Cadchfsell
BEARISH RUN AFTER RETRACEMENT FOR CADCHFWe can currently see this pair retracing thus gaining momentum and also creating bearish divergence for a potential bearish continuation. We can see the same setup on USDCHF. The grey line has been marked at 50% fib level of that bearish move. Should price move to the red line which is our SL, this would invalidate our trade idea. Our tp is marked at 100% of the retracement.
Grey line- entry
Red line - Stop loss
Green line - Take profit
Risk exposure - 1%
Risk to reward 1:2
CADCHF SWING SELLTrading is a marathon not a sprint - you want to be around for the long term not just a single week.
"The race is not to the swift, nor the battle to the strong" just endure and press on - There is an element of chance in this life but you can alter it by hard-work
ONLY 5% OF TRADERS are actually consistently profitable are you part of them if not yet what are you going to do about it???
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
NOTE; if you follow our telegram group you will be always up to date about the last market trades and conditions. This is not everything, there is a lot more in the telegram group:
What can you expect from us in the telegram group?
-A watchlist video. This will be uploaded every Monday in the morning.
-Trade setups. We only share high probability trade setups.
-At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group.
- Mini lessons about our strategy and mindset
Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me
So, we hope you will enjoy this whole idea and that we will grow together!
Team Equiy.
CADCHF TO COMPLETE A DOUBLE ZIGZAG CORRECTIVE PATTERNHi Traders,
The CADCHF has just completed a zigzag correction which retested a swing level that lined up with 50.0 Fib ratio and descending trendline.
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The correction which is most likely wave (b) of Y of double zigzag pattern signals the continuation of the downtrend in the wave (c) of Y.
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Considering that traditional technical analysis agrees with Elliot Wave analysis we now have solid evidence to go short on this pair.
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The target for this setup is the support 0.73333 that's between 61.8 and 100% FE of wave (a) of Y.
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Best of luck on the chart!
Veejahbee.
Short CADCHFWe can see that price breakout from the bullish channel, then the price move to a flag pattern but sellers pushed price lower again and they make a breakout from the flag either...
Now we can see the price is testing previous support.
We should see down action to 0.74616 - 0.73337 somewhere in this area we should see reversal...
Let's see what is going to happen
Valesco Group Student...
CADCHF - WEEKLY SWING - 12. FEB. 2019WELCOME TO DACAPITAL-TRADING!
NZDUSD FOREX BREAKDOWN 30 JANUARY 2018
1 HOUR
Bullish pullback towards our entry and resistance
4 HOUR
Bearish market with small pullback now!
DAILY
Strong bearish reaction to 0.76400!
LEVELS
SELL CADCHF
ENTRY @ 0.75870
SL @ 0.76330 (45 Pips)
TP @ 0.75340 (50 Pips)
RR: 1.15, use normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
CADCHF / Daily&H4 / Techincal AnalysisMarket has reacted to daily key support level and Trendline as well.. Still Thats tricky to take any trade ...
We are waiting for market to break below daily trendline or Move above the area we mentioned on H4..
we wiill update the chart as soon as we get any Trade
GOOD LUCK
Trade Green