CAD CHF Long Update on position CAD CHF Long Update on position posted a while ago
Its been slow but we are 15 pips from TP3 +150 pips
we will continue our Long stance until we breach our entry
Still anticipate +200 pips fro this trade
Cad-chf
CAD CHF Long +200 pips we are half way there We are half way to our target of 200 pips inn our CAD CHF trade.
Bearish Dodgi on our marabouzi level and trendline cross on the daily chart has given us confluence to stay long
TP2 +100 pips hit
CADCHF H&Swe have hand and shoulder on the daily timeframe and retest of it
our entry point below the trend for safe sell opportunity
Follow my trade and good luck!!
LONG CADCHF Approaching Support, Prepare For A Bouncer ago
CADCHF is approaching its support at 0.7464 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 0.7514 (50% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
is approaching its support where we expect to see a bounce.
CADCHF Approaching Support, Prepare For A Bounce
CADCHF is approaching its support at 0.7464 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7514 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
is approaching its support where we expect to see a bounce.
CADCHF SELL ON H4 & D1Trend continuation
Channel down.
Head and Shoulder formed and neckline broken and retested on h4.
We wait for gap and rally to catch the best entry and R/R
Goodluck!
This is a swing setup and might take a week or two to complete.
contact me to join our free channel or anything you need.
CAD CHF Long to 618 another +200 pips Our CAD CHF long trade taken last week currenty +80 pips will continue to the 618
another 200 pips where we will be looking for signs to short
CADCHF TO COMPLETE A DOUBLE ZIGZAG CORRECTIVE PATTERNHi Traders,
The CADCHF has just completed a zigzag correction which retested a swing level that lined up with 50.0 Fib ratio and descending trendline.
.
The correction which is most likely wave (b) of Y of double zigzag pattern signals the continuation of the downtrend in the wave (c) of Y.
.
Considering that traditional technical analysis agrees with Elliot Wave analysis we now have solid evidence to go short on this pair.
.
The target for this setup is the support 0.73333 that's between 61.8 and 100% FE of wave (a) of Y.
.
Best of luck on the chart!
Veejahbee.
cadchfShort idea.
I have my main chart set up on my other platform, so i have all my reasoning to enter.
Im just showing you where i believe its going.
This is just a free post
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7468 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement).
Stochastic (89,5,3) is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CAD/CHF long positionCAD/CHF was created a bullish head & shoulders pattern and retest the neckline and now it's good to enter a long trade at this pair.
CADCHF Potential Sell Setup on H4CADCHF is trading near a horizontal resistance and has recently entered into a consolidation, forming a bearish wedge pattern. This is a continuation pattern, and the price seems to be breaking out to the downside.
Further to the upside, the longer-term trendline could provide strong selling power.
Like our charts? Please hit the "Like" button and feel free to join our Telegram channel -> t.me
CADCHF Approaching Resistance, Rising Wedge, RSI DivergenceOn CADCHF we can see a rising wedge forming as well as clear RSI divergence.
Coupled with these patterns, price is also approaching an area of strong resistance.
I am looking to sell the breakout of the wedge and take profit at the recent lows
CADCHF: Long term Sell opportunity.The pair is trading on a long term Channel Down pattern on 1M which since February is trading sideways near the Lower High zone (RSI = 49.216, STOCH = 53.334, Williams = -48.705, CCI = 3.1294, Highs/Lows = 0.0000). This is a long term bearish signal and we are taking this on a double target, TP1 = 0.73200, TP2 = 0.72245.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7544 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur to our major support at 0.7504 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Cad/Chf Buy at pullback I’m looking at going long on this pair if there’s a pullback into support or buy from the break of resistance depending on the H1 candle . I see an inverse H&S on H4 .
Many Thanks
