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.
Hi Traders, This is my view on this pair for the next few days. #CADCHF SELL 0.7427 SL 0.74570 TP 0.73 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to...
Put a fork in this Carry Trade ! - This pair is done.
We see price return to a daily point of interest and react aggressively from there. We now have a opportunity to sell it after looking at the lower 5min tf. Stop loss is small and potential reward is huge.
CAD/CHF break the daily support and comin to retest. Can short after trend break
What I see in this pair is quite nice and as clear as possible, as you see in the chart, Blue area you see just above the price is strong supply which price reacted to it perfectly, you can see they pushed price lower and lower after reaching to its strong supply, Price were moving in strong uptrend channel , which 2 weeks ago that channel were broken to down,...
BREAK AND RETEST ON THE DAILY TIME FRAME,TEXTBOOK TRADE. VIDEO EXPLANATION ATTACHED BELOW
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
CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from...