📉 Overview:
CADCHF is shifting from a downtrend to sideways movement, signaling a potential bullish reversal. A sharp bullish divergence and a strong 97% bullish market sentiment enhance the likelihood of an upward move.
📊 Technical Analysis:
Transition from downtrend to sideways, coupled with a bullish divergence, sets the stage for a potential bullish...
Here is my analysis for CADCHF on D1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
I've been tracking the selling of this pair for some time and I think it's time for a correction. Yesterday we saw a big sell off presumably to clear out some stops which lead to buyers coming in and an interesting daily candle close. That's just the story but if you're looking for technical evidence it's lining up nicely with the parallel dynamic...
CADCHF is trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and getting ready to break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 0.6450 region.
Will the bulls take charge again continue for leg higher?
The price could breakout of the buy entry and rise higher to the take profit level.
Buy entry is at 0.64577 which is a pullback support.
Stop loss is at 0.64268 which is a multi-swing low support.
Take profit is at 0.64915, which is the multi-swing high resistance that aligns with the 78.6% Fibonacci retracement level.
High Risk Investment Warning
Trading...
CADCHF is currently situated within a major demand zone characterized by the creation of multiple equal lows. A recent observation of a ChoCh pattern is a notable indicator for a potential reversal continuation. Anticipating a rally, our expectations extend towards the recent Order Block (OB) and potentially beyond, targeting the identified Major Supply zone.
Overall trend is down. Selling from area of imbalance. Sl set above the orderblock. Making risk free at 1:1 rr. Huge liquidity wick further reasoning to go to the downside.
The price is on our buy entry and could breakout and rise to take the profit level.
Buy entry is at 0.64574 which is pullback support level.
Stop loss is at 0.64364 the multi-swing low support.
Take profit is at 0.64838 which is the pullback resistance and it aligns with the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on...
✅CAD_CHF price grew again to retest the resistance of 0.649
But it is a strong key level
So I think that there is a high chance
That we will see a bearish move down
SHORT🔥
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🔹 Post Static Level Breakout in Daily Timeframe: Following the breakout of a static level in the daily timeframe and subsequent weakness, there's a possibility of a false breakout with a strong upward movement.
🔹 Entry Trigger on Exiting Consolidation: Exiting the specified consolidation zone can be considered as an entry trigger.
🔹 Potential Downward Movement:...
Hello Traders
In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET
today CADCHF analysis 👆
🟢This Chart includes_ (CADCHF market update)
🟢What is The Next Opportunity on CADCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Having recently identified a Breakout Structure (BoS), we are presently anticipating the price to acquire liquidity in proximity to the identified Order Block (OB). Concurrently, we await the price to fill the Former Value Gap (FVG) that has been formed. Notably, there is a discernible reversal pattern at the summit, indicating a probable retest of the previously...
CADCHF
W1 - The price may push off from the level, a potential rebound to the values of 0.68343; for a confident entry to these targets, it is better to wait for the level to be fixed at D1.
D1 - The price is behind the trend line, a 3-wave structure has been formed, the price has not reached level 161 and the 5th wave has been formed, which can give an...
In the context of CAD/CHF, the essential Fair Value Gap (FVG) has been filled following the identification of a Change of Character (ChoCh). The predetermined Order Block (OB) indicates a bullish sentiment, evident as the price revisited and showed strength around the highlighted levels. Expectations are for the price to persist in its rally toward the next formed...
✅CAD_CHF is going up to retest a horizontal resistance of 0.650
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 0.645
SHORT🔥
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Hello,Traders!
CAD-CHF made nice bullish
Move up but a strong
Horizontal resistance is ahead
At 0.6494 from where I think
We will see a bearish reaction
Sell!
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Happy Weekend Traders!
CADCHF have been accumulating since long time now, price have shown some bullish behaviour and we expect price to rise from this moment. Wait for the price to drop a bit and enter when it falls between our zone.
thanks for your support as always!
