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Here is an update on CADCHF .
A few weeks ago I published an analysis suggesting a triangle pattern could lead to a sell-off on CADCHF . Since then we've experienced a further contraction in price action, but everything is visible now and still in line with the Elliot Wave principle.
One of the guidelines for a Triangle pattern is that wave "e" of the triangle can also sub-divided to a triangle and that's what happened in the case of CADCHF as you can see in the chart above.
This gives us a high probability set up with a high risk to reward ratio. Price has already triggered the confirmation level so we could see a rapid sell-off for the rest of the week.
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Evaluasion
only this time I analyze these pairs. hopefully produce a profit. from what I saw, there was divergent.
trend in tf h4 d1 with opposite, I chose to follow the trend up in tf h4.
I try to open an instant position and one pending order.
Position For Order:
instan buy order @ 0.8467
buy limit 1 @ 0.8425
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a swing trading opportunity to the upside has emerged for traders to collect profits on a long play should U.S. nonfarm payrolls meet or beat expectations tomorrow, as renewed growth prospects for the United States would likely fuel inflows back in Loonie-based pairs for at least Friday’s trading session.
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CAD/CHF
0.7450-0.0005(-0.0724%)
17:07:12(GMT)|Real-Time Data, Quoted in CHF
Open
0.7455
Day's Range
0.7439 - 0.7471
Class
Currencies
Bid/Ask
0.7445/0.7455
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Cad /chf
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga.
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Cad/Chf
Resistance level
1.Resistance level 0.7731
2.Resistance level 0.7619
3.Resistance level 0.7543
Supporting level
1.Supporting level 0.7494
2.Supporting level 0.7422
3.Supporting level 0.7387
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Cadchf
canadian dollar/swiss franc
0.74435
chf
−0.00225 (−0.30%)
market open (dec 24 14:01 utc-5)
0.74660
prev
0.74660
open
35.733k
volume
0.74434 — 0.74718
day's range
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Today Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
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Hello guys today at the my analysis for
Today Market trend: Buy
Always follow Long time frame market trend.
that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal on the chart
there is a main uptrend signal as the 12 EMA 24 and 38 are moving above the slow EMA of 46
Current price aur previous price market ke up hony ka ishara de rahe hain
Resistance and Support points bhi market ke up hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
agar ap friends chahte hain ke forex ki trading main se good profit ho to ap ko
ik achi invetment ke sath hi traing or good experice ke sath trading krni
chahye , low investment or low experience main big risk ho skata ha or ap ke
liye dangerous bhi ho sakta hai,,,
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CAD/CHF
0.7460-0.0040(-0.5346%)
03:46:16(GMT)|Real-Time Data, Quoted in CHF
Open
0.7500
Day's Range
0.7384 - 0.7514
Class
Currencies
Bid/Ask
0.7459/0.7461
Symbol
CADCHF
Subclass / Sector
Minor