CADCHF LONGS !!!!!!!!!ZIGZAG correction to form wave 2 , TARGET 70 PIPS . THEN we target 300+ PIPS for wave 3 for sells . ELLIOT WAVE give us a clear insight of the market knowing where the next leg of the marget is going . AND this clearly shows its a correction by GhCuEbAnK11
CADCHF - Detailed Video Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #CADCHF. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~RichLong02:20by TheSignalyst5510
CADCHF Pure Resistance - Support trade.The CADCHF pair is trading within a 5-month Rectangle pattern. Following the rejection on the 0.68310 Resistance and establishing the price action below the 1D MA200 (orange trend-line), it should begin the final bearish phase towards the 0.64600 Support. The 1D MA50 is in between but after the 1D MACD formed a Bearish Cross, it shouldn't hold. Our target is 0.64800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot6
CADCHF still UP !It looks like a Diamond pattern. with previous daily chart that shows it is looks like accumulation phase, with 4th step in 1-5 pattern ,, It's most likely to go UP .. waiting for break-up.Longby AbuHassanTrader0
CADCHF look bullishwill take a quick profit on that pair, supposedly should move up today as per my analysis, will put my BE once price reach the first lower high. Good Luck everyone.Longby GeorgeFares1
CADCHF - Over 1000pips Banked. What Is Next?CADCHF has given us over 1000pip worth of setups. We are now looking for one more trade setup to complete this bearish wave. We know that Waves 1, 3 and 5 have a 5 wave structure. We are currently in wave 5 and looking for 5 subwaves to complete the bearish sequence. Trade idea: - We are in subwave 1 (of wave 5) - Watch for subwave 2 retracement - price should not go above 0.683 = invalidation level - Targets: 0.645 (300pips), 0.62 (550pips) Goodluck and as always, trade safe! See our previous CADCHF setups below: by WicktatorFXUpdated 7721
#CADCHF. A possible bullish can can be happen soon....#CADCHF UPDATE Hi team, hope you are enjoying your trading journey and our trading ideas and analysis. Today we are looking into forex pair CADCHF. CADCHF comes down suddenly after a good bullish movement. We analyze that in LTF, it change the character and this is the symbol of possible bullish move. As after couple of days, we can see a change of character pattern, so we can see a good buying opportunity. There are two target points according to the scenerio, we will take half at TP1 and wait for TP2 after looking into the situation. Be with us and enjoy our worthy ideas here.....Longby annatradecharts4
CADCHF UP -180-200 PipsDear Traders, Price Again bounced off from 0.64800 also Price play inside of Descending Channel and we see Double Bottom pattern, First Target : 0.67000- 0.67200 Sentiment : 68% buy - 32% Sell Please LIKE , FOLLOW , SHARE and COMMENT if you enjoy this idea! Regards, AlirezaLongby alirezakUpdated 1181
CADCHF: WATCH The Breakout Trap ❗Buyers attempted to push price out of the descending trendline but failed at the breakout. The price has now sunk slightly to liquidate some of the buyer liquidity before it reverses and goes to sweep the seller liquidity. Potentially now giving the true breakout move, time will tell.Longby AlkalineFX222
Intelligent Trading Academy - FX FTM LONG CADCHF H4Solid support and trend break so we have taken a long with a 2:1 risk reward ratio.Longby TradeUniTraders111
CADCHF: Is That a Bullish Setup ?! 🇨🇦🇨🇭 Have a look at that high momentum bullish candle that was formed on a 4H time frame after a test of a rising trend line on CADCHF. It is the important sign of strength of the buyers. The pair may start growing now. Goals: 0.670 / 0.673 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader121250
CAD more downsideMany labor market news tomorrow for CAD which are supposed to meet forecasts and push the currency more downwards A lot of pressure on oil also, impacting the currency performance still holding my short positionShortby benjaminhayUpdated 4
CAD/CHF for Bearishyou can short now or wait for the entry point of short or retest the previous broken lower low - Dailly Trend is Down - H4 Trend is Down and it begin after break the last higher low (Red Arrow) after that the Down Trend Started at H4 Time frame and confirmed after lower high constructed at (Blue Arrow) so we late for enter short but we walk with the general trend (Daily Down Trend) so you can go short now of wait for correction wave at entry short or at broken lower low for retest have fun :) Shortby maxbayne3
