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Cadchfshort

Cad Chf Sell The Daily Triple Top!!!!Cad Chf Has A Daily Triple Top. If you use a Fib Retracement tool you can see that literally every level is acting as support. This is a triple top trend reversal pattern on the daily chart. This means that price will move down very far and then the pullbacks can be up to 50 pips... So we have the high , we need a low, then we need a higher low, and a lower low. If you trade the daily chart , this will all happen on hour 4! Use a small lot size, you can open 3 trades with tp1 , tp2, and tp3! After tp1 hits , move stop loss to entry on the other 2 trades for a risk free trade! P.S. Of all the trades I see on the charts, this pattern is the most rewarding and highest probability of being correct.
Short
by RlcTrading
CADCHF Bearish PennantOn the Weekly chart, the CAD has been progressively falling against the CHF from around 11 SEP 2017 in a choppy but progressive manner. The bearish resistance trend line has been a strong point throughout this time and hasn't been broken in a strong manner. Moving towards the daily chart, price has recently rejected the swing high of the resistance trendline and now I am of the opinion that CADCHF is now ready for a bearish push. My targets are around 40 - 80 pips fall however since we are in the direction of the overall trend the fall may be much stronger and longer.
Short
by IllusiveShroud
1
CADCHF Sell opportunityIf you don't want to buy AUDCAD, consider selling CADCHF, since they mostly move relative to each other and selling pressure is significantly higher on this pair. Again we see a broken trendline, ascending this time, awaiting a possible retest. We also see the presence of the 61.8 Fibonacci level that could also present a temporary support, even though I believe that the price has already reacted to the level and will continue downwards. Overall sentiment is bearish. Good luck and follow me for more! (excuse the money triangle)
Short
by UnknownUnicorn4565572