Cadchfshort
Cad/Chf Reversal Soon Update!Price could reject this Yellow trendline and go straight down from here.....
Or Price could Go Up To Resistance and Reject Resistance and then Fall Down...
Use your entry reasons to enter sell as soon as the reversal happens!
Some people use the 5sma and 10sma Crossover...
Some People Use Trend LIne Breakouts....
Some People Use Candlesticks Only.....
Its up to you!!!! We watch this closely from here!
Cad/Chf Almost Ready For A Reversal (Divergence On Oscilator)Cad/Chf is near ready for a reversal. As you can see on the chart with hour 4 , Divergence has been spotted! Does this mean to enter a sell right now? ABSOLUTELY NOT!
So how do you enter a sell? You can enter with many confirmation tools.... Such as A Moving Average Crossover, Candlestick Analysis, Etc!!!!!
These Yellow Zones on the chart was created on the Daily Time Frame because when you trade, you always draw these zones on the time frame higher than the one your trading on!
So wait for price to hit the daily resistance level on HOUR4 Chart... Then Find your reason to go short!
Happy Trading!!!
Cad/Chf Is still A Sell!As you can see from simple candlestick analysis on the daily chart , as price moved up to the trend line you can see that buyers have nearly lost all of their steam!
So We have a Very Nice Opportunity to go short for 3 to 5 Days! Patterns like this are always more rewarding when we spot the on the daily chart. On the 4 Hour Chart price has formed a small double top at this area as well!
So if you followed my idea from last week to short , keep the short going!
CADCHF Consolidation Zone Options On the CADCHF is testing the consolidation support of .7380 with the ADX over 20 and the Stoch leaving the SELL zone and Oil in the SELL zone on the daily and 2hr respectively there is more of a probability that the bearish run is xoming. However for myelf I would have to see the BEARS reject the .7380. The target level I would be looking at is the .7250 area to the .7150 area.
If the BULLS are able to hold that support area it could push back up to resistance highs at around .7600
If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
What are YOU fighting for?
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
CAD/CHF: Swingtrade-Opportunity!#SellHey tradomaniacs,
welcome to another free signal!
Important: Wait for the retracement back to entry and sell!
-----------------------------
Type: Swingtrade
Sell-Limit: 0,74555
Stop-Loss: 0,74811
Target 1: 0,73585
Target 2: 0,72816
Point of risk-reduction: 0,74124
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)