This pair has shown it found value around the options expiration line below price as I type this. I expect it to retest said line, to then move higher up, reaching the previous week high at the very least. Look for a solid directional move up on the NY open tomorrow as confirmation, for now a limit buy at or around the options expiration line should be a good idea...
Hi all, Potential trade coming up on EUR/CAD. Notes: EUR -1, CAD +5, correlating sister pair is CAD/CHF, (CHF -2). Price have surpassed a strong area of support which have now become resistance, expecting market to retrace to our potential entry for a short position. Target will be recent lows. SL: above entry. TS: 50 pips. Dec 04: Currently awaiting pullback...
Bearish setup, around 0.85's area, stop to go above 0.8511
CADCHF has been in an upwards trend on the daily. - Strong rejection at weekly trend line, lining up with .382 retracement. Will look for a breakout trade on a lower time frame to enter short.
The Canadian dollar rallied globally last week whilst the Swiss Franc fell. Please ignore the other chart I published about this. I have no idea how to delete them and put the wrong entry price on the other.
Bullish BAT pattern completion @0.858's area, stops to go below 0.857
CAD/CHF D1 formed a double top today. This area is also a supply area of the pair, and it will likely be reversed from here. Take it or leave it: No technicals, no indicators. Tight SL, high R:R trade.
CADCHF ... Liking a long to 0.8515 on a break of Trendline
Masih terjebak dalam triangle pattern dan minor support, pair ini tidak berubah banyak. Apabila terjadi break up dari triangle pattern, maka target bullish pada minggu ini dilevel 0.8611 Apabila terjadi break down maka bearish target pada 0.8350 Analisa minggu lalu (last week analysis) :
LONG AT .786 AND WILL STAY LONG AS LONG AS IT IS ABOVE .786 FROM LOWER BOTTOM.
Bullish pattern completion @0.8455, stops below 0.8425
English : Minor support will be important level for this week. If this level can hold bearish power, medium bullish target at 0.8540 or at resistance trianle pattern. If this pattern break up, maximum bullish target at 0.8600 as double top. Pay more attention on triangle perform, if breakdown happen, bearish target at 0.8350 Indonesian : Minor support akan jadi...
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
It is clear on the chart what happened to CADCHF. Depending on the coming up news, the direction will be taken.
Hi, As you all know the long term bias for CADCHF is bearish. Just look at the weekly time-frame. In the Daily time-frame we've seen a correction to the up side (that I called it A leg of a ZigZag) which lasted 201 calendar days. Now I've waited for the B leg correction and as time unfolds it seems to be a Symmetrical Triangle which has already shown its "d...
Gartley, and exhausted ABCD forming. along with CAD possible weakness. I mean .618 not .786
Today's bullish candle (still in formation at the time of this writing) follows yesterday's very bearish candle which culminated at a previously established support level. The 200 EMA is also here. As such, I think the market may be finding support here, and the bull trend may thus be ready to resume. I'm long at 8404, with my stop at 8374 and my target profit at...