as we can see cad chf is rejected from the golden level ita a good opportuniity for a short
Welcome back Traders, Investors, and Community! Hi Traders, USDCAD on H1 has formed a Flag pattern. After the Flag is expected to go lower ⬇️Sell now or Sell at 1.2614 ⭕️SL @ 1.2661 ✅TP1 @ 1.2495 ✅TP2 @ 1.2378 ✅TP3 @ 1.2258 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Pattern: Channel Up on 1D. Signal: Buy as the price broke above the (former) 1.03170 Resistance as well as the Lower Highs trend-line. Target: 1.0400 (the next Resistance). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
A while ago, I posted the following chart, saying that USDCAD was 'still far from a long term buy'. The conditions are finally set for the pair to be a fair long-term buy opportunity: Pattern: Channel Up on 1W. Signal: Bullish as the price rebounded on the 1W MA50 while the RSI hit its long-term Buy Zone. Target: 1.4200 (first Resistance) and 1.46800 in...
Pattern: Triangle on 1D. Signal: Bullish as: a) the MACD made a Bullish Cross, b) the price broke above both the 1D MA20 and 200. Target: 1.7600 (below the Symmetrical Resistance). Make sure to book profits if you see the price struggling on any of the two Lower Highs trend-lines. ** Please support this idea with your likes and comments, it is the best way to...
Pattern: Channel Up/ Bullish Megaphone on 1W. Signal: Bullish once the price hits the 1W MA200 or the 1W RSI enters the Long-term Buy Zone. Target: 1.46800 (bottom of the Higher High Zone).
Pattern: Pull back towards the 1W MA50. Signal: Bullish once the price makes contact with the 1W MA50. It is a recurring pattern since 2014. After a Channel Down, the price breaks upwards the then pulls back for a bounce on the 1W MA50 before making a new High. Target: 1.6000 (just below the Resistance). ** Please support this idea with your likes and...
Pattern: Channel Down on 1D. Signal: Bearish after a Lower High was made today. Target: 0.93200.