cadchf seems buying zone if breaks 0.7270 a drop we can see if hold then 0.74 is reachable Buy cmp 0.7315 sl 0.7250 TP 0.74
After complete cypher pattern. price drop and make a divergent. if price make a inverted head and shoulder, i will find good price to entry.
Looks like a great long opportunity. First T/P at a retest of the resistance area.
Weekly Range forming Quad/Quintuple Bottom. New Higher Low formed at bottom of range with Bullish engulfing proving momentum.
We are now long CAD.CHF. 1 - .7400 Psychological level. 2 - Low-test candle formed into high confluence zone. 3 - Price retesting trendline dating back to 01.06.2010 4 - Price retesting trendline dating back to 15.01.2016 5 - Bullish RSI divergence Have a great day.
look for lower degree correction after breakout
CADCHF 4 HR - Bullish BAT Type 2 with DIV Harmonic "Type 2" reversal with divergence on RSI retest. RSI rolled over.
Bat Pattern B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 (1.618, 2.00, 2.618) Final X to D: 0.886 AB= CD extension 1.618, 2.00, 2.24, 2.618
Quite a drop for CADCHF this week, Swiss news have been rather positive this week compared to Canada. Not much news for this pair next week, let's focus on this Bat Pattern instead. PRZ acts as a good suppport level Price about to hit PRZ anytime RSI still at oversold level R:R at 1.3 (TP1) and 2.1 (TP2) Wait for : Signs of rejection at PRZ RSI to...
Harmonic bullish pattern complete in the 7580 structure zone. Looks like the bulls are taking over on the lower time frames. In a longer-term bearish market, I'm going for conservative targets: 7610, 7650, and 7690. Please trade responsibly and thanks for your support! Follow me on Instagram @Blu.FX for more currency trading related content! :)
CADCHF 1H Resistance:0.76330 Support: 0.75450 - 0.75330 This is not investment advice
We take a long position at 0.7665 to book profit at 0.7720