Price have now pulled back to the Primary MIDAS Resistance Curve (R1) which represents fear and greed in the market. Momentum is approaching overbought territory (+ creating a divergence) while closing in to the 50 and 200 day MA which price is trading below. A spike up in price into the supply zone would be great for an even better price to go short. Additional...
Looking in from the monthly, weekly, daily, multi time analysis is suggesting and showing a huge strong down trend macd divergence. Got CHF CPI news coming up - up that is good and will help out our trade. Price has broken key .7000 level. TP Set at .69200 - will watch and may manually move to .68800 if there is strong momentum
I think price is on a support and we have a really good RR. entry: at the price Stop Loss: 0,7050 Take profit: 0,7310
Last night my CADJPY buy trade reached the take profit earning +720 pips of realized profit. Now with this chart I answer to a doubt of a member of my facebook group about CADCHF. He sold for the short term, but of course his entry point was a high risk entry. CADCHF shows in the highest time frame a Rotation of the Man Trend, from bearish to bullish. In the...
Showing divergence and next monthly pivot we sell
Description is on the chart. Complete order flow analysis: AUD +5 CAD +7 CHF -7 EUR 0 GBP +3 NZD -1 USD 0 JPY -5
In view that CAD will strengthen short term, when the smaller correction shown in the chart is complete buying the pair near the trend line looks a good idea.
There is forming cypher pattern, good chance to get in with high risk reward
Going short. Means oblivion if it breaks below the triangle. Look for price action
Hello everyone we have a bullish trade based on price action and harmonic patterns . Targets have been highlighted on the chart. Even though the price could go a lot higher. Good Luck For info: kevinsdhaliwal@hotmail.com Twitter: kevindhaliwal1 IG: AllTradingIdeas
Typical wolfewave. The impulse from 4 to 5 almost ended. now it is in correction state of the last wave. Can actually rise from now, cause of that. But i prefer to wait a little bit more
I think CADCHF has hit a major bottom. It may not be an easy hold on the weekly scale since it may require a quite a bit to develop, but the 4hr is showing a very good opportunity to go long with an attractive asymmetric risk/reward.
Hello everyone bullish trade based on structure and also potential pattern. The target for now is highlighted on the chart. Good Luck For info: kevinsdhaliwal@hotmail.com Twitter: kevindhaliwal1 IG: AllTradingIdeas
QUICK ANALYSIS: ( ... This is all educational, not a trade recommendation ... ) First, thank you to @fmg for this timely request in the $CAD/Predictive Room. Second, here is a potential Geo completion at its 5'' position ... Predictive/Forecasting Model recommends waiting pending 0.76940: Per Geo's Off-Set Rule #3, a high-probability target is defined at the...
Wave 3 and 5 give us bullish divergence, also ending diagonal pattern. I think it will be go up! Limit buy 0.71235 SL 0.70725 (Support Level) TP 0.74500 (Fib arround 50-61.8%) What do you think guys about my setup? *Sorry forgot to label wave 3 and 5. The important thing is the market give us divergence!
Over the last year a very large triangle pattern has formed in the CADCHF pair. This gives us a great long term opportunity to buy. Stops would be below the boundaries of the triangle. Good Luck and Happy trading !