CADCHF sell incoming - EQUIY.Dear traders,
So as you can see we expect CADCHF to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also moving to strong supply zone that’s been filled right now.
It will be much clear on the 4h chart, you can see we are creating now a nice “M formation”. We will wait till it reach our zone and then we will sell.
For take profit levels and stoplos check our telegram group: t.me
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Cadchfanalysis
CADCHF H4 SignalWe continue to follow the upward trend and recommend buying! We are above average moving 200, We are over Ichimoku cloud, the red line above the blue
All of these figures point to a continuing trend of price increases
Entry Price: 0.7490 (Waiting for a small price correction)
Stop Loss: 0.7440
take Profit: 0.7595
CAD/CHF 4H Chart: Pressure by 50-hour SMAThe Canadian Dollar has been depreciating against the Swiss Franc in a channel down since the beginning of December. During this period of decline, the currency pair managed to reach March 2018 low at 0.7229.
Daily technical indicators demonstrate that bears are likely to dominate the exchange rate today. The potential target for bearish traders will be at the lower boundary of the descending channel pattern at 0.7088.
On the other hand, the currency exchange rate could reverse from current price level at 0.7250 and aim near a resistance cluster at 0.7325 during the following trading session.
CADCHF - ANOTHER ENTRY AND EXIT --AGAIN :)CADCHF IS LOOKING GOOD AT THE MOMENT.
I AM NOW EXPECTING THIS TO GO UP ->
IT HIT OUR PREVIOUS TARGET OF 0.75664 AND THEN TO MOVE EVEN HIGHER.
ITS MAKING THE NEEDED CORRECTION NOW.
BE READY TO JUMP IN AGAIN.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
CADCHF - STRONG BUY COMINGCADCHF has retraced to Fibonacci retracement
level of 0.618 as previously surmised. i am expecting
this to futher down again to 0.618 or extend to 0.5 (0.71518)
Also Stoch RSI is has gone into oversold territory.
this will be a strong buy after the final retracement
See previous analysis
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