Hello traders, welcome back to another market breakdown. CADCHF has been trading around a Key Macro level. The bulls seem to be reclaiming a KEY Macro level many times which is a bullish signal. I'm waiting for the price to pull-back to the previous S/R zone. Trade safely, Trader Leo.
Hey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.66600 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. Trade safe, Joe.
The orange zone is a sort of black box so to speak, I don't know what's going on there. When price comes out one end I can have a good chance it will go that way until the next zone, at which point it might bounce, pierce, go through etc, black box again. Go to a lower timeframe when price is in a direction area, and only take trades with that bias, using your...
CADCHF is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
Hello Traders ! The CADCHF Price Failed To Break The Resistance Level (0.66700 - 0.66890). The Price Formed a Rising Wedge Pattern. The Support Line is Broken ! So, I Predict a Bearish Move 📉 ------------ TARGET: 0.66020🎯
CAD/CHF has a great uptrend on the 4H timeframe as we can see. Waiting to see what the price does around the 0.66000 area. Potential buys if it bounces back and respects the trendline, if not, will wait for a break and retest of the level.
Price is rising into a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead to a price drop to our take profit. Entry: 0.66482 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6676 Why we like it: There is a...
The chart indicates that the CAD/CHF currency pair may be heading for a retracement starting around the 0.6610 level. This area is significant because it coincides with the 0.5 Fibonacci level where previously we saw a sharp price increase, suggesting it's a strong order block level. The trend from 0.6463 to 0.6720 shows strong bullish momentum. Both the Fibonacci...
Price has broken our supply zone, turn into demand zone and from the current price level i will want to see a retracement to the demand zone to open long position.
There is a break on our resistance level. i expect the price to experience the retracement phase to the breakout point and from here we cloud see price moving upside.
Hello,Friends! CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.666 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
I would like to quote a wise (and profitable) trader at this point: "Trading is a simple game. What makes it so complicated is the presence of the SNB." Put simply: I'm buying the CAD against CHF for a long-term swing trade. The reasons for this are short and sweet: - As predicted back in February, Swiss inflation fell below 2% in July. - As predicted,...
USD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. CAD/CHF Short Minimum entry requirements: • Tap into area of value. •...
Hey Everyone!!!! The details is shown on the graph. Liquidity zone is broken as well as Stochastic Divergence occurs. This, the CADCHF pair is expected to go down to the previous resistance (order block zone 100% (TP1 and TP2). Let's see what happens Good luck y'all🙌🏽😎❤
Introduction: CAD/CHF has recently formed an Anti-Butterfly XABCD harmonic pattern, indicating a potential bullish reversal. This technical analysis aims to provide insights into potential entry and exit points for traders interested in capitalizing on this pattern. Pattern Formation: The Anti-Butterfly XABCD pattern on CAD/CHF suggests a reversal in the...
Purely learning purposes, this is a counter trend trade we just might see a sell on the CADCHF pair
I'm shorting this now , because there breakout and retest .
Weekly timeframe - Bullish -68 fib completion - Bearish indicational candle - Bearish supply and demand zone Daily timeframe - Head and shoulders + bearish fake-out flag - Trading back below that shoulder 1 region 4H timeframe - Head and shoulders - Entry is placed a little higher to respect my minimum RR of 3.45 to the daily TP