Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. My point of interest is if price make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.64500. Like, comment and subscribe to...
Attention Traders! Here's an exciting trade setup for the CAD/CHF currency pair. This opportunity involves a buy trade with a well-defined entry range and profit targets to maximize your potential gains. Trade Details: Buy Range: Enter the trade when the price is between 0.6488 and 0.6490 . Profit Targets: First Target: 0.65750 . Set this as your initial...
CADCHF made a triple top on the daily timeframe in the 0.67 zone, and then an impulsive downward move, showing that the bearish trend is still maintained. And this week there was a nice bearish pattern (pinbar and bearish engulfing) at the Fibonacci levels, indicating that this could be the end of the corrective movement, and that it will resume its downtrend. I...
Hello, Friends! CAD/CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.652 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CAD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the CAD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.642 level. ✅LIKE AND COMMENT MY IDEAS✅
4H Bullish impulse / High: indication. Bullish M pattern: confirmation. Clear support & resistance zone is there. Corrective approach towards entry zone. -68 Fibonacci aligning with entry zone. Ascending trend line is there. = Buy limit.
Hello, Friends! We are going short on the CAD/CHF with the target of 0.645 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Pair Name : CAD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t 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 ——————————— Bearish Break 0.65500...
My dear followers, This is my opinion on the CADCHF next move: The asset is approaching an important pivot point 0.6552 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6579 About Used Indicators: For more efficient signals,...
CADCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
Hello, Friends! CAD/CHF is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
CAD/CHF is rising towards the pivot and could potentially reverse from this level to the overlap support. Pivot: 0.65894 1st Support: 0.65618 1st Resistance: 0.66162 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The price of CADCHF will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
CAD/CHF is reacting off the pivot which acts as a pullback resistance and could fall to the 1st support. Pivot: 0.659903 1st Support: 0.65474 1st Resistance: 0.66173 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
In one of our earlier analysis, we posted a massive short where we banked over 900pips! Now that the bearish trend has completed, we are now in bullish territory. CADCHF is currently in a big bullish ABC correction. Wave B tends to be a complex one and that is what we are currently focusing on. We have 3 trades lined up for CADCHF. Trade 1. - watch for price...
☑Pair Name : CAD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 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 0.64900...
Fibonacci Retracement Levels: The chart shows Fibonacci retracement levels at 38.20%, 50.00%, and 61.80%. The price seems to have retraced to around the 50% level and is currently hovering slightly above it. Moving Average: The 200-period Simple Moving Average (SMA) is plotted on the chart, currently at approximately 0.65750. The price has crossed above the...
The CADCHF pair has been on a strong 2-week rise after the 1D RSI turned oversold (below 30.00) that is testing today the 1D MA50 (blue trend-line) for the first time in 1 month (since May 31). Since the dominant long-term pattern has been a 18-month Channel Down, we expect this 1D MA50 test to deliver a rejection similar to November 03 2023, and resume the new...