Evening Traders,
Today’s analysis – CADCHF –broke local resistance from oversold conditions; next technical target is at structural resistance.
Points to consider,
- S/R Flip retest
- Structural resistance (trade location)
- RSI above 50
- Stochastics in an rising wedge
CADCHF needs to put in an S/R flip retest to validate support, this retest will allow...
WE had a nice daily closure. The price made a complete nice Evening Star candlestick pattern affter this fake breakout.
We have this wedge pattern channel that must be completed, the only wall here is this support zone.
hello guys here is my idea of cad/chf is running 🏃♀️ huge down train almost 80 pips left you can check by your self plz note that this is my idea soo lets see how the market reacts 📊 hit like if u liked the idea
Hello Traders,
The CADCHF may be setting up for a decent long-entry position. On the 4H, price has started to diverge (bearish) from the MACD signaling the current pull-back. I will be looking for Hidden Bullish Divergence to form on the 8H MACD/Price Chart to signal the continuation of the upward trend. If the price pulls back to recent support/50-EMA on the 8H,...
CADCHF - new sell signal printed on our strategy. Last buy signal provided a 1:3 gain and TP3 hitting - lets see how this one plays out for us.
Thanks
Darren
