Forex Zone - Forex Forum

CADXMN

Discussion started on Technical

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The cadmxn currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 16.646 with a target in the nearest supply area or can according to their individual tastes

 

Linkback: https://www.forex.zone/technical/11/cadxmn/3172/
#1 - July 23, 2020, 08:44:11 AM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The cadmxn currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 16.6690 with a target in the nearest supply area or can according to their individual tastes
#2 - July 23, 2020, 03:17:21 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The cadmxn currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 16.7075 with a target in the nearest supply area or can according to their individual tastes
#3 - July 24, 2020, 03:47:15 AM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The cadmxn currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 16.7185 with a target in the nearest supply area or can according to their individual tastes
#4 - July 24, 2020, 01:06:24 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
For the cadmxn pair, in terms of trend, it is still strong to go down and our task is to go down and at the price of 16,700 we will sell by using MA10 to point downward
#5 - August 18, 2020, 04:00:10 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Explanation of the daily timeframe: yesterday's Cadmxn daily candle was bearish so we focus on selling  Explanation of the H4 timeframe: our break price area is at 16.71xx and 16.63xx prices, wait for a break  Explanation of the M15 timeframe: the direction of our trendline is in a downtrend, but don't sell, wait for a break
#6 - August 24, 2020, 01:22:07 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadmxn Explanation of the daily timeframe: last Friday the body candle was full bearish so focus on selling Explanation of the H4 timeframe: our breakout is in the resistance support area at 16.6xx and 16.5xx prices Explanation of the M15 timeframe: the current trendline is directed downwards but seems to be narrowing and will go up waiting for confirmation
#7 - August 30, 2020, 10:03:57 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadmxn Explanation of the daily timeframe: the bearish doji became a form of the daily yesterday so we will follow it down Explanation of the H4 timeframe: today's reference price is at 16.6xx and 16.5xx prices as our open positions after the break Explanation of the M15 timeframe: you can see that the current trendline is down, we will sell after approaching the trendline
#8 - September 03, 2020, 12:37:43 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadmxn Explanation of the daily timeframe: yesterday's daily candlestick pair was a bullish pinbar, just focus on buying Explanation of the H4 timeframe: for the H4 timeframe there is a price area around 16.5xx and 16.4xx for the break area, we are waiting for the body to break M15 timeframe explanation: M15 trendline is in an uptrend and we will wait for a pullback then buy
#9 - September 07, 2020, 05:10:28 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadmxn Explanation of the daily timeframe: yesterday's daily candestick was strong bearish so we have to look for sell opportunities Explanation of the H4 timeframe: the candle line breakout range is at 16.1xx and 16.0xx prices and don't forget to break the body first Explanation of the M15 timeframe: for the M15 timeframe the direction of the trendline is still down and don't open sell before the pullback
#10 - October 06, 2020, 06:10:54 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadmxn Explanation of the daily timeframe: yesterday's daily candle the pair is still a bullish doji, we will follow the buy after the direction is seen Explanation of the H4 timeframe: today's price ranges are 16.18 and 16.11 and don't buy before breaking the body line M15 timeframe explanation: m15 trendline is still strong and we will focus on buying after the h4 break
#11 - October 09, 2020, 01:18:18 PM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.