Cadchfshort
CADCHF bearish| Fundamental AnalysisHurricane may influence the Oil prices. Overall, we do see more downside for the Cad because of the trade war. More economies are cutting rates because of the tariffs and BoC has the potential to announce some dovishness in this week's meeting.
Incase of CHF, Risk-off continues to flow into the market and haven flows have the possibility to stay elevated in the short term.
Go Short as CADCHF Consolidates Below Trend LineIn the daily chart, we can see that the CADCHF has been consolidating after breaking the support trend line earlier this month. It is now testing the support-turn-resistance trend line again after a 160-pip rally from 0.7266. This provides a good opportunity to sell on a pullback.
CADCHF shortWe have seen price trading sideways on this pair since january 2015. There has been no clear indications of the long term direction of this pair.After the strong move down at the end off beginning of august price has started to form a bear flag on the 4 hour time frame. This consolidation zone sugest there is more downside to come. Targets at 0.69
CADCHF-Short on 240minI have been waiting for this trend line break and retrace.
Entering this morning.
CADCHF SHORTTook me out for -1.67%
I still stand on my analysis. Short again.
It is important to risk manage so even if my trades end up in losses, i cant still trade another day!
IVE LEARNT THAT THE HARD WAY TRUST ME :).
CADCHF Retest Halt. Ready to dropPrice retested trendline. Long wick on 4HR chart indicates that it is going to drop today
REMINDER | FOLLOW UP SPECULATION ON CADCHF | LONG TERM TRADESee chart for illustration.
This is a follow up from earlier publication (see link below) as SHORT tendency keeps building up!
Lower time frame speculation shall come up soon as price action is been monitored
CADCHF TO CONTINUE BEARISH Price is currently at resistance and is showing bearish potential along with bearish divergence.
Entry - Grey line
Take profit - Green line
Stop loss - Red line
[FOREX] [CADCHF] Clearly short signal?It is clear that the seller is in control of market, but when you can come back to the sell after bull pull back with the good risk/reward?
At the strong resistance, CADCHF show a promising sell setup with the signal bar of Friday. Wait for it to pullback to have better risk/rewark.
CADCHF [W1] Short Anticipation from Current zone.OANDA:CADCHF
Anticipating CADCHF to fall from the current zone , targeting +250 pips.
CADCHF-Short Wave 3I just took a quick long trade for Wave 2. Now I want back in short.
I may enter before London session
CADCHF - Pullback Trade (Engulfing confirmation)Hi Traders!
As you can see the market was very bullish in the last few candles.
Now it reached the resistance and formed the engulfing pattern.
So, when this candle closes, we have our confirmation to sell.
Thanks and good luck!
CADCHF potential reversal!
CADCHF expected to rise up to 1st resistance at 0.74374 where it could potentially react off and drop down to 1st support at 0.73017.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF potential reversal!
CADCHF expected to rise up to 1st resistance at 0.74374 where it could potentially react off and drop down to 1st support at 0.73017.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF SHORTPrice is in a downtrend. Entered when we couldn't break and close above the 61.8% Fib level. Stoop above the 71% Fib and the trendline and the target is at the first fib extension.
CADCHF(WEEKLY FORECAST): SHORT RUN IS SUSPECTED!0.79500/0.78700 zone - Major resistance respected since the impulsive move in January 2015 and since May 2018, the price has been going below this resistance.
This indicates that demand is dropping.
There will be publications in lower time frames soon as the reaction of price is been monitored.
CADCHF SELL Consolidation to .7400-.7380Previously, I made a post on consolidation options for this pair saying that if the BULLS broke the CTL that the CAD would be moving up to consolidation high's around .7620 it has made it up to that point and has broke a CTL bearish on the daily so I am looking for a 2hr high price to sell down to the .7400 area to .7380 consolidation lows.
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CADCHF H1 IN THIS CHART I AM JUST SELLER.
WAIT FOR BREAKOUT AND PULL BACK OR MAYBE BEARISH CANDLES OR PATTERNS
