Thread: Cad/Chf
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Bindas36 (2020-03-01)
we can see that The CADCHF pair on try to break down to more that 61.8 fib (0.9271). Just be aware with more bearish here if on today move price can truly can more move strong bearish bellow that 61.8 fib (0.9271)
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Bindas36 (2020-03-01)
Spoiler:
The position of the current price is below 50 EMA on the hourly chart, momentum is bearish
The position of the MACD is currently under area 0, the momentum is bearish
Trend today: Bearish
Target today: 0.9222
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Bindas36 (2020-03-01)
Today(14-1-13 ) pivot point are-
Resistance 3- 0.9387
Resistance 2- 0.9360
Resistance 1- 0.9315
Pivot point- 0.9288
Support 1- 0.9243
Support 2- 0.9216
Support 3- 0.9171
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Bindas36 (2020-03-01)
When the market going up and up looks like prices will continue to rise and also we can see heiken successful candle closed above the line of high margen. and green marbles are out of line one position had profit. Try to under stand the market trend.
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Bindas36 (2020-03-01)
CADCHF look to move and enter to sideways area (pivot 0.9286). On my see as long as the price then here still move slow near that pivot 0.9286.just wait and see . it's better idea then.
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Bindas36 (2020-03-01)
On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Take profit: 0.9122
SL: 0.9364
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Bindas36 (2020-03-01)
Today(11-1-13 ) pivot point are-
Resistance 3- 0.9482
Resistance 2- 0.9433
Resistance 1- 0.9363
Pivot point- 0.9314
Support 1- 0.9244
Support 2- 0.9195
Support 3- 0.9125
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Bindas36 (2020-03-01)
This also look to be more bearish of course. On my see if then seller can break down to that 23.6 fib at price 0.9352 . make plan for search again for sell OP is better. Look, that this nice bearish was supported by nice bearish pinbar too on 4H TF
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Bindas36 (2020-03-01)
well cad/chf is bullish , but have to wait for the desired area to ride the buy trade 0.9330 is looking nice to ride the pair, its having nice swing, we have to wait for that to trade , if it is going down not to worry but when it will reverse the we will take the trade with max 40 pips of stop loose, just wait for the correct entry point
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Bindas36 (2020-03-01)
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