Looks like we have a short forming on Cad/Chf. Looking for a fib retrace to key levels where we will either see a bounce or a reversal and continuation of down trend. Good Week and Good Trading to you All...Peace
Hi Freedom-Traders, in the daily chart of the CAD-CHF a completion of two harmonic patterns (Gartley & ABCD) offers us a high probability trading opportunity. Happy Trading!
grey rectangle is a sell zone. look for short signals there.
LONG whait for -candlestick pattern -oversold rsi -outside bollinger -fibo harmony
The strength of the Swiss Franc has taken the majority of its pairs south over the past few weeks. On this pair in particular, price is WAY oversold! In addition, if you take the love from the bottom of the wick at this pair's previous low and draw a trend line to the X point, the 0.786 retracement required for a cypher pattern fits onto the trend line almost...
Potential Inverse Head And Shoulder on the 1D and 4H timeframe, waiting for more of a confirmation of the H&S to continue playing out before taking a position to attack previous high of 0.77245, BANK HOLIDAY Monday so no positions will be taken.
iam watching this level (flip zone ) for a potential short entry .. due to a forming double top with rsi divergence at least i need a strong break of that small rising trendline here to confirm my entry .. a violent move higher will invalid the idea
Chart says it all here. If the current candle closes as such i'll assume a long position. Enjoy!
New Quarter begins! CADCHF right on the quarterly pivot. Pair is overbought and this looks like a great turning point.
Keeping an eye on todays daily candle, if closes how it is now in nice doji candle will take long position
I’m looking for short with 2 trenches above current price and last week strong down move. Support turned resistance area at 0.756 will be a LRE for me to take a short trade.