Cadchfshort
CADCHF before 1.12% decline. .. The exchange rate apparently performs wave movement on the MA (100,200) axes. These waves consist of ATR proportional fractal sequences. In the event that this movement persists, you may want to take a short position with a target price of 0.7431.
CADCHF Short SetupWe can see clearly that we have a lot of wick rejection in that trendline and potential head and shoulder 4h.
CADCHF shorting!!Hi traders,
Nice and easy setup this. Price is respecting the trend line and bounced in each occasions. Added bonus the price is at a major level where it has reacted almost in each case. I've gone short and marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
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CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74833 where it could potentially react off and up to 1st resistance at 0.75377.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
$CADCHF POSSIBLE SCENARIO IF PRICE BREAKS BELOW THE CONSOLIDATION CLUSTER IT CAN FALL AS SHOWN IN FIG ABOVE. OTHERWISE RANGE PLAY WILL EXISTS AND I WILL LONG TILL TOP OF RANGE ON MARKET STRUCTURE BREAK
200 PIP TP CADCHFprice broke trendline after reaching the top of this channel, looking for a short position once this correction has been fully broken as well.
Cad/Chf Update 3! Moving Down in the Hour 1 ChannelCad/Chf is moving down but I believe we still need to break out of the Hour 1 Channel before we know for sure that the Reversal has truly happened.
If price breaks from the hour 1 channel down, a sell would be safe to enter but must watch out for minor support in the yellow zone below....
CAD/CHF ::: SELLSell CAD/CHF With 55 Pip Stop Loss and About 150 pip Take Profit. there are a lot of reasons that chart will Fall Down and Sellers will be Won Here.
