Invictavis
看空

Pending Breakout on CADCHF (~140 pips)

FX:CADCHF   Canadian Dollar/Swiss Franc
Hey all, it's been a quiet couple of days as I've been closing some great trades after having already met my monthly goal. Despite that, I think it's always important to monitor the market for future ideas that may develop when we're ready to trade. CADCHF             is showing some signs of being a potentially "safer" medium term idea that should come into play within the next week or two. What we have here is a clear overall descending channel on the daily, but if you look a little closer you'll see that the price is making an upward move in an ascending sub-channel of its own. If you'll look back a few weeks, there was a very similar scenario where we saw the price break out of its own channel for a very lucrative descent (on the 17th of April to be exact). The price itself seems to have it its ascending channel wall so we can expect the price to continue moving up to hit any of the outlined S&R levels before making its big break down to Target 1 which is an important Fib level. If everything goes according to plan, we can expect some consolidation and a brief reversal to give way to a further break down to Target 2 which is both a very strong daily S&R level AND a vital Fib level (from the overall structure). The Risk/Reward diagram is merely for illustrative purposes and can be moved depending on the location of the breakout (which might result in a few more pips).

Setup:
Entry: 0.72189
SL: 0.72398
TP: 0.71494 and 0.70753

This is merely an idea so always take the necessary precautions when trading!
交易進行
評論: Target 1 reached! Much sooner than expected but it's a welcome suprise!
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出