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Cadchflong

CADCHF BUY with X2 Confluences By looking at the chart, we can see the pair has been moving in a bearish direction for several day. We are starting to see sign that we might have a reversal on our hands. We see a breakout of our key level which also signals a change in market structure from bearish to bullish. If we look around the low of June we can see a inverse head and shoulder pattern has formed together with the breakout of the neckline area. This could also pass a triple bottom pattern formation at the low of the previous month. List of confluences: 1: Head and shoulders 2: Triple bottom The risk reward for this trade currently stands at 1 to 6.7 with our target around the high of June. The entry is at the test of the key level as indicated by the arrows on the chart. Never risk more that 2% of you account on any single trade.
Long
by NDOBObanks
CADCHF Long Trade OpportunityA 'buy' opportunity has just presented itself on the loonie-swissy trading chart. This is occasioned by the bullish harami candlestick pattern which closes just above the 0.74593 horizontal support level, which signals a fakeout and suggests an upward price movement. You can still enter this trade by setting your stop slightly below the level mentioned earlier and placing your target anywhere between your entry price and the 0.78000 psychological level (ensuring a reward-to-risk ratio of at least 3.00). Happy trading!
Long
by charles-okoukoni
1
FX - CAD/CHF - GANN FANs Chart !! LONGHello trader, Nice Week and profitable deals 💲 CAD/CHF 8H Chart 🗝 In this chart we can see 2 gann fans and 1Cloud ☁ Fibretracement 🌊 and MA 200 that gives the bull power, MA50 and 🔑AVWAP Momentum what the direction shows us up 📈👀 and rsi, with divergences up 💹 Brief explanation of the Gann fann 👀 The lines act as support and resistance, everything under the red area is considered bears‼ SL, TP is visible in the chart 🗝🗓 I would like to mention that all i post are just options and my own opinion! Always Trade With Sl, And Not Risk More than 1% of your portfolio (max 3%) by trade. If you have any questions, let me know ➡️If you like my posts smash the Like Fur, Comment or Follow me.⬅️ Thanks for reading my ideas, Trade save !!
Long
by TR7z