CADCHF 1hr timeframe BUY ideaPrice has pushed and closed above the consolidation range indication more buying pressure. I clearly see there's formation of an uptrend and soon to be a retest the third time on the trend.Longby tech_pips_fx0
CADCHFRising from the horizontal support. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a triple Bottom structure with a significant bullish divergence near the solid support zone and two to three times pair just respect the mentioned support and move upward. Again it hits the same zone and moving towards the horizontal resistance. by JustTradeSignals6
CADCHF - Bearish ReversalThe pair have started breaking the bearish rally. The market sentiments are calling for a long trade. Plus, bullish Divergence is found. The levels are marked. Let's hope the trade goes as planned on 1:1 Risk to Reward.Longby Khizer980
CADCHF 10/31/23Broke out of consolidation Retested previous resistance and its now the support -CHoCH confirmed wait for price to break previous high. to enterLongby indyonthebeat1
CADCHF Long SetupYellow: Open Position Red: Stop Loss Green: Take Profit I am not responsible for your loss! Thanks for visiting. Happy Trading!Longby firdosiUpdated 1
CADCHF ____ INCOMING BEARISH MOVEHello Guys, This trade is a simple trade if the right market structure presents itself in the weekly supply order block. One thing you should notice is the weekly order block (view on the weekly chart). The order block was created when the price printed a bearish CHOCH on the weekly timeframe. Price has not traded into this order block with a W pattern. If you know how 'W' patterns work you will know that this is a high probability trade as a 'W' pattern + Bearish CHOCH should equal a bearish move in price. Keep this pair on your radar. Follow me for more updates. Cheers, JabariShortby jabariofafricaUpdated 22
CADCHF: Ready to go?Been watching this pair for a while, I'm noticing the Swissie generally weaken against it's crosses, many look ready for a reversal to me. CADCHF has been trading in a range, we can see daily failures at the current level which suggests to me we're about to bounce up so I'm looking for a buy on LTF's. I first posted this idea on the 18th October, it now looks like we're about ready to go!Longby FinchcliffeUpdated 4411
BULISH CADCHFHere is the trick, one way or the other this pair daily candle will close bullish, buy at 0.65220 target 0.6535 stops below 0.65165. Icrackedthealgo Longby GeminiWealthGroup2
CADCHF: Six month Support Zone holding.CADCHF has held trading over the six month S1 Zone for the eight straight session. Obviously this turned the 4H timeframe (and below) neutral (RSI = 52.551, MACD = 0.000, ADX = 32.796), which makes for a solid bottom formation. On a wider look it appears that the original Channel Down transitioned into a Rectangle of a R1 and S1 Zone. The 1D MACD Bullish Cross will give the buy signal if formed and our target will by the LH trendline of the Channel Down (TP = 0.67850). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope5
cadchf buy trade The CAD/CHF pair has been in a downtrend since June 2021, reaching a low of 0.6489 on October 26, 2023. - However, the pair has shown some signs of a reversal in the last few days, forming a bullish engulfing candlestick pattern on the daily chart on October 25, 2023. This indicates that the buyers have taken control of the market and are pushing the price higher. - The pair has also broken above the descending trendline that has been acting as a resistance since July 2021, signaling a possible change in the trend direction. - The pair is now facing the next resistance level at 0.6524, which is the high of October 21, 2023. If the pair can break above this level, it could open the door for further gains towards the next resistance levels at 0.6560 and 0.6600, which are the highs of September and August 2021 respectively. - The pair is also supported by the rising 50-day moving average (MA), which is currently at 0.6497. The 50-day MA acts as a dynamic support level that follows the price trend. As long as the pair stays above this level, the bullish bias remains intact. - The pair is also trading above the 200-day MA, which is currently at 0.6478. The 200-day MA is a long-term indicator of the market trend. A break below this level would invalidate the bullish scenario and suggest a continuation of the downtrend. - The relative strength index (RSI) is currently at 57.5, indicating that the pair has some room to rise before becoming overbought. The RSI is a momentum indicator that measures the strength of the price movements. A reading above 70 indicates that the pair is overbought and may face a correction or reversal. A reading below 30 indicates that the pair is oversold and may bounce back or reverse. - The stochastic oscillator is currently at 86.9, indicating that the pair is overbought and may face a pullback or reversal. The stochastic oscillator is a momentum indicator that compares the closing price of the pair to its price range over a certain period of time. A reading above 80 indicates that the pair is overbought and may face a correction or reversal. A reading below 20 indicates that the pair is oversold and may bounce back or reverse. In conclusion, based on the technical analysis, CAD/CHF has a bullish outlook in the short-term as long as it stays above the key