Cadchflong
CADCHF, TIME TO GO LONG!?Hello traders!
Today we have this beautiful CADCHF setup, after moving to the downside for a long time, now we have the chance to go long for the first time, however, before we can, we have some things we need to check first!
For a good and safe entry, we would recommend you to wait for a clean closure above our resistance level (you can look for entries in the 30M chart if you want).
CADCHF has a lot of potential for us so let's try to get as many pips as we can from this setup!
Best of lucks,
GlobalYouthTrading
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CADCHF retracement before continuation of the daily downtrendI am anticipating a 38.20% 2H retracement before price rallies to the daily 50.00% retracement level for 50 pips (also the third daily trend line touch). If price breaks the daily trend line we can expect a rally to the next resistance zone (0.75550); However, if price rejects the trend line, I expect the continuation of the current downtrend for the next lower low point or an hourly double bottom.
Regards
Harmonics in play - CADCHF longHi guys,
long time no see. Here i am with a new simple analysis: as you can see there's a Gartley pattern on the hourly timeframe of this chart (CADCHF), and i've already entered the market long. Be careful because this is a counter trend trade and it's riskier than other ones. Always put your stop loss when you're against the trend.
If you have questions/ideas, feel free to share.
Otherwise, see you in the next chart!
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7468 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement).
Stochastic (89,5,3) is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7544 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur to our major support at 0.7504 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur to our major support at 0.7502 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF approaching resistance, potential drop! CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7502 (50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7451 (horizontal overlap support, 61.8%, Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 0.7535 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF Long Term Projection... Bullish We have been trading withing an ascending channel since the big drop in the beginning of January 2014, with a series of higher lows respecting the ascending channel support. The time has come for a break out and that we see with the initial fake break out to the downside. We will soon break up to the levels in the 0.820000 - 0.82500 range. Unlike most times, I will keep updating on this trades validity status as things unfold
CADCHF - WEEKLY SWING - 26. FEB. 2019WELCOME TO DACAPITAL-TRADING!
CADCHF FOREX BREAKDOWN 26 FEBRUARY 2019
1 HOUR
Bearish movement into our long entry!
4 HOUR
Overall sideways moving market right now with strong pushes!
DAILY
Bearish market needs a pullback to the upside now!
LEVELS
BUY CADCHF
ENTRY @ 0.75760
SL @ 0.75500 (25 Pips)
TP @ 0.76060 (30 Pips)
RR: 1.15, use normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CADCHF continuation buy!CADCHF already hit the first take profit level. Another breakout already occured which price going long is coming soon. I am thinking to entry next week! Goodluck!
Regards! AK.
CADCHF Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7618 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 0.7584 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
CADHF nice hammer hinting up!Hello people!
CADCHF giving long signal where trendline breakout already happened. Price making pullback which hammer REVERSAL CANDLESTICK(Hammer) can be seen. I am expecting the price going up for awhile which we can make some pips. Goodluck!
Regards. AK.
CADCHF long swing trade ideaCADCHF potential for a long swing trade setup if we get a pullback to the 50-61.8 fib zone. Momentum to upside evident with price action above EMAs on higher time frames, bullish pennant formation and break above previous high as we can see on the 2H at around T1. Not to be construed as financial advice. This is an idea based on how I see the chart with no guarantee of this playing out favorably. Trading FX carries a high level of risk.
AUDUSD Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7617 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing high resistance) where it may reverse down to its support at 0.7582 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
CADCHF approaching support, potential bounce! CADCHF is approaching our first support level at 0.7541 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7569 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF Approaching Support, Potential BounceCADCHF is approaching its support at 0.7543 (38.2% Fibonacci retracement, Horizontal swing low support) where it could potentially bounce to its resistance at 0.7574(50% fibonacci retracement).
Stochastic (89, 5, 3) is approaching its support at 9.1% where a corresponding bounce could occur.
CADCHF - WEEKLY SWING - 28. JAN. 2018WELCOME TO DACAPITAL-TRADING!
CADCHF FOREX BREAKDOWN 28 JANUARY 2018
1 HOUR
Strong bearish drop without any support.
4 HOUR
Price melted and need to push back up!
DAILY
Overall bullish waving market we need another wave to the upside!
LEVELS
BUY CADCHF
ENTRY @ 0.74650
SL @ 0.74360 (25 Pips)
TP @ 0.75040 (40 Pips)
RR: 1.40, use normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CADCHF Approaching Support, Potential BounceCADCHF is approaching its support at 0.7441 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7515 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 5.2% where a corresponding bounce could occur.
CADCHF / H4 / LONGHi traders, as you can see that we have broken above a daily resistance level which has now become support. This pair has been in an uptrend and gotten some nice pullback to the support level. We're also still above the 200 and 50EMA which prompts us to think that there can be a further move upward from this pair.
Use proper risk.
Good luck and Trade Green.
