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CAD/CHF: bullish envolving patternI this update as I do in the comment box in CAD/CHF where I was shorting. My bearish movement was a good expectative, but price action show us a bullish envolving pattern that you must to be carefully, because in that point we're in the market reversal. Also, I want to share in H4 that we're in the bearish channel, and also we forming like a descending line that in any moment as we see a bullish signal, we could to break-up this market structure in this par, and this it's look very interesting to trade in long position. This it's the descending line that we could to see better in this zoom up. So, at the moment, I'm in long position from this morning that I update my position in the comment box in CAD/CHF where I was shorting very good and at least I get 2.60% in profit in this trade with 27 pips in profit. But not bad, but I see that CAD can to strength now. Technically, we see 2 point to be pending in $0.7558 CHF and $0.7390 CHF. My Stop Loss it's around $0.7269 CHF and take profit until $0.7390 CHF. Good luck!!!
Long
by harisonhbn9718
8
CAD/CHF: Possible opportunity to longCanadian Dollar/Swiss Franc it's one of my analysis that I check out and I was in short, but I loss this trade in the first as I analyzed with my iphone and my iphone I suppose that I can't to analyze it than using a computer or laptop, a better way to see full the chart. Ok, now, so, I believe that Canadian Dollar look strengthen in the trend, what we could to hope that CAD down a little like 40 pips and find bought in the smart zone like $0.7406 CHF, And this bullish movement could to up to $0.7500 CHF. i calculate that this will be an opportunity of 97 pips approx. to find up bought This it's the H1 and I identify a bullish divergence in the RSI, what in this part I was liquidated. But now, I understand that bullish divergence mean change of trend. Now, we expect this opportunity to long Meanwhile, in Daily timeframe it's look that made this break-out of this bearish channel, what bulls are interested to buy. I hope that this analysis support you. i wil keep update when CAD/CHF raise at least $0.7406 CHF, i suggested to put an alarm at this price when hit down.
Long
by harisonhbn9718
XRP it's ready to find the $0.22 cents as next supportI'm analyzing XRP from weekly timeframe, and I believe that XRP it's in the clearly bear market. Also, I'm very attract in this cryptocurrency as this it's one of my first crypto to buy first as XRP would put the price very cheap to bought a lot XRP, at least for me. But in my personal, I'm using a broker that you can to use cryptocurrency as collateral and you can to accumulate it, you can to trade whole financial market, including my favorite market Forex, and also stocks, crypto, and much more. Also, I will talk about this analysis, becuase after this rally in XRP mark the historical maximum of almost 1.90 USD on April 2021 and later of it, we formed this bearish descending triangle indicating a reversal of the trend. I remember that like on December 2021 and January 2022 that XRP it's forming a descending triangle that we could to expect a possible crash in XRP as perspective, and right now, my prediction was as I predicted it. That later of one year that XRP reach $1.90 USD, XRP it's around $0.33 cents and I mark a next goal to reach $0.22 cents. Now, I'm preparing my big bag of my life to invest in XRP during 2022 to 2023. Because I'm a believer in this cryptocurrency and what kind of this cryptocurrency it's. XRP will work as 4th industrial revolution in the world that this crypto will work for the modern ERA of the financial system using XRP as money. So guys, I hope that this analysis take a perspective that you can to work better in your investment in crypto. Also, I will pending the candlestick if it's a good moment to short XRP or in Daily timeframe too.
BITSTAMP:XRPUSDShort
by harisonhbn9718
1
CAD/CHF: UpdateAs I said in my past analysis in CAD/CHF to short, I update what happen now. The CAD made a weakness in the analysis in based the correlation with USD that weak today about that hike interest rates to 2.50%. I expect that CAD/CHF make retracement so near of my price entry, but I will continue hold this short position. We continue in this descending channel. I put a break even to $0.7502 CHF. and my target will be to $0.7420 CHF. Around 66 pips to find down. I share my lonk to related idea about this par. Good luck if you short CAD/CHF above of $0.7480 CHF, My entry price was $0.7486 CHF to short. At the moment, I'm in profit personally with over 30 pips earned. I will udpate my USD/CAD trade to short, becuase I'M IN PROFIT TOO, but in some hours. Keep update!!!!
Short
by harisonhbn9718
3
USD/CAD: Bought by fundamental news in USDThe U.S. Dollar start with good news vs. the fears in the global economic slowdown in the global financial market. Meanwhile, I see a good opportunity to long this position U.S. Dollar/Canadian Dollar in H1 timeframe. For that, I put a buy order limit to $1.2880 CAD with Stop Loss to $1.2816 CAD (64 pips) and target to $1.3054 CAD (174 pips) Meanwhile to recall, on Wednesday, we have a important economical news about interest rates where the FED it's being intensify the global monetary policy tightening inflation data, and where FED suggested more aggressive monetary policy. But economist expect that FED move and increase the interest rates for 0.75%. So guys, i hope that this economic news become bullish and optimistic at favor of the bullish trend sentiment I hope that this idea support you!!! Good luck!!!
Long
by harisonhbn9718
7