Take a look at CADCHF. The pair broke and closed above a key daily resistance last week. The price is currently consolidating with a narrow horizontal range, retesting the broken structure. Your intraday bullish confirmation to buy will be a bullish breakout of the resistance of the range. 4H candle close above 0.6643 will confirm the violation. A bullish...
seems like cadchf has already bottomed out and preparing for massive bullish rally in coming weeks descending channel breakout has already confirmed in daily timeframe retesting in process incase of successful retest expecting 400 pips bullish wave
Not too long ago I had published an idea about the $FX:CADCHF. Go check it out! However, I never took my eyes off of it, and due to that it made me dig deeper from a higher perspective... I came to the conclusion that this particular pair recently experienced something that's more than likely going to shift it's momentum for some time. My reasoning.. Daily: 1....
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance In a longer term descending channel Longer term downwards trendline touch The CAD is the 4th weakest major currency whereas the CHF is the 4th strongest major currency 12K short position increase for the CAD 3K long position increase for the CHF Bullish Confluences ...
Welcome back! Let me know your thoughts in the comments! ** CADCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds I expect the price to move higher further after pullbacks.
There has been an evident downtrend since June 2022. The price continues to bounce on the resistance, just to come down and make a lower high... However, there has been somewhat an established strong support as of late around 0.64666. We will most likely see short term upside to 0.6629. And if it fails to break the resistance and come down, then the short...
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 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6590
CADCHF formed a cup & handle pattern on a daily time frame. The neckline of the pattern was broken yesterday. It now turned into a strong support. The market may go much higher now. Next resistance - 0.66 ❤️Please, support my work with like, thank you!❤️
My dear friends, Please, find my technical outlook for CADCHF below: The instrument tests an important psychological level 0.6543 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6514 Recommended Stop Loss - 0.6558 About Used...
Hello,Traders! CAD-CHF is making a Pullback from the horizontal Resistance level of 0.655 And I think that we will See a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Entry : 0.65196 SL : 0.64991 TP : 0.66221 RRR : 1/5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
CADCHF Daily IRL taken. Next DOL = Daily ERL Strong H1 market structure shift. BOC Interest Rate announcement tomorrow morning, expect volatility.
Price is reacting off our buy entry at 0.6492, and we could possibly see price bounce off this area as there is the 61.8% fibo retracement and 78.6% fibo projection, showing fibo confluence. Our stop loss is at 0.6470, which is the previous swing low support level, and below the 78.6% fibo retracement, to give price space to breathe. Take profit is at 0.6539,...
Pair : CADCHF ( Canadian Dollar / Swiss Franc ) Description : Breakout the Upper Trendline of the FALLING WEDGE Pattern and Completed its Retracement. Rejecting from the Strong Support forming Double Bottom Pattern if it Breaks the Daily Descending Trendline and Retest then we can Look for Buy
My dear subscribers, This is my opinion on the CADCHF next move: The instrument tests an important psychological level 0.6499. Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6491 About Used Indicators: On the subsequent day,...
Price has distributed above friday and london high now waiting for that ob to get hit so we van go for a new distrinution