HKDCAD trade ideas

UnknownUnicorn890690

GBP/HKD 4H Chart: Channel Up The British Pound is advancing against the Hong Kong Dollar in a supposed medium-term ascending channel. Formation of the presumed pattern began in the end of July, which means that by now it consists of two reaction highs and one reaction low. However, a number of indicators suggest that the second reaction low might appear in the...

UnknownUnicorn890690

CAD/HKD 1H Chart: Channel Up The Canadian Dollar is trading against the Hong Kong Dollar in a two week long ascending channel that started to form after the currency rate left a preceding ascending channel. This pattern is not usual, as it consists of many reaction highs and only one reaction low. The reason behind such distinctiveness is attributed...

UnknownUnicorn890690

CAD/HKD is trading in two patterns simultaneously, i.e., a falling wedge and a channel down. The given combination demonstrates that the Canadian Dollar has failed to reach the lower channel boundary since August 9, suggesting that the current bearish sentiment might change in the nearest time, especially with strengthening trend indicators. The last wave south...

zsizsizsozsohalak88

Waiting for short setup, eighter it will be a big correction to the upside or the start of the downmove the idea now is to sell,

UnknownUnicorn890690

CAD/HKD 4H Chart: Channel Up The Canadian Dollar is trading against its Asian counterpart simultaneously in a medium-term rising wedge and short-term ascending channel. As regards the dominant formation, its lower support line practically coincides with the 55-hour SMA, while the other line represents an upper boundary of the junior pattern. As...

KreditK

No entry until break and retest of trend line, just an idea for several CAD pairs..

HuangZhenWei Updated 

Short to 5.8311

chiefcapitalfx

Checked the 4 hour chart and I see potential uptrend. Retested two points of support, first one shows 0.618 and the second one shows both 0.618/0.50 which can conclude that it will in the future retrace to those levels due to confirmation from previous support levels shown in this analysis. Looking to take profit at the 1.618 on the fib extension.

chiefcapitalfx

Potential XABCD pattern has been confirmed....price has broken out of trendline and should finalise the D pattern.

Devise2Day

Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 39 Currencies (12th Month Statistics) @ drive.google.com Best regards Aaron

Devise2Day

Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (12th Month Statistics) @ drive.google.com Best regards Aaron

josef_trades Updated 

Opportunity to go short. Enter: 5.8400 SL: 5.8600 TP: 5.7200

taksistalo

Looks like the bat formed waiting for last bounce

quinotaur.tr

CADHKD Inverse H&S in breaking with a Pitchfork channel break away. Target 6.500