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
CADCHF possible scenario. Please, comment your ideas Thanks
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...
I Tried To Make Every Thing Self Explanatory On The Chart
Here signal entry for long investor. duration approximate 1 month
i have idea for this pair. get until 40-70 pips
Commodity markets struggle to rebound, but the Canadian dollar remained under strong pressure even at the latter part of last week trading session. The appearance of a Double Top structure ( a strong reversal pattern) on the chart confirms that the price has found a peak @ Fr0.75000 and has since the beginning of May 2021 continue to find lower lows which...
CADCHF Still bullish and make lil correction
CADCHF time to short Risk Reward Ratio 1:2 / 1:3 GOOD LUCK If you have any idea, Write down on the comment. If you agree, do not forget to like this idea
The impact of Sellers in February 2020 (Bearish Impulse leg that lasted a month on the weekly chart - ) appears to be too strong for the Buyers to gain that confidence needed to invest in the CAD. With the present Head and Shoulder look alike, I shall be patiently looking out for a significant Breakdown of Neckline and Support level @ 0.69300 to hop in the...
Weak economic data and pressures on the oil market are taking a toll on the CAD as it continues to find it difficult to raise the bar. The sharp fall after reaching a peak of 0.70000 appears to hold ground. Tendency: Uptrend ( Bullish ) Structure: Trendline | Supply & Demand| Reversal Pattern (Head and Shoulder) Observation: i. Even...
CADCHF right at support with a nice confluence, buy opportunity with good RRR