Thread: Cad/Chf
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the pair price already touched daily support 1 level (0.8500) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (0.8590).
so buy now from 0.8547
the pivot point will be my target
stop loss will be down the support 1 level (0.8500)
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MY ANALYSIST FOR pair TODAY,29 nov 2013 USING PIVOT POINT STRATEGY
sell limit STOP : 1.4730
TP:1.4670
if price close above : 1.4790
the pair will go to : 1.4850
HAPPY ENJOY TRADING...
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analysis for today 11 / 29 / 2013
CAD/CHF (Daily Trade)
Resistance 3 0.8660
Resistance 2 0.8630
Resistance 1 0.8610
Pivot Point 0.8553
Support 1 0.8478
Support 2 0.8458
Support 3 0.8428
BUY 0.8610 STOP LOSS 0.8478 TAKE PROFIT 0.8630 OR 0.8660
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the trend is still up
if indicates the trend is still trade up from : 0.8552
Recommendation:buy
Take profit1: 0.8590
take profit2: 0.8625
Stop Loss :0.8510
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still have my sell position @ 1.4790 in profits,
to be safe set my T/P at@1.4720
Also have a pending order buy @ 1.4860
lets see what happens.
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.
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.
Spoiler:
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TECHNICAL ANALYSIS
CADCHF
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
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.
analysis for today 11 / 29 / 2013
My daily trading,I hope the day is a success ...
CAD/CHF (Daily Trade)
Resistance : R1 0.8608 R2 0.8633 R3 0.8653 R4 0.8683
Support : S1 0.8480 S2 0.8455 S3 0.8435 S4 0.8405
Open : 0.8553
High : 0.8555
Low : 0.8533
Range : 22 Pips
Running Price : 0.8535
For intraday trade today suggest SELL at the level 0.8535 stop loss at the level 0.8608 target take profit at the level 0.8435 or at the level 0.8405
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.
we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.8451
stochastic refers that the pair will go down
so our target sell from 0.8551 and our target will 100pips
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.
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