Cadchfidea
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
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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!
CADCHF buy...Guys CADCHF to touch demand zone keep watch and take profit...
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CADCHFThis pair has been on a massive uptrend and we expect it to continue if it breaks and closes above 0.77190 with a good harmonic pattern forming and a good 1:2 R/R ratio.
Another scenario for this pair is to reverse in case the price does not break our previous level as a HEAD and SHOULDERS pattern could be forming.