Cadchfanalysis
CADCHF - ANOTHER ENTRY AND EXIT --AGAIN :)CADCHF IS LOOKING GOOD AT THE MOMENT.
I AM NOW EXPECTING THIS TO GO UP ->
IT HIT OUR PREVIOUS TARGET OF 0.75664 AND THEN TO MOVE EVEN HIGHER.
ITS MAKING THE NEEDED CORRECTION NOW.
BE READY TO JUMP IN AGAIN.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
CADCHF - STRONG BUY COMINGCADCHF has retraced to Fibonacci retracement
level of 0.618 as previously surmised. i am expecting
this to futher down again to 0.618 or extend to 0.5 (0.71518)
Also Stoch RSI is has gone into oversold territory.
this will be a strong buy after the final retracement
See previous analysis
like, comment and follow
CADCHF LONG - Higher Low with strong bullish candlesThe price reached a long trend line on the weekly chart, presented a strong bullish push followed by weak correction with little sellers presence. On the 61,8 fibo level of the retracement price gave us another strong bullish push, breaking the lower time frame down trend line. I`ll wait for the retracement of this last push to go long!
Impulse about to come (CADCHF)Hi, Traders
As i am observing on the chart that first price may go upside to prescribed level then impulse will come into play.
lets see how it moves ,i will update chart if any changes occure.
Note: This is mere a idea not a trading signal to trade. Trade carefully !
Thank you for your support !
Big longterm Sell on CADCHF comming up!CADCHF has been on this wave since the swiss federal bank dropped the euro min value.
now we are approaching the top of the current swing. look out for that at least 0.79 better 0.8 to enter a sell in CADCHF.
i expect the sell to last for about 3 months.
ep: 0.801
sl: 0.81
tp: 0.73
aprox 600pips
go for a low Multiplyer as it is a long trade to minimise the risk of hitting your sl.
i do not take any reponsability
trade with care
if you have any question or Things i could do better hit me up!
CADCHF testing major support, prepare for a potential bounce!
CADCHF is testing major support at 0.7716 (Fibonacci retracement, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to push prices all the way up to major resistance at 0.7851 (Fibonacci extension, horizontal swing high resistance).
Stochastic (55,5,3) is seeing major support above 6.4% where a corresponding bounce could occur. We are also seeing bullish divergence vs price signalling that a bounce could be impending.
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Losses can exceed the initial investment so please ensure you fully understand the risks.