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hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side
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high level resistance points of current day is main Target
low level stop loss points is avoided
Scalping can be done in this pair with appropriate signals and news.
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high level resistance points of current day is main Target
low level stop loss points is avoided
Scalping can be done in this pair with appropriate signals and news.
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CAD/CHF
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving arevages. Parabolic SR.====
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Cad-Chf - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1. are buy based
Resistance 1 - Resistance 2 - Resistance 3. are target based
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Pivot Point for Trading is- 0.6886
1 Resistance level- 0.6935
2 Resistance level- 0.6965
3 Resistance level- 0.7014
1 Supporting level- 0.6856
2 Supporting level- 0.6807
3 Supporting level- 0.6777
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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
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Everyone made his stretigy by its own opinions.
Some peoples used fundamental approaches, some
people used moving averages and other then used
supports and residences , who help him to make
his stretigy .
Today i discuss about the pair of ---Cad-Chf
My recommendation about this pair is --buy.
After the analysis of residence and supports and its previous movements.
Pivot Point for Trading is- 0.6886
1 Resistance level- 0.6935
2 Resistance level- 0.6965
3 Resistance level- 0.7014
1 Supporting level- 0.6856
2 Supporting level- 0.6807
3 Supporting level- 0.6777
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The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown � 0.8485) which should be broken for the downtrend to continue. Expect downtrend acceleration on the breakdown through this support.
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