Cadchfshort
CADCHF shorting!!Hi traders,
Nice and easy setup this. Price is respecting the trend line and bounced in each occasions. Added bonus the price is at a major level where it has reacted almost in each case. I've gone short and marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
cadchfyesterday we took cadchf sell position,congrat to my followers, to enjoy more signal follow me and dm to join my telegram channel
CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74833 where it could potentially react off and up to 1st resistance at 0.75377.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
$CADCHF POSSIBLE SCENARIO IF PRICE BREAKS BELOW THE CONSOLIDATION CLUSTER IT CAN FALL AS SHOWN IN FIG ABOVE. OTHERWISE RANGE PLAY WILL EXISTS AND I WILL LONG TILL TOP OF RANGE ON MARKET STRUCTURE BREAK
200 PIP TP CADCHFprice broke trendline after reaching the top of this channel, looking for a short position once this correction has been fully broken as well.
Cad/Chf Update 3! Moving Down in the Hour 1 ChannelCad/Chf is moving down but I believe we still need to break out of the Hour 1 Channel before we know for sure that the Reversal has truly happened.
If price breaks from the hour 1 channel down, a sell would be safe to enter but must watch out for minor support in the yellow zone below....
CAD/CHF ::: SELLSell CAD/CHF With 55 Pip Stop Loss and About 150 pip Take Profit. there are a lot of reasons that chart will Fall Down and Sellers will be Won Here.
CAD/CHF : Looking Hot For SELL BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
CADCHF Strong resistanceLooking at the H4 chart we see rejection at the same mark as a previous H4 swing high, resting just above this level is a major Daily zone of which we have also tapped and shot out of. I will now be looking for reason to enter short positions into this trade!
Cad/Chf Reversal Soon Update!Price could reject this Yellow trendline and go straight down from here.....
Or Price could Go Up To Resistance and Reject Resistance and then Fall Down...
Use your entry reasons to enter sell as soon as the reversal happens!
Some people use the 5sma and 10sma Crossover...
Some People Use Trend LIne Breakouts....
Some People Use Candlesticks Only.....
Its up to you!!!! We watch this closely from here!
