/CHF I'm shortI posted this before. I believe the correction to be completed and looking to take it down. You see the 1.618 level. the 1.236 extension, which is usually what this 7 swing hits, lines up with the 78% fib, so I would let some run to there, and then look for a long opportunity, which will be much more pips.... Those MA's are the 200 and 800 that it is below, as long as it stays below them, I will hold. I will even allow it to hit trend line before giving up on it, but I think it's ready.
CADCHF Approaching Support, Prepare For A BounceCADCHF is approaching its support at 0.7544 (61.8% & 100%Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7592 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
CADCHF Approaching Support, Prepare For A BounceBuy above 0.7544
Stop loss at 0.7521.
Take profit at 0.7592.
Reason for the trading strategy (technically):
CADCHF is approaching its support at 0.7544 (61.8% & 100%Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7592 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
CAD-CHFA bearish signal on CAD-CHF Daily chart. Target at 0.74300 and stop loss at 0.76400/0.76450. A pullback on the blue trendline is possible.
CADCHF Reversed Off Resistance, Prepare For Further Drop!Sell below 0.7625.
Stop loss at 0.7647.
Take profit at 0.7583.
Reason for the trading strategy (technically):
CADCHF reversed off its resistance at 0.7625 (61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7583 (61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
CAD CHF / H4 / Technical Analysismarket has reached a strong resistance area ...
we have different confirmations here to go short
H & S pattern
trendline broken
4H engulfing bearish candle
CADCHF Approaching Support, Potential For A Bounce!CADCHF is approaching its support at 0.7533 (61.8% Fibonacci extension x2, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7583 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
