its the update of cadchf poit that must e touched . today at 15 :30 news maybe help it to start
I see a possible Wyckoff distribution on CADCHF. Institutions on the COT report are showing a very strong sell-off for CAD and more long contracts on CHF. The last high was made with a lower volume. The market structure level was broken on H1, and the re-test also happened.
Is the right opportunity to sell CADCHF medium term on the daily time frame? The price has reached an important level in the daily time frame. Selling pressure is shown in the chart. We expect the resumption of the downward price trend in the daily time frame.
CADCHF for is after Accumulation. My potential setups you see on chart. This is not recommendation ;) Just my view. Usully I use 3 or 4 orders with TP1-TP4 Minimal Risk reward is 1:1 NOT LESS
Waiting for a break and retest of 064747 to long CADCHF back to 4H swing high at 0.65507 If you agree drop a like and if you have any questions leave a comment :)
Weekly: + Market structure (trend is bearish) + Candle close + Zone *First time we break the weekly downtrend, possible is that it becomes a fake out. But we have a strong S&D zone in our advantage that can act as support Daily: - Bullish market structure - Bullish M with IC *We broke a very strong S&D zone, that comes with a lot of power! *Bears are...
Calling all traders! 📢 If you're on the lookout for a lucrative short opportunity, look no further than CAD/CHF! 📉 With external liquidity out of the picture, the conditions are primed for a strategic move. Here's the scoop: the Canadian dollar (CAD) and Swiss franc (CHF) have been dancing to their own tunes lately, detached from external influences. This...
BEARISH INDICATIONS: .DOUBLE TOP formation .BEARISH divergence on RSI .Projection complete on same zone
Hi Guys, The CAD CHF has faced relentles selling for quite some time now and bears have just kept grinding the price further and further down. It seems that we may have come to a bottom for the time being at least and we may get a reversal. The AUD CHF has also strengthened and the CHF JPY is finally showing some weakness after a massive run up over the last two...
CADCHF price action shows: (1) 1H & 4H Divergence (2) Double Top Reversal (3) Trendline Strong Resistance Confirm bearish bias. ***Trade Plan (Bearish Bias)*** SL: Previous Top/Resistance Entry Price: Previous HL/ Sell Stop TP: 1:1 Reward & Strong Support
Hope you all enjoyed my previous forecasts and ideas about other pairs. For this pair all the ideas are written on the graph. Local increasing channel, I believe, will continue until the previous major resistance zones. Good Luck for All 🙌🏽❤😎 #forex #cad #chf #cadchf #trading
#CADCHF UPDATE Hey team we are here to update about CADCHF. CADCHF is exactly on the way to our main target. Already 100Pips+ gain so far. Still this is in bullish wave. We can see small Retesting here but overall bullish move. Keep in touch we will update further soon.
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