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.
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Cadchfshort
CADCHF SELL Swissy is looking strong across all pairs, currently having a minor retracement, looking to hop on the continuation downwards for this particular pair. Wait for multiple 4 hr candle body's to close which are showing rejection of the purple zone given. Taking this all the way down to the -61.8.
265 PIP GAIN 9/1 RR
Trading pullbackAfter a few days of going up(we traded it from 0.7280 in previous idea) i expect some pullback before continuing going north. We can try to trade it with a target of 0.7380.
More conservative play will be using this pullback to go long with a target 0.7450-0.7500
This is how it looks on daily. Keep save and good luck!
W,D,H4 and many other confirmationWhy I am planning to Short,
3 Reasons -
W,D,H4 - downtrend,
Pattern - Going in I.C.I pattern in Daily (if recognised right)
Broke Strong Support line and turned resistance
When would I enter (need to confirm 4 things through indicator on H4)
Bollinger bands (below SDdev)
EMA 10 below EMA 20 (means bearish ) and structure below 10 EMA
When MACD in bearish
When Stoch inside 80
ATR starts falling (already) - good point
RSI inside (already) - good point
If I am wrong somewhere please tell me and If you like my theory and analysis Please follow me and like this idea to get it on top
CAD/CHF: Swingtrade-OpportunityHey tradomaniacs,
welcome to another free signal!
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Type: Swingtrade
Market Sell: 0,74130
Stop-Loss: 0,74420
Target 1: 0,73730
Target 2: 0,73400
Target 3: 0,73085
Stop-Loss: 29.0 pips
Risk: 1-2%
Risk-Reward: 3,60
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CADCHF - ShortGood afternoon,
Thank you for taking time to look at our analysis.
So in my view, this is a short. Why?
There is a trend continuation and a double top that has been formed. In my view, this pair is going down to the area marked with a circle and then we will have a new outlook and look for a buy entry.
But before that happens there are a few things to we need to ascertain before entry.
This is my take, what's yours?
TriforeX
P.S we would love to hear from you, please drop us a comment or like.
CADCHF Looking for Short EntryThe chart shows clearly what I am looking at here. We have the impulse wave down breaking below the support zone and now I am looking for a sell opportunity in this pair. I will then aim to ride the wave down to the longer term trend line below!
I am looking for a pullback up to the support/resistance area before awaiting confirmation on a sell trade. If price doesn't pullback to the highlighted area I will be skipping this trade.
We have a 3.5 Risk Reward ratio on this trade.
CADCHF - FOREX - 06. JAN. 2020Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
Strongly waving market with some bullish pressure.
4 HOUR
Sideways market structure at its resistance.
DAILY
We need a pullback to the downside.
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FOREX SETUP
SELL CADCHF
1ST ENTRY @ 0.74670
2ND ENTRY @ 0.74830
SL @ 75.130
TP @ 74.180
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CADCHF analysisCADCHF analysis
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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