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Cadchflong

CADCHF approaching support, potential bounce! CADCHF is approaching our first support at 0.7361 (horizontal swing low support, 100% Fibonacci extension, long term descending support line) where a strong bounce might occur pushing price up to our major resistance at 0.7471 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
1
CADCHF approaching resistance, potential drop!CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement ) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension , 61.8% fibonacci retracement ). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
1
CADCHF - INTRADAY - 12. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!! FREE VIP SWING SETUP 1 HOUR Bearish 61.8% Retrace from previous X-A Wave and pullback 4 HOUR 4 Bearish H4 Candles in a row taking out buyers before heading back up DAILY Daily bearish reaction after a strong move and Key level retest at 0.76000! LEVELS BUY CADCHF @ 0.76250 SL @ 0.76120 (12 Pips) TP @ 0.76450 (20 Pips) RR: 1.62, INTRADAY Setup! Enjoy our limited Content and Setups, leave us a like and Comment!!
Long
by DACapitalTrading
7
CADCHF approaching support, potential bounce! CADCHF is approaching our first support at 0.75901 (Horizontal swing low support, 61.8%, 100% fibonacci extension, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.76495 (Horizontal swing high resistance, 100% fibonacci extension, 76.4% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill