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Cadchfforecast

CADCHF Trading Plan - 04/Dec/2023Hello Traders, Hope you all are doing good!! I expect CADCHF to go Up after finishing the correction. Look for your BUY setups. NOTE: Many of my earlier posts have been hidden by TradingView due to some house rule violation. They informed it after 6 months of me using the watermark for my company name. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
CADCHF BUY 🔍 CADCHF has recently bounced from a significant horizontal support level observed on both the 4-hour and daily timeframes. 📊 We anticipate a re-test of key support levels as indicated on the chart. 📉 Our decision to enter this trade is grounded in technical analysis and candlestick patterns. 🔄 These trades are long-term in nature; therefore, it's recommended to maintain sufficient margin to navigate market fluctuations. Employ effective risk management strategies based on your account size. 📌 Trading Rules: 1️⃣ Rule 1: Once the market reaches Target 1, consider closing some trades or moving your STOP LOSS to the ENTRY price (break-even) for a secure trading experience. 2️⃣ Rule 2: After reaching Target 1, refrain from initiating new trades based on the same signal/alert. 3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently await the next promising opportunity or trade signal/alert. 📊✨ Happy Trading! 🚀 #MarketAnalysis #ForexTrading #RiskManagement
Long
by Pro-Trading-Africa
1
CAD/CHF Long/Buy CADCHF bounced from a major support level on the daily time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Use proper risk management depending on your account size. TRADING RULES: Rule 1: Once the market reaches Target 1, close some of your trades/positions or Move your STOP LOSS price to ENTRY price (break-even) for safe trading. Rule 2: Once the market reaches Target 1, never place a new trade again on the same signal/alert. Rule 3: When the market is consolidating for more than 2 days, please close the trade and wait for the next good opportunity trade signal/Alert. Please like and share for more useful content:
Long
by Pro-Trading-Africa
CADCHF LONG TERM Buying TRADEHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
CADCHF LONG TERM Buying TRADEHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
CADCHF LONG TERM Buying TRADEHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
CAD/CHF Weekly Analysis - Will We Continue to the Downside?CAD/CHF is showing no signs of a reversal on the Weekly chart. We currently have a descending triangle in a bear trend, signaling a continuation to the downside. Until we see a bull signal bar with a confirmation bar closing on or near its high, we should remain short. I would wait for a minor pullback at least to the Weekly 9EMA to short again, depending on how the price action plays out. Key Points: 1. CAD/CHF is in a bear trend 2. Descending Triangle signals a continuation to the downside 3. RSI has room to fall 4. Until we see a bull signal with confirmation, remain short As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful. Trade wisely and let us know what you think in the comment section below!
Short
by TraderEngineering
CADCHF Technical Analysis and Trade IdeaIn this detailed video analysis, we thoroughly examine CADCHF dynamics. We can see that CADCHF has been under significant downward pressure lately, causing it to move towards an important support level. The chart clearly shows a long price drop, suggesting a potential rebound. Our discussion covers essential aspects of technical analysis, including looking at current trends, closely studying price movements, assessing market structure, and exploring other key elements of technical analysis. Throughout the video, we explain these concepts in a straightforward manner to ensure our viewers have a comprehensive and enlightening learning experience. It's important to note that this video is meant for educational purposes only. Please don't consider it as financial advice. Remember that trading comes with inherent risks, so always prioritize responsible risk management in your trading activities.
Short
by fxtraderanthony
CADCHF LONG TERM SELLING TRADEHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
CADCHF I Potential short from resistance 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 straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
1
CADCHF traders look for Buy Opportunities {21/08/2023}Educational Analysis says CADCHF may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why Short? Because CADCHF price is at that place level where got demand thrice by traders. Although this pair has proved that, It's Changing its character and Also traders now looking for an uptrend from this level, and eventually will prove that the Market structure shift and eventually led to a Break of Structure. Analytical Trade would probably be Buy order at 0.65011 Stop loss at 0.64854 Take profit at 0.67815 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Long
by VishalBudhrani
2
7 Dimension Bullish Setup For CADCHFTitle: Exploring Bullish Opportunities through Comprehensive Analysis 🕛 TOPDOWN Analysis - Position and Swing Entry 😇 7 Dimension Analysis - Reversal Entry Time Frame: Hourly 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: The Choch formation indicates that the deep correction move is almost concluded. 🟢 Swing Move: An internally impulsive move is initiating, supported by proper inducement and a completed choch. 🟢 Inducement: Successfully executed. 🟢 Pullback: The first pullback is complete, and a move above is anticipated. Extremal Order Block has been mitigated, validating a low. Time Frame Confluence: Strong areas across Daily, Weekly, Monthly, and Yearly. 🟢 Internal Structure: Bullish choch is confirmed, indicating readiness for a buy setup. 🟢 Trendline Breakout: Initial signal for entry or exit. Hourly trendline has been broken, and resistance breakout is in progress. 