CHFJPY is approaching its resistance at 111.11 (61.8% Fibonacci extension, horizontal overlap resistance, 50% Fibonacci retracement) where it is expected to reverse down to its support at 111.47(50% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high...
This was a pair that I had posted on my Instagram story and had predicted the 5th Wave from the 1.0000 area. I took a long trade from the major support and psychological area (1.0000) and my target was hit for 1.2% . I did not hold this trade up to my 5TH Wave prediction as personally, I am not a long term trader. ANYWAY... Now that price has had a nice bullish...
The 1.03000 level holds the key for this pair to reverse or continue trending northwards. As the price will likely approach the crucial 1.03000 level which has been respected on many on occasions, it is favorable for many traders to take advantage of this situation and possibly reap huge profits target with minimum stop loss. However keep in mind the certain...
looking at the structure of the swiss, selling might not be the best option right now. with price very low into the squeeze and price in weekly demand (tested) might see a stronger swiss over the next bit on the higher time frames. its important to know who is taking the opposite side your your trade.
WE have entered a short on AUD CHF a nice quick +100 pips trade here a tidy 5 to 1 account builder have a great trading week
Hi traders, The 4-hour chart of AUDCHF shows that the breakout and retest of the Head & Shoulder pattern neckline is a complete 5-3 wave cycle. . The breakout shows a leading diagonal pattern in wave (i) and a zigzag pattern in wave (ii). . Considering that the corrective structure is completed and price also retested the broken neckline that lined up with...
I’m looking at going long on this pair , when price touched the bottom of the range and previous support structure. For questions , drop me a line or two . Many Thanks.
I’m looking at going long on this pair if there’s a pullback into support or buy from the break of resistance depending on the H1 candle . I see an inverse H&S on H4 . Many Thanks
Hi there. Price has formed a reversal pattern at the top of the pattern for one more move down. Watch strong price action at the current price for sell.
NZDCHF is approaching our first resistance at 0.6945 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.9278 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we...
CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur to our major support at 0.7502 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on margin...
USDCHF is approaching its resistance at 1.0130(61.8% & 100%Fibonacci extension, horizontal swing high resistance) where it is expected to reverse down to its support at1.0056 ( 38.2% Fibonacci retracement). Stochastic (34, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can...
Hi All , I will be opening a sell on this pair . For question write me a line or two . Many Thanks.
it should be break the triangle & it seem too break from down
Stop loss, entry price and targets are mentioned on chart.
WELCOME TO DACAPITAL-TRADING! EURCHF FOREX BREAKDOWN 11 MAR 2019 1 HOUR Strong Pullback towards range resistance and our entry! 4 HOUR Bearish market with several pullbacks to the upside! DAILY Bearish with good short entrys now! LEVELS SELL EURCHF ENTRY @ 1.13510 SL @ 1.13740 (25 Pips) TP @ 1.13160 (35 Pips) RR: 1.50, use normal risk! IF YOU HAVE...