When we look at the chart we can see that the price is now at a zone that was previous resistance but was able to break above it with nice volumes. What I now want to see and what I am now waiting for is to see what the price is going to do when we are testing that level again because this can become a support zone now. If that is the fact than we could trade...
Price is in a very important zone and has rejected this area several times. I see price buying to the upside with target area at 0.68500.
Today's actions: GBPCAD : the sell streak has been reversed by today's CPI figures. We have thrown out the sell series. News: US stock trading on Monday largely maintained the positive sentiment of the previous six weeks on the first day of a new trading week. The important stock market index S&P500 added 0.6% and is therefore approaching its highest level ever....
A beautiful setup on CADCHF.. Join us on TradingView for more
So once again using my Fib I am buying this pair based off the 0.618 with a TP of 0.65338
🔹 Post Static Level Breakout in Daily Timeframe: Following the breakout of a static level in the daily timeframe and subsequent weakness, there's a possibility of a false breakout with a strong upward movement. 🔹 Entry Trigger on Exiting Consolidation: Exiting the specified consolidation zone can be considered as an entry trigger. 🔹 Potential Downward Movement:...
We have established an uptrend. Looking for a 1:8 - 1:10 RR trade.
Price has been testing this current price area for months now, since it first reached it back in the spring. With it being the all-time low zone, I'm looking for a buy setup here as a possible triple bottom formation seems to be forming. Around 0.68 would be my target level.
LONG TIME TRADE warning . I do not know the unseen. This analysis may be correct or it may be wrong. Please be wise
I have been waiting for this trade for a couple of weeks now. We shall see if it was worth it.
CADCHF - Bearish Trend with Entry, Stop Loss & Take Profit
CADCHF - Bearish Trend with Entry, Stop Loss & Take Profit.
Price broke through previous resistance zone. Anticipating a retest of the newly formed support zone and then a pull to the upside. 4hr/daily chart indicating a possible inverse Head & Shoulders formation which will further support the probability for buys. Support zone may be our possible base for the formation of the 2nd shoulder. 1hr chart indicating price...
Hello guys. It seems that this currency pair has reached the end of its downward trend. At the moment, we cannot talk about the beginning of an upward trend, but a short-term upward movement to the specified resistance area can be considered.
Hello Traders In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET today CADCHF analysis 👆 🟢This Chart includes_ (CADCHF market update) 🟢What is The Next Opportunity on CADCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Everyone. Raising channel 💲 Entry Point : 0.64386 ...
Having recently identified a Breakout Structure (BoS), we are presently anticipating the price to acquire liquidity in proximity to the identified Order Block (OB). Concurrently, we await the price to fill the Former Value Gap (FVG) that has been formed. Notably, there is a discernible reversal pattern at the summit, indicating a probable retest of the previously...
CADCHF finally broke out of the unstable zone. I think we will now follow the BUY trend. Again, I determined an entry point where we would get a good risk:reward with a very small stop-loss.