unable to break trend lineCAD is weak to break .7570 (trend line at this point)and good position is short here
Cadchfshort
CADCHF SELLTraders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
CADCHF SELL @0.75394
SL @0.76101
TP @0.74953
TP @0.74501
TP @0.74102
LINK IN BIO!!
**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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AkilajFX
CADCHF potential reversal!
CADCHF expected to rise up to 1st resistance at 0.74878 where it could potentially react off and drop down to 1st support at 0.75695.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF SELL ENTRYTriple top at key price level ( S&R ), prices have failed to break this level, and price rejection is evident on 4h and 1hr time frame.
Cad Chf Triple Top UpdateJust To Give Everyone a good idea of how rewarding a triple top on the daily time frame is , just look at the green box from the past....
Look at the last big triple top (Even though there was consolidation in this triple top that made the breakout more powerful) , just look at the black trend lines to see how far down the trade moved after that!
This trade has extreme probability of dropping with a very high reward!!!! Please do not miss it!
Cad Chf Sell The Daily Triple Top!!!!Cad Chf Has A Daily Triple Top. If you use a Fib Retracement tool you can see that literally every level is acting as support.
This is a triple top trend reversal pattern on the daily chart. This means that price will move down very far and then the pullbacks can be up to 50 pips...
So we have the high , we need a low, then we need a higher low, and a lower low. If you trade the daily chart , this will all happen on hour 4!
Use a small lot size, you can open 3 trades with tp1 , tp2, and tp3! After tp1 hits , move stop loss to entry on the other 2 trades for a risk free trade!
P.S. Of all the trades I see on the charts, this pattern is the most rewarding and highest probability of being correct.
CADCHF Bearish PennantOn the Weekly chart, the CAD has been progressively falling against the CHF from around 11 SEP 2017 in a choppy but progressive manner. The bearish resistance trend line has been a strong point throughout this time and hasn't been broken in a strong manner. Moving towards the daily chart, price has recently rejected the swing high of the resistance trendline and now I am of the opinion that CADCHF is now ready for a bearish push.
My targets are around 40 - 80 pips fall however since we are in the direction of the overall trend the fall may be much stronger and longer.
CADCHF short after weekly closei am looking to short this par at 0.747 if we see the weekly candle close as a bearish reversal candle and close back below the weekly 50 ema and 0618 fib level
CAD/CHF - SHORT - BEARISH DIVERGENCE - TRIPLE TOP - 25+ PIPS
Looking to go short on CAD/CHF - we have a nice triple top as well as some great bearish divergence on the 1 hour time frame! Shhort for a nice 25 pip gain>
CADCHF 60MThis is based on the same methodology I used with the EURUSD short (just failed but still good trade), going for 2:1.
CADSHF short intraday trade setupToday I'm short CADCHF off this bearish cypher pattern 4H. Note also price at the top of the channel on the 1D.
CADCHF short intraday trade opportunityCADCHF opportunity to short this pair down to support level as shown on the chart.
SHORT CADCHF We're quite bearish on this pair and price is showing further potential to extend and complete this bearish move.
Risk no more than 2%
Stop loss - red line
take profit - Green line
CADCHF Sell opportunityIf you don't want to buy AUDCAD, consider selling CADCHF, since they mostly move relative to each other and selling pressure is significantly higher on this pair.
Again we see a broken trendline, ascending this time, awaiting a possible retest. We also see the presence of the 61.8 Fibonacci level that could also present a temporary support, even though I believe that the price has already reacted to the level and will continue downwards.
Overall sentiment is bearish.
Good luck and follow me for more!
(excuse the money triangle)
