CAD/CHF Triangle shape is finished, Support line became Resistance. Descending Movement is expected.
Cad-chf
CADCHFIm leaning to A BULLISH BIAS, lets see what the week has in store for us
- Clear Breakouts with a pull back will provide confirmation for the execution!!
CADCHF Potential Buy SetupCADCHF is trading close to its lower channel support. The outlook for the pair is still neutral, given the previous lower highs. However, the price-action has formed a symmetrical triangle, and a break above the upper triangle line (red trendline) may trigger a long setup.
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 Reversed Off Resistance, Prepare For Further Drop CADCHF reversed off its resistance at 0.7638 (100% Fibonacci extension ,61.8% Fibonacci retracement , horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 0.7516(50% Fibonacci retracement , horizontal overlap support, 100% Fibonacci extension ).
Stochastic (55,5,3) is also reversing off its resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF gives a great opportunity to sell Hello Guys,
- CADCHF give a great opportuinty to sell
- Waiting for triangle breakout
- the price broke the previous trend if it breaks the triangle there is no support will face it until 0.7320
- Opportunity for trading not only analysis
Good luck
CADCHF possible trend continuation CADCHF recently created a new Lower High on the major down trend that is happening. If the pair breaks the support where the price is floating, we should see the last Elliot wave that could potentially give us nearly 500 pips. The weekly chart shows this idea clearly.
We just need to wait for the weekly Stochastics to cross each other and we are good to go.
CADCHF Shows Further Signs of Bearish MovementI posted an idea on CADCHF recently, but after a nice retest of the .762 level, a expect further movement to the downside.
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 short opportunity as you can see i've marked the point where the resistence rejected the price , about that the price is getting to the 61.8 level of fibo that is on the same level of the resistence , so let's follow the trend opening this sell position , if the price break the resistence we will sell again on the major trendline area ( the higher one )
let me know what you think about this trade , cheers .
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
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CADCHF approaching support, potential bounce! CADCHF bounced nicely off its support at 0.7516 (61.8% & 50% Fibonacci retracement , horizontal swing overlap support ) where it could potentially bounce to its resistance at 0.7579(50% Fibonacci retracement , 61.8% Fibonacci retracement , horizontal overlap resistance).
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.
risks. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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 approaching support, potential bounce!cadchf is approaching our first support at 0.7516 (horizontal overlap support, 61.8% & 50 % Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 0.7579 (61.8% Fibonacci extension, horizontal overlap resistance, 50% Fibonacci retracement ).
Stochastic (55, 5, 3) is approaching its support 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
CADCHF Trend Analysis and Strategy The pair has broke the trend line on the 4 hour chart, so we are targeting the green and blue zones as our take profits. OANDA:CADCHF
CADCHF Approaching Support, Potential BounceCADCHF is approaching its support at 0.7543 (38.2% Fibonacci retracement, Horizontal swing low support) where it could potentially bounce to its resistance at 0.7574(50% fibonacci retracement).
Stochastic (89, 5, 3) is approaching its support at 9.1% where a corresponding bounce could occur.
SHORT CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7582 (76.4% Fibonacci retracement , 100% Fibonacci extension , horizontal overlap resistance) where we might see a drop in price to our first support at 0.7545 (61.8% Fibonacci retracement ,61.8% Fibonacci extension ).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
CADCHF Scalp Opportunity, Double Top at Upper Channel ResistanceThis trade has been setting up for the past few weeks and it is time to look for entries.
Here is my previous analysis:
CADCHF Channel on 1D, Strong Short Opportunity FormingWaiting for price to reach upper channel resistance to short
CADCHF Reversed Off Resistance, Prepare For Further DropCADCHF reversed off its resistance at 0.7587 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.7524(50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance where a corresponding drop is expected.
CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7587 (76.4% Fibonacci retracement , 100% Fibonacci extension , horizontal swing high resistance) where we might see a drop in price to our first support at 0.7441 (38.2% Fibonacci retracement , horizontal swing low support, 61.8% Fibonacci extension ).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short CADCHF @ 0.7568; TP @ 0.7417, SL your choiceShort CADCHF @ 0.7568; TP @ 0.7417, SL your choice
