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
Cadchfbuy
CADCHF - INTRADAY - 12. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
FREE VIP SWING SETUP
1 HOUR
Bearish 61.8% Retrace from previous X-A Wave and pullback
4 HOUR
4 Bearish H4 Candles in a row taking out buyers before heading back up
DAILY
Daily bearish reaction after a strong move and Key level retest at 0.76000!
LEVELS
BUY CADCHF @ 0.76250
SL @ 0.76120 (12 Pips)
TP @ 0.76450 (20 Pips)
RR: 1.62, INTRADAY Setup!
Enjoy our limited Content and Setups,
leave us a like and Comment!!
CADCHF - SWING SETUP - 07. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
FREE VIP SWING SETUP
1 HOUR
Consideration above previous H1/H4 Lows and Support level!
4 HOUR
Expecting a strong bullish reaction to this level now.
DAILY
Daily pullback to previous lows and support level!
LEVELS
BUY CADCHF @ 0.76380
SL @ 0.76170 (20 Pips)
TP @ 0.76970 (60 Pips)
RR: 2.81
Be patient about our Swing Setups!
Enjoy our limited Content and Setups,
leave us a like and Comment!!
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
like, comment and follow
CADCHF LongContinuing to ride the bullish trend mainly driven by the new NAFTA agreement last Wednesday, but still need to be careful about risk of getting whipsawed especially CAD Ivey PMI news tomorrow at 2pm, and CHF CPI news on Friday. Closely monitoring possible breakout of this pair at 0.77144, and will either setup a buy stop @0.77297, or wait for bounce (safer option) and setup a buy limit at 0.77144 instead, with initial TP at 68.2 fib level and SL few pips below 0 fib level.
www.marketpulse.com
Daily:
Weekly:
Confidence: B (because of risks from upcoming news mentioned above)
CADCHF LONG - Higher Low with strong bullish candlesThe price reached a long trend line on the weekly chart, presented a strong bullish push followed by weak correction with little sellers presence. On the 61,8 fibo level of the retracement price gave us another strong bullish push, breaking the lower time frame down trend line. I`ll wait for the retracement of this last push to go long!
CADCHF testing major support, prepare for a potential bounce!
CADCHF is testing major support at 0.7716 (Fibonacci retracement, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to push prices all the way up to major resistance at 0.7851 (Fibonacci extension, horizontal swing high resistance).
Stochastic (55,5,3) is seeing major support above 6.4% where a corresponding bounce could occur. We are also seeing bullish divergence vs price signalling that a bounce could be impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF dropping nicely, potential for further drop!CADCHF has broken major support-turned-resistance level at 0.7809 (Fibonacci retracement, horizontal overlap resistance) and remains below our Ichimoku cloud signalling that there is bearish momentum. Our next resistance is at 0.7830 which is above our 61.8% Fibonacci retracement and also at a swing high resistance. Price could potentially drop all the way to major support at 0.7714 (Fibonacci retracement, horizontal overlap support).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF on major channel resistance, possible further dropCADCHF is now testing our long term channel resistance once again and a further drop could occur from this level as it has respected the channel so well so far. Our 1st resistance is at 0.7438 (Fibonacci retracement, horizontal overlap resistance) and our next support is all the way down at 0.7368 (Fibonacci extension).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF Long Position (Long Term) Based on Inverted H&S PatternThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
CADCHF Bollinger Band Spike On Strong Support LevelHi traders,
Another close spike (not the best) on the CADCHF 15M chart on an important support level. I am targeting the break of the top for my profits. Right now the trade is on break-even and lets see how it continues.
(This is not a trade recommendation!)
What say you, Swiss Franc?From the previous two trading session, the Swiss Franc descended strongly against its major Forex currencies. An acquaintance of mine has told me that although no news of it was there, it seems that the SNB (Swiss National Bank) has intervened with the Swiss.
When I started stock and forex trading, I've already heard rumors and sayings that the Swiss Franc is a 'controlled currency.'
Several Swiss Franc pairs have reached several resistance/support; after two days of intense decline on the currency, I'm expecting some pullback where it may give a better entry position to be able to enjoy the ride!