Cadchfshort
Cad/Chf Hour 4! Broken Support Turns ResistanceAgain, Many Pairs are moving The Same Way! We see that Cad/Chf Broke Support, Retested, And should now move down to the next area!
I wanted to also use a Fib Retracement on this pair just to show you how price literally bounced off of every retracement level! (See The Yellow Arrows)
So I Fully Expect Price to fall at least until the next area!
CADCHF everything will be decidedNow everything will be decided, up or down ? This is the question.
CADCHF closed under our daily key support level.
If it can take a foothold over our daily level, it should move up again.
If we see a rejection the next hours we could see a continuation of the downtrend.
CADCHF Daily Time frame Channel PatternCADCHF in Daily Time frame Following Channel Pattern
We can also see there Uptrend line which has broken
Channel patterns. Channel patterns are types of sedimentary deposits formed by streams and rivers. Collectively, they are called fluvial deposits. Their shape and sediment characteristics are easily identified and enormously complex.
Sale: 0.75512
Target : 0.75102
Target : 0.74814
Target : 0.74339
Target : 0.73965
Target : 0.73533
Stop loss: 0.76355
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
CADCHF reversed from resistance, potential drop!CADCHF reversed off its resistance at 0.73955 where it could potentially drop further to 0.73434.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF SELLCADCHF is in a solid range for a a very long time,,we can expect price to drop downwards of 73800 to the bottom of the range
opportunity presents a good 140-150 pips with as little as 3% risk for this trade
CADCHF-Short after retraceI want to be long CADCHF but it doesn't show that yet. Watching for short.
180 PIP trade CADCHF Here we can see the main area for price action , and a perfect entry for a long and sell.
Here ill be looking to sell @0.75380 and will set TP in the highlighted zone @0.73550.
trade could take couple day but patience will be key.
Ccredit to M for the heads up
Rusty Trading
BULLS FOR CADCHF Price pulled back and respected support before the start of the most recent bullish move. Price has potential to move to our target to complete the bullish move.
CADCHF bounced from support, potential for a further rise!
CADCHF bounced off its support at 0.74721 where it could potentially rise further to 0.75198.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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.
cadchfyesterday we took cadchf sell position,congrat to my followers, to enjoy more signal follow me and dm to join my telegram channel
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.
