the try is moved up to firmly check the resistance on zero. 8398
if it's breaked we could see the try move up
if this resistance isn't breaked we could see the try move down to firmly check the 1st support on zero. 8218
Printable View
the try is moved up to firmly check the resistance on zero. 8398
if it's breaked we could see the try move up
if this resistance isn't breaked we could see the try move down to firmly check the 1st support on zero. 8218
Cad-Chf
cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
If you have any sell OP here = just be aware with consolidation (first). We see - by using this 4H chart, the price on still sideways near / above that strong demand area (0.9236). Just wait and see. And if here formed a nice bulls candle price action = I see, the probably pullback more bulls can play here (although just bulls correction) then.
todays pivot point are-
Resistance 3- 0.9323
Resistance 2- 0.9292
Resistance 1- 0.9263
Pivot point- 0.9232
Support 1- 0.9203
Support 2- 0.9172
Support 3- 0.9143
In h4 time frame the price is reaching to near it upper trend line and may be this time again price back down. if trend line is break then we can long this at 0.9263 stop loss at 0.9203
Pre-Signal Analysis: bulls
Recommendation: wow .., demand has bounced from 0.9202 nih. find buy with sl below 0.9202
I got a signal in the CADCHF , it is trading in a very clear bullish market condition, the market retraced back and formed a significant pattern with upward pressure:
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD dibawahlevel 0, the trend will remain bearish trend
Trend: Bearish
Target DI Support 0.9189
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend: Bearish
Target: 86.89
Today’s technical analysis
Resistance 3- 0.9307
Resistance 2- 0.9277
Resistance 1- 0.9250
Pivot point- 0.9220
Support 1- 0.9193
Support 2- 0.9163
Support 3- 0.9136
the short signal is very clear by the price chart and stoch indicator as price is moving at resistaning trend line so short it and can hold it 0.9193
weekly analysis-
As per the stcoh indicator in the weekly time frame we can see price is not able to move up side. price is falling continue and stoch indicator is again move in the range of over sold level. there this week we can see down movement and price may be reached the level 0.8900
Spoiler: