I Hope for a one more tap on the supply zone, if this happens, when we get a sell setup confirmation, we'll pull the trigger!!!
##REPOST## Market Structure Bearish on Higher Time Frames Price made new all time Lows couples weeks ago, so no much structure on Weekly Using the the previous weekly rejection wicks as Support Daily Rejection Candles at The AOI Broken Daily Support Around Psychological Level Strong H4 Support aswell REMEMBER: Trading is a Game Of Probability : Manage Your Risk :...
🕛 TOPDOWN - Bearish Continuation Setup for CAD/CHF Overview: The monthly and weekly analyses signal a bearish trend, validated by a series of bearish breakouts and consolidations. The focus is now on the daily timeframe for a detailed perspective. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish - 68% probability of further downward...
CADCHF has formed non trending pattern. Buy stop, Stop Loss and TP'S have been marked.
CADCHF: the long-term trend is down. But since last week there seems to be a small uptick in the trend. We have enabled the system for a buy series.
Let´s go. Market order:sell Looking for 50pips good luck.
Hello everyone ... Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
I believe it will go short as it has hit a supply level and then take out the liquidity before reaching the demand order block and heading all the way up and collect all the liquidity above.
I've been keeping an eye on this pair for some time now, especially since it broke down and stayed below the long-term range set after the 2015 crash. We're now nearing an important point - the 2015 depeg low, which might vary based on your broker. In my experience, Forex.com offers more reliable data, showing a depeg low just under 0.61. It's pretty...
Using Bollinger Bands indicator we can see: - W1 is bearish, phase 3 - D1 is bearish, phase 2 - H4 proper bearish breakout
We can initiate a long trade right now, but it is advisable to open a buy trade between 0.63000 and 0.6330. If we open the order to buy now, we must put our stop loss below 0.9290 to allow for price fluctuations.
Consider buying CADCHF based on historical seasonality trends. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
if we hit the demand zone at the price of around 0.6339, I'll enter a long position for an RR of 2 with a stop loss at 0.633
Market Structure is Bearish on Higher Time Frames Price made new all time Lows Last week, so no much structure on Weekly Using the the previous weekly rejection wicks as Support Daily Rejection Candles at The AOI Broken Daily Support Around Psychological Level Strong H4 Support aswell REMEMBER: Trading is a Game Of Probability : Manage...
CADCHF is showing strong bullish signs after making a bullish divergence on the RSI and printing new higher highs and higher lows. Entry can be taken at CMP (0.5 Fib retracement), stop loss below the previous Higher Low and TP at 1:1 Risk Reward.
CADCHF is at its all time low! It's currently breaking its lows, if this continues this could trigger a heavy move downwards
i expect to sell at H4 supply zone since daily and weekly timeframe both are in downtrend