structure abcd fib retrecemnt 61.8 fib extension 1.414 fib inversion 1.618 ********* wait for ********* RSI oversold double bottom
We will sell below 0.74000 until it reaches first target 0.73330
If price goes above the yellow line, it invalidates the trading idea. Sell the pair up to 0.71957 then wait for Buy Signal to go LONG up to 0.75747
Looking at the daily time-frame for cadchf , we can see that the pair is making a lower lows then a bullish correction . We have 2 fibs extension and inversion that comes @0.75585 and an abcd pattern completion + a bat pattern . Is this the end of the bullish trend !!!
We've bought Swiss franc, Bearish bat - see the chart I posted last week below.
Hi all, Today the CADCHF has hit the trendline. This is a good entry for a short position. ----------------------------------- INFO ON THIS TRADE Entry: 0.747 (current market price) Stoploss 0.7605 Target 1: 0.724 (Risk:Reward = 1 : 1.5) Target 2: 0.699 (Risk:Reward = 1 : 3.34) When being 100 pips in profit, move stoploss to...
CADCHF broke the ascending channel. We place a SELL STOP order at 0.73958, risking aprox 25 pips and expect aprox 100 pips profit
bearish bat with interesting RR on cadchf TP1 AND TP2 at 38 and 61 AD leg stop loss 25 pips above x
Canadian Dollar / Swiss Franc have just completed leg 1 to the upside (x-1 / in blue) and a possible correction have now come in to play. However, on the larger time frame price have reach a major supply zone and if the S1 curve becomes penetrated, then further gains to the downside can be expected. The plan is to trade the 3rd leg/wave down to the S1 curve which...
A five-cent range may serve for a change of direction on daily basis. If that is the case, the price would seek the falling trendline (blue-traced line). Happy trading! ______________________ WANT TO TRADE THIS ANALYSIS? Contact me for trade signals: insidemarketfx@gmail.com / Skype: @insidemarket168
Looks lika a valid double top. There is some structure but long time ago
Good morning traders, We could have an AB=CD pattern on CADCHF , I´m entering long with the breakout of the triangle , with SL 0.7181. Manage your lot size because distance to SL is wide Good luck, Josep Pocalles
CADCHF - Pending sell idea. We included 3 charts for the 3 timeframes which are the hourly, 4 hourly and daily. Enter at CMP with stop loss at 0.7350 and take profit at 0.7176
The Swiss franc has seen some action as traders move in and out of safe-haven assets, no matter what the Swiss National Bank implements (franc futures has a .82 correlation with gold). With the ECB hinting that more quantitative easing is possible ahead of the rate decision March 10, the SNB may feel obliged to intervene to stop any significant appreciation in...
Potential bearish cypher , with potential a bearish shark superimposed for extended profit target. We've entered just above bottom of A leg