Risk Reward of 2 is quite good. Let`s wait and see if there is a fill
The pair has popped out of the bullish flag consolidation pattern, after the huge bullish move of the past week. A double bottom around .8475 may signal the uptrend resume; further confirmation comes from the big bullish candle breaking out from the channel.
CADCHF after buy hit target i was talked about .and now RSI broken bullish line again . and also touch trend line . i guess wave 5 end now and time to sell . first target now 8400 break trend line target will be 8250 . invalidation close daily above 8590 and target will be...
If EW3 is completed expected ret. on EW4 at least to 83, possible sub 82 on 5-0 50% ret. for a new long.
From the structure perspective, all 5 EWs are complex in nature. According to wave1 behavior, expected similar wave5 behavior and completion slightly above 85. However, a possible crab completion higher @85.45
CADCHF breached the descending channel. Bearish cypher just above the last high. Bearish bat at structure of previous swing high.
Hello again guys, I'm here once more with a trade idea about a nice looking pair, CADCHF. As you can see from my chart the Head and Shoulder pattern is completed and the neckline is broken. I've also included my elliott wave counts and my targets. The targets are based on Fibonacci Retracements and Projections combined with S/R. (If you don't believe in...
CADCHF is set to rise in a channel towards 0.5 Fib level with confluence of bullish hidden divergence.
This is a nice Cypher Pattern for CADCHF with a reasonable risk-reward ratio
CADCHF exhibits a scenario with a few signs I really like: 1. First are the moving averages. The 50 SMA and 200 EMA are very close to each other, and price is just a shade below both. Moreover, price clearly is responding to this level as a resistance level. 2. At the same time, or rather related to the fact that price is below the moving averages, is that I...
CADCHF buy prefer above trend line . and now touch beaish trend line break target will be 8385 above 8400 target will be 8500. support now 8280 break target will be 8250 and 8215 and there is a clear MACD and RSI divergence . --------------------------------- www.facebook.com freefx1.blogspot.com www.targetforexsignals.com
View Chart: Daily Potential Entry: 0.82834 S/L: Above Entry Potential Target: Recent low (0.82324) R/R: 3:1
CADCHF break 8285 target will be 8205 below 8155. hold on these level good to buy and target will be 8525. --------------------------------- www.facebook.com freefx1.blogspot.com
CADCHF longing for trend continuation, not sure if it can continue to ride
bull run up finding earlier resistance....weekly RSI POINTING CLEARLY DOWNSIDE
Finally a good confirmation for short with this double top on cypher completion. Although, there's a chance of a bat completion this looks good enough.