Cadchfshort
CADCHF H4 SHORT PRICE ACTION FORECASTWith the price action about to form the right shoulder with the pullback, pair could continue its bearishness,
In the downtrend momentum continuos, a second entry after a pullback from trendline (purple) can also be caught.
Price in a pullback to the resistance level.
The order:
#1
Type: sell-limit.
S/L: 44 pips - R:R | 1:2 -
T/P: aiming to fibonacci level
CAD/CHF SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market Sell: 0,71030
Stop-Loss: 0,71400
Target 1: 0,70630
Target 2: 0,70405
Target 3: 0,70175
Stop-Loss: 37 pips
Risk: 1%
RIsk-Reward: 2,4
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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SHIFT IN MOMENTUM ON CADCHF : BEARISH Hi Guys,
Happy Friday! We are evidently bearish on CADCHF so longs have been closed at -46pips. I'll be looking for price to retrace at least to our entry point before potentially advancing lower.
A major attribute you ought to adopt is the ability to trade what you see and not what you think. The market will speak clearly only if you are willing to listen.
Do not risk more than 2%
CADCHF approaching support, potential bounce | 21 May 2020Price is approaching our first support in line with our 161.8% and 127.2% fibonacci extension as well as 78.6% fibonacci retracement where we might see a bounce above this level to our resistance level . Stochastic is approaching our support level as well. We have also posted the video analysis version linked below, do check that out as well and let us know what you would like to see next!
CADCHF approaching support, potential bounce | 21 May 2020Price is approaching our first support in line with our 161.8% and 127.2% fibonacci extension as well as 78.6% fibonacci retracement where we might see a bounce above this level to our resistance level. Stochastic is approaching our support level as well. We have also posted the written version linked below, do check that out as well and let us know what you would like to see next!
FURTHER BULLISH MOMENTUM ON CADCHF I previously marked up this pair stating bearish potential However, price did not meet our entry criteria instead it rallied bullish. Price is currently showing signs of further bullish movement. Before price advances higher, it has potential to retrace to our marked entry point before extending.
Entry, stop loss and take profit levels have been marked. Should price move to TP1 , you should be scale out majority of your position and move the running position's stop loss in profit.
Do not risk more than 2% on this trade.
FURTHER SELLING POTENTIAL ON CADCHF Hi Guys, hope you all had a great weekend and are well in your health.
I am looking at FX:CADCHF for a potential further push down bearish. Before price moves bearish, we may see price retrace creating a great opportunity for entry. Entry, stop loss and take profit levels have been marked.
Between take profit levels 1 and 2 , you would be looking to scale out majority of your position at level 1, move your stop loss of the remaining position into profit and let it run risk free.
Do not risk more than 2% on this trade.