Hello Traders, CADCHF has bounced from a daily trendline. We have pulled back to a 1hour keylevel (green box) and 1h trendline. If we break the upper trendline I am expecting a continuation to the next 1h keylevel around 0.66300. Starting next week I am looking to go long. Do you agree - any feedback is appreciated. Thanks
Hello Traders, we printed a 4h Divergence(blue line) into a daily keylevel (white box). If we break the blue trendline I think its a good opportunity to go short - possible final TP is daily keylevel below around 1820.00. Any feedback is appreciated, specially if you dont agree. Thanks
Hello Traders, on the daily chart price is in a channel. After a bounce from the daily keylevel (white box) we have now reached a 4h key level(blue box). If we break this level I am expecting a retest and a continuation to the above daily keylevel Any feedback is appreciated, specially if you dont agree. Thanks
Hello Traders, On the Weekly Chart we have been slowly trending down in a Channel. 20 Day EMA (white line) has crossed up the 20 Weekly EMA (turquoise line). After break of Weekly Trendline to the upside I am expecting a Pullback to the Trendline or near the 20 Day EMA and then a bullish continuation to 28.000 price range. PS. Be gentle it´s my first idea....