The CADCHF pair closed yesterday above its 1D MA50 (blue trend-line) for the first time since November 08 2022. This is a bullish break-out opportunity targeting the 1D MA100 (green trend-line) as every prior time this break-out took place, the price always hit the 1D MA100 within the 6 month Bearish Megaphone pattern.
Note that the 1D RSI being on Higher Lows,...
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.
Here is my view for CADCHF on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The CADCHF pair gave us a perfect buy 1 month ago after we spotted the RSI Bullish Divergence and the price rebounded strongly on the 1 year Support Zone:
Our 1D MA50 (blue trend-line) target was successfully hit and now we see the price struggling to close above it. This continues to print the same sequence as the fractal that helped us spot the Bullish...
Here is my view for CADCHF on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The CADCHF pair hit for the second time in 7 days the 1 year Support Zone that has been holding since the August 20 2021 Low. This Zone has provided three rebounds in total. At the same time the price is near the bottom of the Channel Down pattern that started after the June 09 High and its 1D RSI is on a similar bullish divergence such as the previous Lower Low...
CAD-CHF is trading in a falling channel
And the husband re-tests Channel support level at 0.72574
I think it's followed by a bounce from existing areas
By the bullish correction is possible
So we will be waiting for the reversal signs
To be able to enter a long trade BUY
The CADCHF pair has been trading within a very long-term Channel Up since the July 31 2020 Low. Our most recent idea back in May was focused around the incredible sell opportunity that we were handed when the price hit the top (Higher Highs trend-line) of that Channel Up:
As you see the strategy was successful and the pattern played out exactly as expected....
CAD-CHF was trading below a falling resistance
But now we are seeing a bullish breakout
And a retest of the broken level
So I think we will see a further move up
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
The CADCHF pair has been trading within a long-term Channel Up ever since the aftermath of the 2020 COVID market crash. It is currently approaching the Higher Highs (top) trend-line of this Channel and has started to turn into a sell opportunity long-term in our book. At the same time, the RSI on the 1D time-frame is forming the same peak pattern that led to the...
Hello dear traders, I am at your service by analyzing the currency pair by the method of the last 3 strokes. As you can see, I expect the price to grow with the target and the specified loss limit
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
Hello everyone, if you like the idea, do not forget to support with a like and follow.
We do have a W pattern formation on the Weekly. We are looking into a neckline retracement before the move to the upside.
We can see on the COT - Commitment of Traders, which is what Hedge funds and the non commercials so the biggest in the market are doing. Where we can see...
