CADCHF / 1D Hello traders, welcome back to another market breakdown. CADCHF has been reversing the trend higher. The price now is still trading at a Key level. I'm still waiting for the breakout before additing more longs. Trade safely, Trader Leo.
Price is testing major resistance at 0.6806 which is an overlap resistance that stretches way back. It also coincides with the 23.6% Fibonacci retracement and a descending channel resistance. If price were to reverse from here, we could see it drop all the way to support at 0.6626 which is an overlap support and 61.8% Fibonacci retracement. Please be advised...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The market has been experiencing a strong bearish trend for many years. A Breakout-Sell (BOS) occurred 10 years ago with heavy volume. Last year, a liquidity sweep candle was formed after the breakout, indicating a further downside move. Back-to-back strong bearish candles suggest that bears are still in...
Hi viewers, CADCHF price is break zone, here now after yesterdays CHF rate cut still bullish continuation in next periods expecting TP1: 0.68650 (50) TP2: 0.68950 (80)
price has been consolidatiing between 0.67288 which is my support zone and 0.68155 which is my resistance zone. a break and close above resistance should see price continue its tragectory upward
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.
The analysis of the CADCHF chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️
Probability: ~19% Reward (Target 1): 989 pips Reward (Target 2): 1422 pips Reward (Target3): 1829pips Risk: 44 pips Risk to Reward: 60 (34for target 1, & 48 for target 2) Aggressive entry 94.111 // OANDA Feed Conservative Entry 93.629 // OANDA Feed Stop loss 93.193 // OANDA Feed Take profit 1: 103.852 Take profit 2: 108.297 (Classic resistance) Take profit 3:...
Hello,Traders! CAD-CHF is ranging below The horizontal resistance Line at 0.681 and the pair Is about to retest and after That I will be expecting A local bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
CADCHF - Classic bearish pattern - Our team expects pullback SUGGESTED TRADE: Swing Trade Short CADCHF Entry - 0.67882 Sl - 0.68176 Tp - 0.67444 Our Risk - 1% Start protection of your profits from higher levels. ❤️ Please, support our work with like & comment! ❤️
My dear followers , My technical analysis for CAD/CHF is below: The market is trading on 1.67896 pivot level. Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.67692 About Used Indicators: A pivot point is a technical analysis...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
✅CAD_CHF is set to retest a Strong resistance level above at 0.6825 Which makes a bearish pullback a likely scenario With the target being a local support below at 0.676 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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CADCHF is forming a triangle. Inside the range, I drew a local upward support line to clearly understand the situation. A consolidation is forming that prepares the price for a resistance breakout. TA on the high timeframe: 1) A consolidation in the 0.68000-0.67200 range is forming after a rally to 0.68030. Buying market is quite strong 2) The liquidity area,...
MONTHLY IS BEARISH BUT CURRENTLY BULLISH RETRACEMENT weekly is bullish daily is bullish WAITING FOR 4HRS BULLISH REVERSAL PATTERNS WITH CONFIRMATION TO GO long
Trying CADCHF higher here. We've recently broken out of the 100 DMA which has been a good indicator of trend for a while. I think the narrative has changed, CAD is doing well with a hawkish BoC and a good economy while i think that the SNB could disappoint on Thursday. CHF has been bought for a while on the basis of global growth worries which i think subsided a...
CADCHF is approaching the top of the Channel Down pattern since May 2022, which is a little lower than the 1D MA200. The 1D technicals have turned green (RSI = 58.741, MACD = 0.003, ADX = 49.805), which indicates that we are entering the long term sell zone. The ideal sell confirmation will be after the 1D MACD makes a Bearish Cross. We will after the Cross is...