Cadchfshort
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7451 (horizontal overlap support, 61.8%, Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 0.7535 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF ShortMain signal fired. Rules of this trade algo is if main signal fires you take the trade regardless of other signals.
CADCHF possible sell setupWait for conformation on shorter timeframe, possible that it could ride more downwards
CADCHF new projection!Hello good people.
CADCHF had made new breakout. I am expecting the price will go down with a small pullback towards the box @ zone. As you can see, the price already inside the box, which I preparing to short. Good luck! Happy green pips everyone.
Regards. AK
CADCHF Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7618 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it may reverse down to its support at 0.7584 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
CADCHF Harmonic Bat Pattern Analysis and StrategyWe are predicting the Bat Pattern to complete as long as the red resistance zone is not broken. Our strategy is to trade the 4th leg of the pattern, but a break of the red zone will make the pattern invalid, therefore we will close our position. OANDA:CADCHF
AUDUSD Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7617 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, Horizontal swing high resistance) where it may reverse down to its support at 0.7582 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
CADCHF - SHORTHey followers and other TradingView users!
Two strong trendlines make a crossing area and several rejections from there!
Stops above the round number 0.76000
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Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
CADCHF: Ready to reverse?
If we have a look at the daily timeframe chart of CADCHF we can see that resistance level 0.76176 has been rejected twice forming potentially a double top reversal. However, this downward price move is supported against by a strong trendline as shown above. With Tenkan Sen and Kijun Sen showing very little directional momentum and we are likely to see some consolidation, perhaps a move back toward 0.76176 to retest resistance and complete the triangle pattern formation before we see any strong directional move.
If we drop down to the 4-hour timeframe we can see that price has currently found support at Kumo. However, price has just broken through Tenkan Sen and Kijun Sen as a support – but with Tenkan Sen, Kijun Sen and Senkou Span B is relatively close proximity to one another supported by Chikou Span firmly within price we can say that this area is crucial consolidation zone. Any downward move has to be supported by the daily trendline which is also supported by the 4-hour Senkou Span A. A candle close below this level i.e. a 4-hour Kumo breakout would likely invalidate the retest of resistance 0.76176 and a short position would be favoured. The one-hour chart shows supporting results with added downward momentum.
CADCHF Support and Resistance Analysis and StrategyWe closed our previous positions on this pair in profit. Our current strategy is to short the pair again on the red zone with stop in place above the blue zone and take profit on the green support zone. FX:CADCHF
CADCHF approaching support, potential bounce! CADCHF is approaching our first support level at 0.7541 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7569 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF Seasonality Drop 300 pipsAs part of UJ Seasonality CADCHF is potentially going to drop approximately 300 pips. I predict it will be at least 80 pips to 0.752 if not 400 pips to 0.72
CADCHF - WEEKLY SWING - 12. FEB. 2019WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 30 JANUARY 2018
1 HOUR
Bullish pullback towards our entry and resistance
4 HOUR
Bearish market with small pullback now!
DAILY
Strong bearish reaction to 0.76400!
LEVELS
SELL CADCHF
ENTRY @ 0.75870
SL @ 0.76330 (45 Pips)
TP @ 0.75340 (50 Pips)
RR: 1.15, use normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
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CAD/CHF 4H SHORT POSITIONSHORT POSITION:
Price has already broke and retested the upwards trend channel, resistance
and 0.382 Fib retracement level
Waiting for entries on this pair depending on market open on the {11/02.19}
I will enter straight away but if market gaps up I will wait for a second retest at
the resistance level and 0.382 Fibonacci Retracement Level before going SHORT.
CadCHF getting lower to the keylevel 74.00the CADCHF broke the Trendline and retested it. now it is following a clearly downside movement to make an. double bottom togo bullish again. this downside movement is just a retracement for the current level.
after 74.000 CadChf will rise again. to a target of 0.79. mason for this is that I believe that CAD has scope a strengthen further, extending its recent recovery. and this in contrast with the CHF where the SNB is dovish about their monetary plan.
CADCHF Short Idea 1HENTRY: 0.75909
SL: 0.76011
TP: 0.74850
Entered this trade off of a market execution.
This is one of my friend and mentor's favorite pairs.
on the 4H time frame I boxed out the consolidation zone. I waited for a break out of that box and the retest off of the Kijun.
Other signals:
- Break out of Kumo
- Dark Future
- TK Crossover
Let's see what happens!!
Sell CADCHF on D1... A big sell ???CADCHF is spotted moving in a downward channel, wait for confirmation to short this pair... its gonna be a big sell in a longer term...
SELL SIGNAL! Confirmation Inverted hammer + bearish engulfing candle, serve as appropriate sell signs and rejection confirmations.
Good luck!