support levels of 0.6497 and 0.6478. The pair could target the next resistance levels of 0.6524, 0.6560 and 0.6600 if it breaks above the current resistance level of 0.6508. However, if the pair falls below the support levels of 0.6497 and 0.6478, it could resume its downtrend and test the next support levels of 0.6450 and 0.6400. Disclaimer: This analysis is for informational purposes only and does not constitute investment advice or recommendation. Trading forex involves risk and you should only trade with money you can afford to lose. Source: Conversation with Bing, 30/10/2023 (1) CADCHF Chart, Rate and Analysis — TradingView. www.tradingview.com (2) CAD CHF Chart - Investing.com. www.investing.com (3) CAD/CHF Price Chart & Exchange Rate History - eToro.. www.etoro.com (4) CAD to CHF Exchange Rate - Bloomberg.com. www.bloomberg.com (5) CAD/CHF - Live Rate, Forecast, News and Analysis - DailyFX. www.dailyfx.comLongby Mansa_Musa_Capital1
CADCHF - Buy SetupCADCHF respected a major Support. Created Double Bottom with Bullish Divergence. Anticipation of Bullish Trend.Longby HammadFXPro2
CADCHF LONGCccccccrrrrrrrrrrrrrrrrraaaaaaaaaaaaaaaaaaaaaaaazzzzzzzzzzzzzzzzzzzzyyyyyyyyyyyLongby D-Klass224
CADCHF Strongened by interest rates and S/RThe Bank of Canada has been rising the interest rates in the last months and is expected to continue in the coming months in an effort to combat inflation. This will make Canadian assets more attractive to investors, which could lead to increased demand for Canadian dollars and a higher CADCHF exchange rate. Technical S/R levels on the daily confirm the thesis. www.bankofcanada.ca Longby DamosResultados2
CADCHF LONG TERM Buying TRADEHello Traders In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET today CADCHF analysis 👆 🟢This Chart includes_ (CADCHF market update) 🟢What is The Next Opportunity on CADCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartSLongby ForexPlanet209
CADCHF LONG TERM Buying TRADEHello Traders In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET today CADCHF analysis 👆 🟢This Chart includes_ (CADCHF market update) 🟢What is The Next Opportunity on CADCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartSLongby ForexPlanet201
CADCHFLately on CADCHF, the market has been in a strong down-trend and has reached our bullish point of interest, so from today on we will be looking for BUYING opportunities unless the market hit our sl. Longby BigBenCapitals2
CAD/CHF Sell Trade: Navigating Oil Dynamics and Safe HavensAlright, let's break down this CAD/CHF sell trade. 📉 First off, if you peek at the monthly and weekly charts, you'll notice this pair's still riding the bearish wave. 📊 On the hourly chart, buyers seem to be in control and have pushed the market into overbought territory. 📈 Now, my eye's on two attractive targets: 0.65750 and 0.65000. 🎯🎯 Now, a bit of context: CAD's been on a rally lately, thanks to the surging oil demand. 🛢️ But, I've got a hunch that this momentum might not last much longer. Why, you ask? Well, CAD's closely tied to oil, and with all the uncertainties in the world, the oil demand might waver. 🌍 And don't forget about the Swiss Franc - it's a safe haven currency, especially in turbulent times. Given the current global climate, I think it's gonna stay strong. 💪 No stop losses this time. I'm playing it cautious with small lots, about .01 for every 1000 USD. Keep an eye out for updates! 🚀Shortby GlobalHornsUpdated 16
CADCHF BuyOANDA:CADCHF The price has reached the support level for the third time and has broken the bearish trend line, subsequently making a pullback. Based on this, it is expected that the price will increase to specific levels. This trend suggests a potential opportunity for growth soon, and it is essential to keep a watchful eye on the market.Shortby Dr_Candle5
CADCHFOur technical analysis team offers you a buy position within the price range that we have specified in the chart. Our advice is, if our prediction is correct, pay attention to the extent of stop-loss and be flexible in profit management. Longby Samurai_Forex2
CADCHF how far about itpossible market direction. strong demand zone to be retested Longby FelidayFx446
CADCHF Long Term Trade Greetings, fellow traders! It's time to dive into a comprehensive analysis of the situation, and there's a noteworthy addition to our story. Pay close attention to the current price levels, as a compelling buying opportunity may be unfolding. Best of luck to all of you! There's an excellent chance for a favorable buy position on CAD/CHF. I've dedicated my utmost effort to this analysis, and as of the moment, this is the scenario that appears most probable to me. What's even more intriguing is the bullish divergence I spotted on a support zone, adding a significant layer of confluence to this analysis. This divergence is like the unexpected twist in the plot that can often lead to exciting developments in the story. If you find merit in this outlook, show your support with a like, and don't forget to follow my profile for more updates. To my fellow traders, if you find this analysis intriguing or have your unique perspective on it, please share your thoughts in the comments. Your insights are greatly appreciated . Remember, patience is key. Should you have any questions or seek further clarification, feel free to ask. I'm here to assist ❤️Longby PRO-901