🟢 Chart Patterns: Reversal A Head and Shoulders pattern has formed, with the neckline broken and retested. A Bullish Flag has evolved, characterized by a "volume pole," low volume body, volume breakout, 5 to 7 bars, tilt, BO enter, and 38% correction (volatile bear flag is strong). An Ascending Triangle has also broken out on the bullish side. 🟢 Candle Patterns: 👍 Relevance at Bottom: Strong demand area. 👍 Climax Players: Notable appearance at the right bottom, accompanied by a surge in volume, signaling a strong bullish reversal. 👍 Transformation: Color, size, and frequency shift from bearish to bullish candles. Long Wick: Lower side wick indicates active bulls. Doji: Less significant due to the young trend. Momentum: Strict bearish engulfing without follow-up indicates an absence of sellers. Inside Bar: Narrow Range 7 signifies a bullish breakout. Blended Combo: 2/3 candle setup suggests a robust bullish configuration. 3️⃣ Volume: Significant volumes observed before the move ends, particularly noteworthy at the demand area where the price reversed. No volume during internal correction, followed by a surge in volume during the impulsive bull move. Healthy volume dynamics during the entire cycle. 4️⃣ Momentum RSI: 🟢 Zone: Bullish Sideways. 🟢 Range Shift: Transition from Bearish to Sideways. 🟢 Divergence: Regular 5-candle divergence at the bottom before the move signals momentum strength. 🟢 Momentum Shift: Loud move signals a shift in momentum, indicating reduced bearish sentiment. 🟢 Oversold Rejection: Previous low rejection strengthens the entry signal. 5️⃣ Volatility Bollinger Bands: 🟢 Middle Band: Serves as confirmation. 🟢 Squeeze: Indicates impending volatility. 🟢 Squeeze Breakout, Outside Upper Band: Expected and could offer an additional entry opportunity. 🟢 Walking on the Band: Awaiting confirmation. 🟢 W Pattern: Completed, with body area as a short-term target. 🟢 Dual Band Derivation: Supported. 6️⃣ Strength ADX: Bulls are asserting control and gaining strength at this juncture. 7️⃣ Sentiment ROC: Rate of Change isn't in favor, but other factors support bullish potential. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Internal Bullish. ☑️ Current Move: Impulsive Swing and Internal, both portraying bullish trends. ✔ Support Resistance Base: Middle band and CIP (Change in Polarity). ☑️ Candles Behavior: Inside bars, bullish momentum. ☑️ Trendline Breakout: Confirmed. ☑️ Final Comments: Consider entering right now. 💡 Decision: Buy 🚀 Entry: Approximately 0.6541 ✋ Initial Stop Loss: Placed at 0.6472 🎯 Take Profit: Initial target at 0.6833, with additional targets at 0.7066 and 0.7272. Secondary exits based on changes in internal structure, trendline breakout, and potential FOMO action. 😊 Risk to Reward Ratio: 1:10 🕛 Expected Duration: 90 days SUMMARY: This comprehensive analysis delves into potential bullish opportunities based on a reversal entry approach. The swing structure, accompanied by choch and inducement, suggests a bullish bias. Chart patterns, candlestick formations, volume dynamics, momentum indicators, and Bollinger Bands are all considered. Key entry points, stop-loss strategy, take-profit levels, and expected duration are defined. This trade proposition showcases a substantial risk-to-reward ratio of 1:10.
Long
by Optimum369
1
7 Dimension Analysis for CADCHF OVERVIEW: Potential Reversal Zone Identified as Price Holds Strong Support Levels 😇7 Dimension Analysis Analysis Time Frame: Daily 1: Price Structure: The current price structure shows bullish potential as the market is in a corrective phase. An inducement has already taken place with liquidity swept internally. The market has experienced 5 pullbacks, indicating a possible deep correction or reversal. The 1st order block (OB) remains unmitigated, and the extreme OB is also unmitigated. Demand zones on the yearly, monthly, weekly, and daily time frames create a strong confluence area, signaling a potential reversal zone. 2: Patterns: 🟢TREND LINES: Trend lines are still working as resistance or initial profit target zones. 🟢CHART PATTERNS: A double bottom pattern provides proper support. A fake-out is possible, but further confirmation is needed. A V-shaped swing indicates strong demand in the area, as the market rapidly swings upwards. 🟢CANDLE PATTERNS: Shrinking candles are forming near the support area. A hammer and doji candle appear near the support, indicating potential bullish reversal signals. A record session count of 10 consecutive bearish candles. A momentum (engulfing) candle follows a low, indicating strong bullish momentum. The last bearish candle closes as an inside bar, suggesting that bulls still have power. 3: Volume: Volume near the support area is heavy but unable to break it. Volume during the rally is relatively low, but a massive volume comes near the support, indicating profit booking. 4: Momentum UNCONVENTIONAL Rsi: 🟢The Unconventional RSI is in a super bearish zone and encounters resistance at the 40 level. 🟢A range shift from sideways to bearish is observed. 🟢Regular bullish divergence from the last low to the current low. 🟢Three overbought rejections signify a potential bull reversal. 5: Volatility measure Bollinger bands: 🟢A squeeze breakout has occurred outside the lower band and is completed. 🟢Walking on the band move is observed, indicating bullish momentum. 6: Strength ADX: Bears are currently in power. 7: Sentiment ROC: The rate of change for CAD is stronger than CHF based on current value. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bullish Choch ☑️ Entry Move: Impulsive ✔ Support Resistance Base: Extreme Support on H1 ➕ FIB Trigger Event: Not Activated yet ↕️ Trend Line Breakout: Draw an upside trend line and wait for breakout. ☑️ Final Comments: Consider buying. 💡 Decision: Buy. 🚀 Entry: 0.6540 ✋ Stop Loss: 0.6471 🎯 Take Profit: 0.7295 😊 Risk to Reward Ratio: 1:11 🕛 Expected Duration: 60 days.
Long
by Optimum369