Cad/Chf

The pair now is falling down after facing the strong resistance level @ 0.9290 , i expect this pair to continue moving down to correct the bullish uptrend in the last 2 days as indicated in the H4 chart , i don't suggest to buy now , the pair will go down to face the support level @ 0.9189 then @ 0.9159 which we can buy while facing any of them .

http://img515.imageshack.us/img515/7766/cadchf.png
After the last trending up as shown in the chart , we can predict the falling down of the pair at any time , so i suggest to sell the pair on long term when it is beginning to fall , sell with targets @ 0.9189 , 0.9158 then @ 0.9127 . Good Luck

As we see from the shown H4 chart , the pair is moving in up trend here and a support level at 23.6 % will push the pair upward so we can buy now with target profit at 0.9277 where there is a resistance level at this point .


Attachment 991

i think that we should wait until CADCHF reach 0.9230 then we can buy @ this level as we have a strong support level @this level our tp1 will be @0.9290 as we have a strong resistance level@this level.

Quote:

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Originally Posted by hazem ahmed mohamed

i think that we should wait until CADCHF reach 0.9230 then we can buy @ this level as we have a strong support level @this level our tp1 will be @0.9290 as we have a strong resistance level@this level.

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thanks for sharing .cad/chf very good pair to trading today.if you have time then please more tell us
about this pair.
thanks and happy pips

http://img542.imageshack.us/img542/7766/cadchf.png
This pair has broken the uptrend line and beyond it , the question now is does it will continue moving down and break the resistance level @ 0.9167 (38.2%) or it will reverse its direction and move up back to the uptrend , i think the pair will break the resistance level too and continue moving down till reaching the resistance level @ 0.9113 (23.6%) which is can considered as a target point to sell this pair with it . Good Luck

The uptrend there shown in H4 chart , and a support level at 38.2 % will make the pair to move upward in next hours till reach the resistance level at 23.6 % and make retest so we have a chance to buy so we can make buy with target profit at 0.9244 .


Attachment 1084

http://img716.imageshack.us/img716/7766/cadchf.png
Right now , we have two trend lines as we see in the H4 chart , the pair now is approaching from the short term one and as it is a weak trend then we can't expect what will happen with it , i prefer to wait for the pair to break this trend then sell the pair with target @ the long term trend which will reverse the direction of the pair and push it up again in my expectation , Good Luck

Quote:

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Originally Posted by gemmy

The uptrend there shown in H4 chart , and a support level at 38.2 % will make the pair to move upward in next hours till reach the resistance level at 23.6 % and make retest so we have a chance to buy so we can make buy with target profit at 0.9244 .


Attachment 1084

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yar main na kafi kushs ke ka trading main muja indicator ka bara main thori boht samja a jaya lakin aj tka muja indicator ka bara main koi boht zada samja nahi aye ha es lya mara baihi main ya sakeena chata hoon k indicator ko kasa used karta ahn.

From H4 chart shown , the pair has broken the upper side of the triangle shown , so i think we will have a great chance to buy now as the pair will continue upward in next few hours till reach the resistance level 23.6% and make retest ,



Attachment 1182