Symmetrical triangle formed. Suppoert line breakout happened. Fibo 61.8% retracement completed with strong bearish candle.
With a Monthly and Weekly bearish trend, the ideal is to go bearish on the lower time frame. And on the 4H there is a supply area the coincides with the 78.6 Fib. With the 3 time frame in sync, if price can come to that area then for me it is a good short position This is not a financial advice, and make sure to calculate your risk before taking any trade
The ascending trend line was breached, the support level was breached, it closed below it, and closed below the indicator DEMA 200 low
Dump it Dumpot Dumpit Cadchf short Yes dump it We are firm we do trading toheyher
Our firm sold 500lot cadchf Yes we sold Inside trading
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hi, The price was in a downtrend until it started ranging for roughly about 12 weeks, it eventually broke the support of the range with a strong Bearish move but found support again at the 2020 low of around 0.6600. Price retraced back to the broken support of the range which should now be quite a strong resistance and made a nice rejection doji on the...
Signal no.6✳️✳️ Sell Cad/Chf @ 0.6768 Tp - 0.6700 & 0.6640 Sl - 0.6800
Hi, Price is testing the daily resistance, on the 1HR it is forming a nice little double top. Waiting for the hourly close below to sell on a retrace of the broken neckline. Any feedback on the analysis would be appreciated, this is not a signal. Thanks
Hello traders! ‼️ This is my perspective on CADCHF . Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I have 2 points of interest here, if price rejects from bearish order block at 0.68000 or from bearish order block at 0.69000. Like, comment and subscribe to be in touch with my content!
Box formation formed on CADCHF Price broke out and also formed 3 Black Crows. This confirmed downside to come. 200>21>7 - Bearish RSI<50 Medium Target -> 0.64720 SMC Sell side liquidity formed forming an Order Block. This is where the Smart Money goes down and stops out all the shorters. They then grab their orders and buys which causes a push up. This...
Price tapped the lowest point in history and started to push away from the zone creating a double-bottom formation. Double bottoms mean one thing, retail stops ESPECIALLY in an area of such high importance. I would like to see a sweep of seller liquidity around the order block before we return to sweep the herd of buyers. Again, no entries until I am...
Market price entry on CADCHF 1Hour for a Short position. TP1 At 2:1 TP2 At 3:1 Move to breakeven as soon as TP1 is hit.
Market price entry on CADCHF 30Mins for a Short position. TP1 At 1:1 TP2 At 2:1 Move to breakeven as soon as TP1 is hit.
CADCHF Bearish Engulfing Candle LH LL Patterns Emerging. Bearish Pattern confirmed by a Red Engulfing Candle on LH. Sell/Short Order ENTRY: 0.6900 STOPLOSS: 0.69279 2 Orders of .29 Lots TP 1:0.68650 TP 2:0.68300 RISK REWARD in 2 orders is 1:1.5
PRICE has reversed impulsively from a double top value area inside a trend continuation pattern, and is currently forming a lower degree continuation pattern. Looking forward to take short side on the breakout.
Hello ! According To me CADCHF Will GO Upto 0.6928 , If 4 Hour Candle Close Below 0.6928 Then you Can Take Short Position On CADCHF . I Have Mention All Entry/SL/TP On Chart . I Hope This Trade Will Give Us Good Profit . Thank you