CADCHF BUYPRICE RECENTLY BOUNCED OFF THE SHORT-MID TERM TREND LINE AND ALSO DESCENDING CHANNEL BROKEN AND RETESTED......HENCE A POSSIBLE CONTINUATION TO THE UPSIDE
Cadchfanalysis
CADCHF trade setupI'm going long on this one with my SL @ 0.73383 and my TP1 and TP2 @ 0.75259 and 0.76146 respectively
CADCHF reversed from resistance, potential drop!
CADCHF reversed off its resistance at 0.74828 where it could potentially drop further to 0.74364.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF reversed from resistance, potential drop!
CADCHF reversed off its resistance at 0.74444 where it could potentially drop further to 0.74218.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF bounced from support, potential for a further rise!
CADCHF bounced off 0.74063 where it could potentially rise further to 0.74535.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
REMINDER | FOLLOW UP SPECULATION ON CADCHF | LONG TERM TRADESee chart for illustration.
This is a follow up from earlier publication (see link below) as SHORT tendency keeps building up!
Lower time frame speculation shall come up soon as price action is been monitored
CADCHF potential reversal!
CADCHF expected to rise up to 1st resistance at 0.74374 where it could potentially react off and drop down to 1st support at 0.73017.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF potential reversal!
CADCHF expected to rise up to 1st resistance at 0.74374 where it could potentially react off and drop down to 1st support at 0.73017.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF(WEEKLY FORECAST): SHORT RUN IS SUSPECTED!0.79500/0.78700 zone - Major resistance respected since the impulsive move in January 2015 and since May 2018, the price has been going below this resistance.
This indicates that demand is dropping.
There will be publications in lower time frames soon as the reaction of price is been monitored.
CADCHF Daily Time frame Channel PatternCADCHF in Daily Time frame Following Channel Pattern
We can also see there Uptrend line which has broken
Channel patterns. Channel patterns are types of sedimentary deposits formed by streams and rivers. Collectively, they are called fluvial deposits. Their shape and sediment characteristics are easily identified and enormously complex.
Sale: 0.75512
Target : 0.75102
Target : 0.74814
Target : 0.74339
Target : 0.73965
Target : 0.73533
Stop loss: 0.76355
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan
CADCHF reversed from resistance, potential drop!CADCHF reversed off its resistance at 0.73955 where it could potentially drop further to 0.73434.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BULLS FOR CADCHF Price pulled back and respected support before the start of the most recent bullish move. Price has potential to move to our target to complete the bullish move.
CADCHF bounced from support, potential for a further rise!
CADCHF bounced off its support at 0.74721 where it could potentially rise further to 0.75198.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF Short SetupWe can see clearly that we have a lot of wick rejection in that trendline and potential head and shoulder 4h.
200 PIP TP CADCHFprice broke trendline after reaching the top of this channel, looking for a short position once this correction has been fully broken as well.
CADCHF ShortCAD CHF has been trading bullish for the past week, but it seems that it is going to end... no the trending channel is broken and the bearish setup is in play.
this is my idea guys let us see what market gives us.
Good luck
