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By analyzing the CADCHF we can but a bullish chanel to limit the movement of the market inti two trend lines The price is moving at the upper edge of the donchin channel so you may think about selling as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a red bar appears above the level of 0 and it is considered a good sell signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 80 th level Till this moment bearish trend is the choise and also selling targeting the lower edge of the donchin channel is not a bad idea at all http://bigimage.cz/photos/20010103978478815101555.gif
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Based on the hourly chart of the blade oscillator the CADCHF is having a week bullish trend by locating at 0.0011 above the level of balance and the indicator is blue colored that means there is a week bullish move will happen in a short time . By using moving average 5 we will notice a UP slope so 0.8452 could be considered a good stop loss for if there were buy positions as it is considered the last bottom by using the indicators signals. http://imagez.me/photos/20141021141393192214740.gif
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As we can see a green arrow is taking place on the CADCHF chart which indicates that a bullish trend is taking place at the moment.
A bottom located at 0.8345 is supporting the trend for it is a very strong support and if the bullish trend is still strong then the price shouldn't be able to go below it.
The dots from the parabolic sar indicators are shown below the candles which gives a sign of where the price will be heading which is up in this case.
The resistance 0.8465 would be a great place to act as closing positions if we are to be making buying trades since the price might be heading south after hitting it http://bigimage.cz/photos/20010103978483622150396.gif .
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Mujhy is pair ka koi idea nhi hain aur na hi koi trade karta hun mai zayad Eur-Usd pair mai trading karta hun kyu k Eur mai ap acha profit earn kar sakty hain but sab members ko chaiye ke koi bhi trading kare us pair ka knowledge hona chaiye jis sy ap kuch market sy earn kar sakty hain
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By analyzing the CADCHF we can but a bullish chanel to limit the movement of the market inti two trend lines The price is moving at the upper edge of the donchin channel so you may think about selling as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a red bar appears above the level of 0 and it is considered a good sell signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 80 th level Till this moment bearish trend is the choise and also selling targeting the lower edge of the donchin channel is not a bad idea at all http://bigimage.cz/photos/20010103978478815101555.gif
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Cad/chf analysis :
date : 10.22.14
time : 03:00 GMT
time frame : 15 min
current rate :0.8451
high : 0.8463
low : 0.8449
net change : -0.05%
overall trend : slightly Bearish.
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When we take a look on the chart of the CADCHF chart we can find that there is a down red arrow above the price and that indicates that a bearish trend is going to happen also the sell cross between the snake and T3_Clean assure that for us We can use the 0.8345 support as a take profit to cut down the losses if the price goes for the reverse direction or if the price reaches it and still going support in this case the price will keep selling and if the price started to go to the other direction i think that the resistance of 0.8455 can be considered as a good stop loss For now selling is the best choice as long as there are not any opposite buy signal or appearing of a blue up arrow http://bigimage.cz/photos/20010103978491688191441.gif .
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By using the CADCHF hour chart we can have bullish channel and a yellow color of the moving average that means the price is falling up for the current period.
the price will keep falling up till it reach the first daily pivot resistance at the price of 0.8417 as The market opened at a higher values than the daily pivot point at 0.8454 and that only we didn't have any opposite downward signals from the WPR indicator.
For the day we can keep buying till the next resistance at 0.8491 as it is a very strong resistance level.
http://bigimage.cz/photos/20010103978494360210787.gif
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Compared to yesterday we can notice that a new daily opening was lower than that of the last day which implies to us that the trend was taking down direction on the last day.
According to what we saw on the CADCHF chart today we know that a green up arrow signal is taking place below the price proving to us that a bullish signal is taking place for the short term trading.
Taking that case into consideration I do think that the last opening at 0.8465 should be acting as a take profit level as it is at the same time a strong resistance and the price might be having hard time trying to break such level and heading up In the end I do think that following up the trading system’s rules would be the best and that is by waiting for a clear blue line on the check indicator and also at the same time the color of the trader indicator should be green and that of course in order to make sure that it is the right bullish trend before making any attempt for any buy positions.
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http://bigimage.cz/photos/20010103978497605199163.gif
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The up trend taking place at the moment on the CADCHF is taking place according to where the EMAs 5 and 6 which is Above the EMA 35 as a result to that taking buy orders would be the best if a bullish direction confirmation came from the other indicators.
According to the parabolic sar indicator’s dots located below the candles we assume that the price would be taking a upward direction as for the MACD which is currently moving above the 0 level it does give us a buy signal.
Also the CCI line is currently in the Higher level giving us by that a upward signal.
So to sum all that up I do believe that unless any bearish signal do appear buying would be the best option available at the moment.
http://bigimage.cz/photos/20010103978509017161434.gif .