Cadchfanalysis
CADCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
CADCHFCADCHF right now break the channel and retest now it's again ready for sell with proper confirmation.
CADCHF TRADE FORECASTCADCHF is trading within the range indicated by the dotted line, which delineates swing points on the Daily and Weekly timeframe. After an aggressive sell-off this week, it has retraced to the 0.69200 level and 0.705 weekly fibonacci retracement.
I think it may rise up next week to pick up liquidity, before coming back down to take out the sell stops resting below 0.69200 and beyond!
CADCHF price at trend line supportafter fake out our pair is now at support again let's wait for tomorrow close to decide our trade
CADCHF Fakeout price made the fake out here and now not looking good
price can touch 0.70200 and near of trend line support
still waiting for rejection from the upper trend line while retest.
CADCHF long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
SHIFT IN MOMENTUM ON CADCHF : BEARISH Hi Guys,
Happy Friday! We are evidently bearish on CADCHF so longs have been closed at -46pips. I'll be looking for price to retrace at least to our entry point before potentially advancing lower.
A major attribute you ought to adopt is the ability to trade what you see and not what you think. The market will speak clearly only if you are willing to listen.
Do not risk more than 2%
CADCHF BEARISHCADCHF BEARISH Please leave a follow and like if you find it useful and I will keep posting for you guys!
FURTHER BULLISH MOMENTUM ON CADCHF I previously marked up this pair stating bearish potential However, price did not meet our entry criteria instead it rallied bullish. Price is currently showing signs of further bullish movement. Before price advances higher, it has potential to retrace to our marked entry point before extending.
Entry, stop loss and take profit levels have been marked. Should price move to TP1 , you should be scale out majority of your position and move the running position's stop loss in profit.
Do not risk more than 2% on this trade.
CADCHF long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
FURTHER SELLING POTENTIAL ON CADCHF Hi Guys, hope you all had a great weekend and are well in your health.
I am looking at FX:CADCHF for a potential further push down bearish. Before price moves bearish, we may see price retrace creating a great opportunity for entry. Entry, stop loss and take profit levels have been marked.
Between take profit levels 1 and 2 , you would be looking to scale out majority of your position at level 1, move your stop loss of the remaining position into profit and let it run risk free.
Do not risk more than 2% on this trade.
CADCHF W3 MAY 2020CADCHF W3 MAY 2020
Short Setup
Daily Falling wedge, may trade after a breakout
HnS in play in smaller timeframe
CAD/CHF, simple Head and Shoulders formationWait for clear breakout and close of H4 candle below the highlighted area and then short the pair.
cadchf aggressive trade setupaggressive H&S pattern. take profit price are proximate prices. it depends where to touch trend line (tp1) and where to brake trend line (tp2-tp3)
CADCHF Trade SetupBuilding Rising Wedge
closing below the trend line is a short and taking support support at Trend line is a good long .
RSI is making retest on trend line which make this one more bearish we will see this next week for more confirmation.
have a good and safe weekend
CADCHF LOOKS NICE FOR SELLThe price reached resistance
from 0.6980, tried several times
to break, but the price failed.
We've got the left shoulder, the
head, and now the right shoulder's
formed.
CADCHF Still available to sellexpecting the resumption of another sell swing on CADCHF.
The risk is very low with potential of high profit as shown on the chart.
If this idea is useful kindly like and follow.
Thank you
CADCHF reversed from resistance, potential drop!
CADCHF reversed off its resistance at 0.69861 where it could potentially drop further to 0.68783.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
