Cadchfsell
CADCHF - SWING SETUP - 26. OCTOBER 2018WELCOME TO DACAPITAL TRADING!!
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4 HOUR
H4 Formed new Highs around 0.76900 and retested our Daily key level
DAILY
Consideration zone, expecting a push to the downside and a break of this zone towards daily key level
WEEKLY
Very sideways last 4 weeks, we need a breakout now!
LEVELS
SELL CADCHF @ 0.76280
SL @ 0.76700 (40 Pips)
TP @ 0.75400 (90 Pips)
RR: 2.12
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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 - SWING SETUP - 16. OCTOBER 2018WELCOME TO DACAPITAL TRADING!!
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4 HOUR
Strong bullish movement back towards daily and H4 Resistance Level
DAILY
Strong daily price action taking out sellers in my view!
WEEKLY
Strong start into this week, looking towards a bearish closure on friday!
LEVELS
SELL CADCHF @ 0.76500
SL @ 0.76860 (35 Pips)
TP @ 0.75540 (95 Pips)
RR: 2.70
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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.