cadchf is approaching our first support at 0.7516 (horizontal overlap support, 61.8% & 50 % Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 0.7579 (61.8% Fibonacci extension, horizontal overlap resistance, 50% Fibonacci retracement ). Stochastic (55, 5, 3) is approaching its support where a...
The pair has broke the trend line on the 4 hour chart, so we are targeting the green and blue zones as our take profits. OANDA:CADCHF
CADCHF is approaching its support at 0.7543 (38.2% Fibonacci retracement, Horizontal swing low support) where it could potentially bounce to its resistance at 0.7574(50% fibonacci retracement). Stochastic (89, 5, 3) is approaching its support at 9.1% where a corresponding bounce could occur.
CADCHF is approaching our first resistance at 0.7582 (76.4% Fibonacci retracement , 100% Fibonacci extension , horizontal overlap resistance) where we might see a drop in price to our first support at 0.7545 (61.8% Fibonacci retracement ,61.8% Fibonacci extension ). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price...
This trade has been setting up for the past few weeks and it is time to look for entries. Here is my previous analysis:
Waiting for price to reach upper channel resistance to short
CADCHF reversed off its resistance at 0.7587 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7524(50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) reversed off its resistance where a corresponding drop is expected.
CADCHF is approaching our first resistance at 0.7587 (76.4% Fibonacci retracement , 100% Fibonacci extension , horizontal swing high resistance) where we might see a drop in price to our first support at 0.7441 (38.2% Fibonacci retracement , horizontal swing low support, 61.8% Fibonacci extension ). Stochastic (55,5,3) is also approaching resistance and we might...
Short CADCHF @ 0.7568; TP @ 0.7417, SL your choice
WELCOME TO DACAPITAL-TRADING! CADCHF FOREX BREAKDOWN 28 JANUARY 2018 1 HOUR Strong bearish drop without any support. 4 HOUR Price melted and need to push back up! DAILY Overall bullish waving market we need another wave to the upside! LEVELS BUY CADCHF ENTRY @ 0.74650 SL @ 0.74360 (25 Pips) TP @ 0.75040 (40 Pips) RR: 1.40, use normal risk! IF YOU...
CADCHF is approaching its support at 0.7441 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7515 (horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 5.2% where a corresponding bounce could occur.
7520/40 as possible intraday supply, 7440 as first possible target
Whats up everyone?! Today it looks like we have a inverse head and shoulders forming on CAD/CHF on the daily chart. Seems like we are getting some resistance at the .256 fib extension level if that holds be looking for a strong bullish candle closing before entering long. However what I'm looking for is a further drop the bottom shoulder area. (I've got a sell...
Hey followers and other TradingView users! Prepare to sell CADCHF on the light-blue area, the criteria: 1. The trend is your friend and You have to search sell opportunities because the latest trend is downwards. 2. The round number should act as resistance at 0.75000 3. Perfect Fibonacci retracement level 62% 4. Weekly trendline retest area after the confirmed...
There is a high quality supply zone setup on the CAD/CHF pair on the 4-hour time frame. If you break it down to the 1-hour and you like RSI , there is some strong bearish divergence as well. Looking for a nice drop to the .740 area.
CADCHF is approaching our first resistance at 0.7589 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7473 (horizontal overlap support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and seeing a...
This pair is bearish on both the Monthly and Daily time frames. price is currently compressing below the Daily Senkou A (bottom of the Cloud) this is a very strong resistance level and great place for a small stop loss entry with a profit target of .7066 which is the Daily 1.27 fib extension. first we need the pair to compress slightly below the Senkou A for at...