CADCHF is trading in a bullish parallel channel, making higher highs and higher lows. The price has approached to horizontal resistance area which will be act as a strong one. We are expecting price will retrace to the bottom of the channel first and may test the horizontal level there on. Alternatively, breaking above will bring more bulls in the...
pair trading in sidway channel. and now already up from inside bullish flag as mentioned It will be easy to get buy and sell in this sidway channel until it is broken
What I see: - Price is heading towards a strong resistance trendline - Trendline was rejected 3 times since April 2021 - Stochastics is currently overbought What I expect: - Stochastics to cross whilst overbought - Price to reject from trendline - Price to short towards 0.73500
I'm pretty bearish on this set up here, 1st time we've been up here in some time, anticipating a nice correction, close partials on the way down information shared is for educational and demo purpose only
CAD-CHF has retested the descending and horizontal resistance at0.7300 Because the level is strong I expect a bearish reaction With the target is to support below when 0.71800
The sell model is well labelled in the chart.Target is 0.71000
CADCHF has taken rejection from the falling trendline, the pair has been trading under the trendline since Oct of last year. The recent price action suggests another rejection with a shooting star on candlestick, the followup candle also confirms. Alternatively, the breaking up will result in bullish trend. Trade your levels accordingly.
#CADCHF Market continues to fall from same falling resistance for certain time. Again it is not able to cross that line. So we have a good chance to get some 50-60 PIPS profit in sell.
What I see: - Price has reached major structure high - A bearish hammer has been formed - Stochastic is currently overbought and crosses I'll be expecting price to short towards the closest and most respected support zone which is 0.72326. Like and subscribe to never miss an idea!
These two floors are made, which makes me doubt this position If we do not pay attention to this, the situation is very good To achieve good profits
When it comes to CADCHF technical analysis , this currency pair is right now in a downtrend. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions...
Price is in a downtrend on the hourly timeframe, as lower highs and lower lows are being printed. However, recent price action tells us that we might see a short term reversal. Price is testing a key resistance level at 0.72350, after a possible higher low has been formed. Before taking long positions, price needs to break above the level with a clear impulse,...
Cadchf ready to big Fall are u ready Dont missed Great Entry monthly downtrend daily down trend I m expecting h4 from supply
Hi Traders, CADCHF is consolidating within a bearish continuation correction which with the Global events occurring I suspect CHF to gain strength. Price action clearly shows sharp impulses after the corrections complete and with the Russia and Ukraine tension happening, we may expect another impulse move downward. Always wait for confirmation before taking...
Hi Traders CADCHF is showing bearish price action with multiple corrective structures developing. The last correction gave us an LTF correction at the top of the channel to validate a sell opportunity. Price pushed down and gave us a CAB entry (correction after breakout). Manage your targets appropriately and follow your trading plan. Click the like button...
Good area for SELL position It may fall sharply from our diagonal line and we can not enter But I see a good place to open a SELL position in this area FX:CADCHF
Hi TRADERS this is my trade set up for the CAD/CHF CAD/CHF Coming in to area of resistance I am looking to take a sell only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please like comment and follow
I expect price to fall towards the previous swing low as it has been respected several times since December 2021. My second reason is because price has broken out of the ascending trend line which has also shown strength since December 2021. After seeing that there has been a clear break to the low side, I won't be surprised if price heads up for a retest before...