Cadchflong
CADCHF - FOREX - 24. FEB. 2020Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
bearish reaction towards previous support zone
4 HOUR
Great long entries and risk management in this position
DAILY
Looking for another push to the upside.
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FOREX SETUP
BUY CADCHF
ENTRY LEVEL @ 0.73770
SL @ 0.73490
TP @ 0.74350
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.73509 where it could potentially react and bounce to its resistance at 1st resistance at 0.73889.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trading Pathways Analysis of CADCHF H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADCHF will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADCHF will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways