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Cadchfshort

BEARISH RUN AFTER RETRACEMENT FOR CADCHFWe can currently see this pair retracing thus gaining momentum and also creating bearish divergence for a potential bearish continuation. We can see the same setup on USDCHF. The grey line has been marked at 50% fib level of that bearish move. Should price move to the red line which is our SL, this would invalidate our trade idea. Our tp is marked at 100% of the retracement. Grey line- entry Red line - Stop loss Green line - Take profit Risk exposure - 1% Risk to reward 1:2
Short
by Malika_Analysis
CADCHF - Bearish MarketCADCHF H1 1) key fib zone 2) trendline 3) bearish pennant with 1-5 wave inside Expecting nice sell positions to kick in, taking us down to the -27%, for around 100 pips (provided Oil doesn't push CAD further up) @PipsOfPersia t.me 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
Short
by PipsOfPersia
CADCHF sell incoming - EQUIY.Dear traders, So as you can see we expect CADCHF to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also moving to strong supply zone that’s been filled right now. It will be much clear on the 4h chart, you can see we are creating now a nice “M formation”. We will wait till it reach our zone and then we will sell. For take profit levels and stoplos check our telegram group: t.me NOTE; if you follow our telegram group you will be always up to date about the last market trades and conditions. This is not everything, there is a lot more in the telegram group: What can you expect from us in the telegram group? -A watchlist video. This will be uploaded every Monday in the morning. -Trade setups. We only share high probability trade setups. -At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group. - Mini lessons about our strategy and mindset Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me So, we hope you will enjoy this whole idea and that we will grow together! Team Equiy.
Short
by EQUIYtrading
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