My dear friends, CADCHF looks like it will make a good move, and here are the details: The market is trading on 0.6637 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6712 About Used Indicators: Pivot points are a...
In this detailed video analysis, we thoroughly examine CADCHF dynamics. We can see that CADCHF has been under significant downward pressure lately, causing it to move towards an important support level. The chart clearly shows a long price drop, suggesting a potential rebound. Our discussion covers essential aspects of technical analysis, including looking at...
CADCHF is in a overall bullish uptrend on the daily chart the market structure has formed a HL and price is currently retracting on the H4 chart waiting for bullish momentum to continue bullish
buying this pair. imb above and reversal pattern spotted. excellent risk to reward ratio
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
Hello 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! ~Rich
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...
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.
will 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.
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...
#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...
Dear 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, Alireza
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.
Solid support and trend break so we have taken a long with a 2:1 risk reward ratio.
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!❤️
Many 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 position
you 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...
TRADE 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.