Cadchflong
CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74833 where it could potentially react off and up to 1st resistance at 0.75377.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF: Analysis and Plan for the week ahead (15 JULY 2019)Looking at the CADCHF pair, price has been following the trend line (going upwards at 4H chart). Looking at the 1H chart, the price has been staying at the SUPPORT. The price has been having some difficulties to break the SUPPORT level. Therefore there is a probability that the price will be going bullish.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
Cad/Chf Reversal Soon Update!Price could reject this Yellow trendline and go straight down from here.....
Or Price could Go Up To Resistance and Reject Resistance and then Fall Down...
Use your entry reasons to enter sell as soon as the reversal happens!
Some people use the 5sma and 10sma Crossover...
Some People Use Trend LIne Breakouts....
Some People Use Candlesticks Only.....
Its up to you!!!! We watch this closely from here!
Is it time for CADCHF to bull?Hello guys, Currently We keeping eyes on CADCHF
since it hit major key support (0.73541 price level).
Price has gone on to break minor area of structure
with some sort of fast bullish mommentum.
What we looking out of this pair is a retracement
to our first Price reversal zone(PRZ) being the 38.2 fib
level together with some candlestick patterns in order
take some trades on this Pair