CADCHF - FOREX - 24. FEB. 2020Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
bearish reaction towards previous support zone
4 HOUR
Great long entries and risk management in this position
DAILY
Looking for another push to the upside.
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FOREX SETUP
BUY CADCHF
ENTRY LEVEL @ 0.73770
SL @ 0.73490
TP @ 0.74350
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Cadchflong
CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.73509 where it could potentially react and bounce to its resistance at 1st resistance at 0.73889.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trading Pathways Analysis of CADCHF H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADCHF will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADCHF will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
CADCHF BUY ( TRADE 13)
I try to post and update my trade ideas every week. Follow me, if you like my trade ideas.
I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable to place orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
Feel free to contact me for any forex related issue ( forex fundamental news analysis, forex technical indicators analysis, forex signal service, forex account Management, etc) .
IMPORTANT INFO:
I USE BOTH FUNDAMENTAL AND TECHNICAL ANALYSIS. SO, I USED MY OWN RISK MANAGEMENT STRATEGY.
THE STRATEGY IS SIMPLE. OPEN TRADE AT 0.01 STANDARD LOT PER 500 USD INVESTMENT AMOUNT.
EXAMPLE: lot size 0.01 when you have 500usd,
lot size 0.02 when you have 1000usd,
lot size 0.10 when you have 5000usd,
lot size 0.20 when you have 10000usd
KEEP THE LOT SIZE CONSTANT FOR EVERY TRADE TAKEN WITHIN A MONTH. AT THE END OF THE MONTH WE WILL CALCULATE PROFIT IN PIPS AND DOLLAR AMOUNT. WE WILL DECIDE OUR LOT SIZE AT THE BEGINING OF EVERY NEW MONTH. I WILL POST MY COLLECTED PIPS IN A GOOGLE SHEET EVERY WEEK.
GOOGLE DOC LINK IS GIVEN IN THE COMMENT SECTION.
Email: mr908fardun@gmail.com
Telegram and what's app: +8801610226090