I took a sell on friday on cadchf and i am currently in a draw-down on one of the trade but i strongly believe that the trade would drop from here because there is alot of head and shoulder patterns on multiple time frames suggesting it will drop and alot of confluences. I entered another trade again on a smaller timeframe again with fewer pips risk to add to my...
Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Down from these levels.
Potential B wave of bigger correction is almost completed.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position....
Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Up after finishing the correction.
Look for your BUY setups.
NOTE: Many of my earlier posts have been hidden by TradingView due to some house rule violation. They informed it after 6 months of me using the watermark for my company name.
Please follow me and like if you agree or this idea...
CADCHF
Channel: GREEN
WK Pivot: GREEN
AOB: WR1
CON: SBB
BUY Stop: 0.68322
Stop Loss: 0.67767
TP01: 0.68877
DWR present as a buy setup on 29SEP, with Channel and Pivot are green bouncing off weekly support line
However, trade is not taken/considered as analysis shows OIL is heading on the downside this week
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
The CADCHF long bullish idea is supported by two key technical indicators: DOW breakout and bullish divergence.
DOW Breakout: The CADCHF currency pair has experienced a breakout based on the DOW theory, which suggests that price movements in one market can influence price movements in another market. A breakout in the DOW can potentially impact the CADCHF pair,...
CADCHF is trading at all time lows area. Checking out the price action, the price is trading in a DAILY FALLING WEDGE PATTERN which is a BULLISH reversal pattern.
Once daily closes above the falling wedge, a LONG can be initiated on
1. Breakout of falling wedge,
2. Retest of falling wedge as support after the breakout
There is also BULLISH RSI DIVERGENCE, which...
CADCHF looks to be in a Bearish Channel & looks to be reversing on the downward trendline. Will look towards the lower timeframes for more confirmation.
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.
CADCHF Just Presented A Buy Opportunity Here::: Expecting Support (Purple Line) To Be Respected At These Low Levels Atleast Until We test The High Highers It Created On The Previous Move On 15 TF... Ideal Trade On Chart With SL & TP Indicated.....
Hello Traders,
The CADCHF may be setting up for a decent long-entry position. On the 4H, price has started to diverge (bearish) from the MACD signaling the current pull-back. I will be looking for Hidden Bullish Divergence to form on the 8H MACD/Price Chart to signal the continuation of the upward trend. If the price pulls back to recent support/50-EMA on the 8H,...
