CADCHF already had a double bottom on the daily and is about to go up to upper bollinger band. Sentiment is currently at 90% long so likely to ascend. Exit at first supply zone @0.68
CADCHF has recently formed a double bottom pattern, and for a bullish breakout to be confirmed, it needs to surpass a key level. This breakout is crucial to anticipate a continuation of the upward rally. Additionally, a significant buy back was observed at the major support level, indicating robust bullish activity at the bottom.
hello everyone, there is high possibility of double bottom... price at support zone, wait for couple of bars to be bullish or break out of structure...
target 0.67
good luck
✅CAD_CHF is about to retest a key structure level of 0.6611
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
✅Like and subscribe to never miss a...
🔰 Pair Name : CAD/CHF
🔰 Time Frame : 4H/ DAILY
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SELL
📈From a fundamental perspective, the CAD (Canadian Dollar) and USD (United States Dollar) share a strong correlation due to their economic ties. The majority of Canada's trade is with the US, making it susceptible to economic events and policies in the US, which...
Take a look at our analysis for CADCHF.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.649.
The above observations make me that the market will inevitably achieve 0.655 level.
P.S
The term oversold refers to a condition where an asset has traded...
Hello Traders👋🏻
On The Daily Time Frame The CADCHF Price Reached a Support Level (0.66430 - 0.65980).
Currently, This Key Level is Broken (Support Becomes New Resistance Level)🔥
So, I Expect a Bearish Move📈
i'm waiting for a retest...
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TARGET: 0.65000🎯
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Hello,Traders!
CAD-CHF is going down
To retest the horizontal
Support level of 0.6496
So after the retest I will
Be expecting a rebound
Buy!
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Following on from our last CADCHF post, which resulted in a full TP of 900pips, we have found another great opportunity.
We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade.
Trade...
On CAD/CHF, we have a bearish setup: there's a trendline supporting the price decline. The price at the level of 0.6540 has broken the low of July 21st, and what I expect is a retest of the break, and if there are operational confirmations, one could consider opening a short position. Personally, I don't have a strategic operation in this exchange. What I see is a...
Pair Name : CAD/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
Bullish Reversal...
Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 35 PIP
Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2
Account Growth = 10 %
Pip' Achieved = 70 PIP
Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2 + 3
Account Growth = 15 %
Pip' Achieved = 105 PIP
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
