Cadchfshort
CADCHF Next Market Move is Ready.In the name of Allah, the Most Gracious, the Most Merciful".
CADCHF In 1Hrs Time Frame Looks Bearish Because in 4 Hrs It has Broken its Last Support level which current making resistance level.
News : BOC Rate Statement, Overnight Rate At 8:30 pm Indian Time
Market Trend: In 1 Day Time Frame its Looks more bearish.
Risk is 14 pips Reward is 43 pips.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
CADCHF Analysis: Price may go downPrice broke an ascending channel and has since seem to have formed a falling channel and is testing the resistance line.
You can wait for more confirmations and sell if the price doesn't manage to break the line.
This idea will be invalidated if the price manages to break the line.
CADCHF - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
Bullish price action turned.
4 HOUR
Overall very bearish market with a lot of pullbacks.
DAILY
Bearish waving market structure, good short entries.
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FOREX SETUP
SELL CADCHF
1ST ENTRY @ 0.74830 (Wait for trigger)
2ND ENTRY @ 0.74980
SL @ 0.75250
TP @ 0.74360
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
CADCHF Short 4Hr sellI see a leg 4 to 5 back to the medium dashed line price zone. From there we could bounce and hold support or expance with an additional ABC correction below the dashed line.
Daily, weekly, and monthly buyers are showing a possible " > < " In and out symmetrical pinching to expanding pattern on daily and 4hr.
Hourly shows divergence for a short and stochastic shows we are getting weaker for bulls.
Please adjust and manipulate chart to zoom in. I have drawn the > < trend lines to express the visual I see happening.
Also Monthly is in a strong horizontal channel. A nice widening channel over the next few weeks will indicate we are accumulating buyer power for a monthly swing up sometime in 2021?? I could be wrong but overall I am expecting a daily expanding pattern to happen.
CADCHF SELL SETUPCadchf has broken the channel and it has already retested the trendline. On retest it show very good rejection. As it can be seen in the chart below:
THe second thing that gives me confidence about selling at this point is the head and shoulder formation which has been confirmed by the breakout of neckline and retest.
I have placed a sell here and I have my tp in the red box as it can be seen in thee first chart. Sl depends on you. FOLLOW AT YOUR OWN RISK
CADCHF SHORT SETUP (Supply & Demand, Head & Shoulders)You can clearly see a head & shoulders pattern on the h4 or daily timeframe.
I am now waiting for a double top on the h1 or a fakout on h4.
Wait for price action. Do not enter the trade immediately!
Other confirmations to sell:
Price broke supply -> now demand
lower low created -> waiting now for lower high
I set TP1 & TP2 based on fibonacci.
I will risk 1% for this trade.
After the trade is 40 pips in profit, i will move sl to entry.
I will close 70% of my trade on tp1 & move my sl lower to a point where i think the trade will be invalid.
Let me know your view in the comments.
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CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74530 where it could potentially react off and up to 1st resistance at 0.74983.
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 for a bounce!
CADCHF is expected to drop to 1st support at 0.75335 where it could potentially react off and up to 1st resistance at 0.74753.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Short CADCHFCash sell on rally in CADCHF as it is forming a Head and Shoulder pattern in the 4 hours chart. The pair remains bearish after hitting a tip of the right shoulder at 0.7570. It is likely to continue the southward journey towards the support of the pattern at 0.7480 level.
Trade Information:
Sell : 0.7532
SL : 0.7570
TP : 0.7480
Risk Reward: 1.23