In base of equilibrium in price action in daily timeframe .064100 must be touched.
💵Pair Name CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. so far we are at 2R(FEB) JAN (6R)
These currencies have diverging outlook therefore provides a nice opportunity. We believe the running flat is complete and therefore the downtrend begins
Market is moving in bullish trend while there is a strong level of resisance ahead. I will only take bullish trend after breakout of that level and retest.
H4: Pointing Upwards (H1 is overbought) D1: Up (H4 is overbought) Moving Average: Against Daily MA H4 pointing upwards Pattern: M30 AB=CD Strong resistance at 0.6490 - 0.6510 30 pip stop loss. 60 pip target Why are we taking this? 1) H4 and H1 is overbought 2) Strong structure 3) Yesterday's high 4) Lots of divergence
📉 CADCHF Bearish Trade Setup - Notable Orderblock SMC FVG Identified 🔍 Technical Analysis: CADCHF presents a compelling bearish opportunity as it approaches the Orderblock SMC FVG zone. Historical analysis suggests this area has served as significant resistance in the past. Monitoring closely for potential bearish confirmation signals. 📊 Trade Plan: Entry...
I have been following this pair for the last few days to see how it moves. This setups looks very good for a short. On daily TF there was 3 times rejection on this level 0.64952 and would expect market to go short. Daily Open of candle shows bearish movement. Lets see how this one plays out! If you are interested in my setups and would like to learn my strategy...
Weekly: + Bearish MS + S&D zone + FIB - Candle close 3/4 SHORT Daily: - Pullback with weekly/ daily trend - Impulse and 5 leg -27 FC correction - Fresh selling liquidity where we are closing below the selling zone 4H: - Possible ascending channel - H&S + Bearish W *Retail traders are possibly opening LONG positions right here which provides liquidity...
Hello,Traders! CAD-CHF is already making A bearish pullback from The horizontal resistance Of 0.6514 and I think That we might see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price create falling wedge Wich is one of the reversal pattern let patiently wait for a retest
Hello,Friends! It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.644 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Rising Wedge identified at 08-Feb-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6525 within the next day.
Sell scalping CadChf I try to see lack of demand, and think I found them two orders sell below round and above round to somewhere as shown sl above
Hello Traders ! On Friday 19 January, The CADCHF Price Broke The Resistance Level (0.64348 - 0.63840) This Key Level Becomes a New Support Level. So, I Expect a Bullish Move 📈. --------- TARGET: 0.64940🎯
The CADCHF has been on an upswing lately, reaching a critical resistance level. This is indicated by higher highs and higher lows on the daily and 4-hour charts. We are looking for a pullback to the 61.8% Fibonacci level as a potential entry point for a long trade. However, it is important to remember that this is just speculation and should not be considered...
Price is rising towards the overlap resistance zone which also aligns with the 127.2% Fibonacci retracement. As you can see, the RSI indicator is also in the overbought territory. I believe a reversal from this zone could lead the price to fall to the support level which is also a pullback support. I'm bearish biased!