Hello,Friends! We are targeting the 0.650 level area with our short trade on CAD/CHF which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
OANDA:CADCHF holding the price above the key zone of 0.65320 will most likely lead the price to reach 0.65590
✅CAD_CHF is trading in an Uptrend along the rising support And the pair broke the falling Resistance line which reinforces Our bullish bias and makes me Think that we will see a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The CAD/CHF currency pair has demonstrated a bullish trend across both the weekly and daily timeframes, with a clear break of market structure indicating upward momentum. Presently, the price is consolidating within a range, prompting us to anticipate a break, retest, and subsequent failure of the current range high as a potential entry point for long positions....
CAD/CHF is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 0.65371 which is a potential breakout level. Stop loss is at 0.64470 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 0.66733 which is a pullback resistance. High Risk...
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CADCHF is a very good buy and has started to buy, technically we can see a break of the decending channel and a new flag broken out and retested, only way is up... find your entries and use good risk management skills. do your own research.. if you find this very educative, please like share and follow me for more. thanks
Price are retracing to a new lower high as the CAD in good momentum at the moment , with energy prices increasing including gold all of which have a positive link towards the currency in the short term. Waiting for wave completion near Fib zone and a clear sell signal
this pair itself accumulates a lot of liquidity, as shown !!! I'm waiting for a good momentum to execute some good worthwhile buys !!! :D Keep it Simple !
I am still looking to follow price as it shows bearish moves. At the 0.65172 zone, i am waiting for price to clear this liquidity below it, tap in the supply zone and give me a push to the next demand zone while taking first profit at 0.64845.
Hello,Friends! The BB lower band is nearby so CAD-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.651. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for CADCHF. Time Frame: 10h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.649. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.653 level. P.S Please, note that...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
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As per chart analysis we have seen that price continue sustain 0.64850 is major support zone. If price continue sustain above this level possibility to move upper side.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
✅CAD_CHF is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 0.651 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-CHF is trading along The rising support and the Pair is about to retest it so After the pair hits the line We are likely to see Bullish rebound ahead Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!