We sure did see a lot of volatility today, didn't we? Well, here we are now with a new short position in CADCHF, with 2 strong support levels breached in this pair. The next support level has become the target level for take-profit. This level is 0.69050. I don't see this pair making a big move otherwise.
CADCHF Trading Plan BUY - Riks Reward 1:3
CadChf Short...looking for this symmetric triangle to go bearish
📢CADCHF 4H - Technical Breakdown 📈Price action has successfully broken through the clear up-trend and has since re-tested the prior support. 📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the highlighted support at 0.67300.
Good Day Watch the breakout and price action setup.
We can see downfall after broken the structure in downside. ThankYou
Hi guys and ladies. The price has broken a key level, but this is temporary, because it is already returning to its target at 0.69000. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
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The weekly action is showing bullish momentum. 0.71400 is my target area if price closes bullish today.
Price Broke the Structure Level 5 days ago and it looks like we will see a continuation upwards, as the price was failing to break it back down by the end of the week.
Hi subscribers! The price of this currency pair has not changed much since March 8, the price has long been in the range zone, in the range between the key level and the support level. The price will not overcome these boundaries in the near future, it is one of the few currency pairs that continues to be stable. However, the price will go down to its...
CAD/CHF is looking extremly Bullish Before Buy Watch Breakout. All the Best
Plan : resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...
Pair has ranged Two Weeks at Buy Zone; A look at individual Strengths/ Weakness should reveal when pair is ready for move. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Plan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you...
Not to late to buy Updating last scenario
Downtrend is broken now time to buy Please support by liking