Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7466). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Canadian dollar stayed strong after Pandemic and one major impact was Oil price , but like US Canada also facing inflation and this advantage for CHF. We can see two possible areas for TP.
Hey traders, here is the analysis for the CADCHF. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
CADCHF seems to me a week now, and I'm expecting short from the current price.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
TARGET 0.73900 ANOTHER SELL OPPURTONITY AT 0.75200 Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
CADCHF Possible scenario Good risk to reward ratio 250 pips Big Bearish Harmonic Pattern in play with a small bullish pattern. We might see it go down to .7200 for a retest before going up. Double top is also present on the pattern. Wait for a breakout and candle confirmation before entering.
CADCHF currently breaks out its recent higher high on the D1 chart, and the market already consolidated many times and created a resistance level. I'm expecting a short for the upcoming days.
We can expect CADCHF to be bearish over the next trading days as price corrects to wave (c) of (iv). I highly recommend you to review my other ideas in the links below. Please do leave a like or comment to show support and follow for more updates. Good luck trading.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7465). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7465). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
We can expect CADCHF to make a corrective wave (c) for completion of wave (iv) around the highlighted zone.