cadchfidea

CADCHF showing some bearish potential. Entry - Grey line Take profit - Green line Stop loss - Red line Risk exposure - 1% Hit that follow button if you don't already :)

WE CAN SEE A NICE TRENDLINE BREAK AND RETEST + A DOUBLE TOP PATTERN THE PRICE SHOULD REACH THE MAJOR SUPPORT LVL

Price is currently at the 50% Fib level of that bullish impulse so there is a potential extended bullish move to complete 100% of the retracement. Bullish divergence is evident. SL has been marked. TP has been marked . Risk exposure - 1% Risk to Reward - 1:2 Happy Trading ..

I am anticipating a 38.20% 2H retracement before price rallies to the daily 50.00% retracement level for 50 pips (also the third daily trend line touch). If price breaks the daily trend line we can expect a rally to the next resistance zone (0.75550); However, if price rejects the trend line, I expect the continuation of the current downtrend for the next lower...

Hi guys, i've been looking at this pair for the whole week, and now i think i've found a nice trading opportunity for a counter trend trade. As you can see price has created a double bottom with RSI divergence in a zone that was already on my radar for being a daily structure area. RSI is in a divergence also in the higher timeframes and that's confirming my...