CADCHFTRADE IDEA: CADCHF we are in an overall Bearish trend market gave us that nice drop to the downside creating a (LL) just around 0.66577 support region,am still waiting to see more bullish candles to push the market to the upside as i am targeting to see selling opportunities around my 0.618 and 0.5 FIB.Shortby Joshualupito0
A CADCHF TP that was hit.Took this set up when was out and about and my mac had died so could not get the upload on here but very simple set up we had respected this downside market structure and once we had consolidated and came up and tested that small time frame supply on the 30 min time frame we waited for a further break to the downside out of this consolidation area and found a 30 minute unmitigated supply that caused the break out of this area and executed well.Shortby AlfsFX1
SHORT CAD/CHFSelling CAD/CHF at current market price 0.67140 with a PT: 0.66650 and ST : 0.67400 and a risk reward 1/2.Shortby FX-xTRADERxUpdated 3
Update CADCHF setupLast week, I published a short setup and a trade I'm actually in on this pair and a fundamental analysis also. As I expected, market met my expectation. Rising oil is a big red flag for the FED, so they keep the monetary policy tight and hawkish to avoid rising inflation and it affects the CAD currency BoC interest rate decision is scheduled at the end of the month with a potential 25bps rate hike that could be the last one. Canada's economy is not performing well and unemployment is expected to rise a little bit I'm moving my stop just above the flag pattern Also check out my AUDCHF setup on my profile, market also met my expectations More AUD downsideShortby benjaminhay2
CADCHF bearish due to weak oil prices Bearish CADCHF as Downbeat Crude Oil Prices Put Pressure on the Canadian Dollar The CADCHF exchange rate is currently trading at 0.671, down from its high of 0.703 in early September. This bearish trend is likely to continue in the coming weeks and months as downbeat crude oil prices put pressure on the Canadian dollar. Canada is a major exporter of oil, so its currency is closely correlated with the price of oil. When oil prices fall, the Canadian dollar tends to follow suit. This is because oil is a major source of revenue for the Canadian economy, and a decline in oil prices weakens the demand for Canadian exports. Crude oil prices have been falling in recent weeks due to a number of factors, including concerns about a global recession and rising interest rates. These factors are likely to continue to weigh on oil prices in the coming months, which will put further pressure on the Canadian dollar. As a result, investors should be bearish on the CADCHF exchange rate in the near term. There is a high probability that the CADCHF will continue to decline towards 0.650 or even lower in the coming weeks and months. Here are some key factors that could support further weakness in the CADCHF: Continued decline in crude oil prices: If oil prices continue to fall, it will put further pressure on the Canadian dollar and the CADCHF. Rising interest rates in the United States: The US Federal Reserve is expected to continue raising interest rates in an effort to combat inflation. This will make the US dollar more attractive to investors, putting further downward pressure on the CADCHF. Weaker economic outlook for Canada: The Canadian economy is facing a number of headwinds, including rising inflation and interest rates. This could lead to a slowdown in economic growth, which would further weaken the Canadian dollar and the CADCHF. Investors who are bearish on the CADCHF should consider selling CADCHF short or buying USDCHF long. However, it is important to note that the CADCHF is a volatile currency pair, so traders should use appropriate risk management strategies. Shortby masterclass6181
CADCHF bullishFX:CADCHF goes long... Respect to reasonable risk adjustment...Longby GeraldMannUpdated 0
CADCHFas you can see the double bottoms and now in re-test . with good opportunity for baying with little SL area. Longby AbuHassanTrader1
CADCHF BUYS (SMC)Hello traders, as we take a look at CADCHF, we are approaching are 30 minute swing low. I am predicting price to make another low, tap into are 30 minute swing low, where we can look for potential buy entries to clear liquidity to the upside, and price to continue for a new high. Good luck traders! be sure to use proper risk management! CipherFx.by CipherFX_223
CAD/CHF BUYPrice start ranging in Main support we predict it to start going UPLongby NLForexSignalsUpdated 0
Next move We wait for the market to retest to our FVG as soon is enters we set our position to go short 📉by Th3mbane2