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Cadchfsell

Short CADCHF Longterm based on 4H ChartBrief overview: Looking at the CADCHF over multiple timeframes, I believe there is an opportunity to short this pair. After the recent rally on the 4H chart, we can see price was met with a strong resistance and dropped back down to a recent support level. We have downward momentum on multiple timeframes and I'm waiting for confirmation before activating this trade. Note: I have decided from here on, not to disclose my detailed analysis, entry/exits or stops publicly. Therefore, any upcoming trade ideas will include only a brief overview as above. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Short
by AEFX786
Trend Continuation Trade on CADCHFHi traders, today on CADCHF price is coming back to retest a key structure area where we can look for selling setups in order to follow the latest trend here. As you can see it's like an ideal setup, when you see price breaking a support that then turn into resistance and push toward a downward continuation. Of course, we need some sort of signal in that zone, being a double top, a candlestick pattern or whatever you want, as long as it respects your rules of engagement. I'll keep you updated! If you want to share your view or ask questions, leave a comment below. Otherwise, see you in the next chart!
Short
by Roker1
Good confluence on CADCHFHey guys, i want to share another type of analysis today that i really enjoy doing: it is called CTS and it stands for Combined Tecnhical Score. It basically consists on finding more reasons all together in order to increase the likelihood of the trade itself. First, i want to select my trading zones by using higher timeframe structure: the blue box i've drawn actually represents the daily structure zone, where i can look for trading opportunities. In addition to that, i've found an AB=CD 1.27 pattern completing at the same exact level of the Gartley's completion. Both end up right at the psychological number (0,7700). All these reasons make me feel more confident on this trade. But as a conservative trader, i think i'm going to watch for price action to send me weakening signals and then sell at market. I'll keep you updated. Feel free to write below if you want to ask quesions. Otherwise, see you in the next chart!
Short
by Roker1