Cad-chf
CADCHF Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7474 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.7416 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
CADCHF Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7469 (100% Fibonacci extension x2 , 50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 0.7369 (61.8% & 100% Fibonacci extension , Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
CADCHF Approaching Resistance, Potential DropCADCHF is approaching its resistance at 0.7457 (100% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal swing high resistance) where it could potentially drop to its support at 0.7375 (61.8% Fibonacci extension, 76.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding drop could occur.
CADCHF - ShortJust my opinion based on my trading method. I trade every post i make with real money :)
CADCHF Approaching Resistance, Potential ReversalCADCHF is approaching its resistance at 0.7469 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse to its support at 0.7368 (61.8% & 100% Fibonacci extension, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
CADCHF approaching resistance, potential reversal!CADCHF is approaching our first resistance at 0.7469 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where a strong reversal might occur below this level pushing price down to our major support at 0.7367 (horizontal swing low support).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding reversal in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CAD/CHF short setup, target 0.7315- Momentum studies highly bearish
- Extends weakness below 200W SMA
- MACD and DMI support further weakness
Support levels - 0.7355 (trendline), 0.7315 (Sept 6 low)
Resistance levels - 0.74, 0.7416 (5-DMA), 0.75 (21-EMA)
Good to short upticks, SL: 0.7420, TP: 0.7355/ 0.7315
CADCHF Approaching Support, Potential BounceCADCHF is approaching its support at 0.7369 ( horizontal swing low support, 100% Fibonacci extension, long term descending support line) where it could potentially bounce to its resistance at 0.7471 (Horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (34, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
CADCHF approaching support, potential bounce!CADCHF is approaching our first support at 0.7367 (horizontal swing low support, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7473 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and 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 Approaching Support, Potential BounceCADCHF is approaching its support at 0.7367 (100% Fibonacci extension x2 , horizontal swing low support) where it could potentially bounce to its resistance at 0.7469 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur.
CADCHF |15Min| Sell==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW
==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS
Comment under to know why i took this trade :)
AUDCAD Approaching Support, Potential BounceAUDCAD is approaching its support at 0.9650 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9698 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.9% where a corresponding bounce could occur.
CADCHF Approaching Support, Potential BounceCADCHF is approaching its support at 0.7357 (100% Fibonacci extension x2 , horizontal swing low support) where it could potentially bounce to its resistance at 0.7469 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
CADCHF SHORTWith a breach of support and a successful retest this looks like a nice safe trade to be taking.
CADCHF 1H LONGBreach of resistance with a successful retest this is a perfect entry for a long position with a tight stop loss.
CAD/CHF Looking for Trend Confirmation, Stronger Bearish SignalI see two conflicting signals on CAD/CHF
STRONGER BEARISH SIGNAL: I see a break below the red support, and a retest, which would signal downward movement
WEAKER BULLISH SIGNAL: I see a break above green resistance, and a retest, which would signal upward movement
if anyone has suggestions or thoughts about this chart, please share!
CADCHF Reversed Off Resistance, Potential DropCADCHF has reversed off its resistance at 0.7583 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop further to its support at 0.7520 (61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop could occur.
CAD CHF Bearish Harmonic Bat PatternThere are two targets of this pattern. Stop loss can move to entry price when price reach the target 1. Important numbers mentioned in below;
Target 1: 0.75188
Target 2: 0.75013
Long Entry Price: 0.75477
Stop Loss: 0.75753
CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement ) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension , 61.8% fibonacci retracement ).
Stochastic (34,5,3) 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.
EURGBP approaching resistance, potential drop! CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension, 61.8% fibonacci retracement).
Stochastic (34,5,3) 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 Approaching Resistance, Potential ReversalCADCHF is approaching resistance at 0.7556 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance), where it could potentially reverse down to its support at 0.7471 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic is approaching its resistance at 96% where a corresponding reversal could occur.
