CADCHF ANALYSISCADCHF is going lower, structures are being broken and the main trend is bearish.
DISCLAIMER: This is not a financial advice
Keepitsupersimple
BSTEAD - Less volatile periodsBB Band move closer to the average.
Go long when MACD crosses its signal line from below.
HEALTH SECTOR - Combination of Fibs Retracement and ExtensionLeading indicators and shall be used with other indicators to qualify or disqualify trades.
Why I'm using these two fibs in this analysis..?
1) FIbs Retracement - where to enter the market at discounted price.
2) Fibs Extension - where to exit the market at the highest probability prior to reversal.
What we can see from this chart?
- price actions in sideways
- sweet spot to entry between 2401 - 3187 pts.
- most likely price will bounce and hopefully continue in the uptrend direction.
- if it manage to break 4458 pts, it is time to project good take profit levels.
As always, be sure to back-test any new trading techniques before adding them to your live trading system
All the best!
Regards - Sifuut siduuut
Energy Projection using Fibs Speed Resistance FanFSRF will indicate the following;
- price level of potential trend correction rise or fall
- combination of trendline and % retracement
- measure the trend speed
- also can be viewed as support and resistance lines.
Significant uptrend line for the energy sector. Hope price to stays above the higher speed line to keep the momentum.
ATAIMS - Making new ATH since inception in 2003.Technical retracement will be happened next week.
Bearish divergence can be seen from the daily graph.
Two possible points of entry @ 2.38 and 2.25.
BLDN - Rebound from its support of 1.80Still awaiting for breakout confirmation on the MACD indicator in daily chart.
Get ready to ride the trend!
SIIS - ready to RTTBullish candle pattern
Marking up the price action and ready to rally.
P/s - Please look at other relevant factor before entry.
IGRD - ready to breakoutHeavy accumulation of IGRD since 6 October.
Just a matter of time to break-out the resistance level and fly with high volume.
KCBK - Earning Time With Maximum ProfitI think the accumulation phase is over, and it is a time to start the engine.
Mark-up phase will kick in and the price will start to move higher
BLDN - Waiting for confirmation Waiting for the next candle to reversal and flip back into the UTL.
Breakout confirmation candle to trigger the long entry.
