Entry : 0.67752 SL : 0.67989 TP : 0.66575 RRR : 1/5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Note: this idea might probably stalled, but the price is still strong to the upward direction. I'm taking a trade on a breakout of a lower timeframe that the price is rejecting the dip and shooting upward that signifies the trend is still indeed strong. But it might wear off soon. BUY @ 0.6787 SL @ 0.6710
Canadian dollar may have strong momentum upward due to high oil prices.The Canadian labor market witnessed fresh additions of 39.9K payrolls in August, more than doubled from the expectations of 15K. as we see on a chart CAD/CHF already broke0.66184 resistance level, forming a pullback pattern that might give a sign to traders to buy . TP - 0.68075
The cad is strong bse of the recent rally in oil, oil is overstretched reaching 1.618 fib and due for a retracement and this will support short term cad weakness..and chf is mildly or neutral bullish..
Im shorting CC on the daily chart, using simple support and resistance zones
Hello 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...
Retracing back on gaps and previous low. Closing FVG along the way.
cadchf downside move possible selling below the 0.67273 stoploss0.68381 target 0.64947
CADCHF Long may continue uptrend FX:CADCHF FX:USDCAD
The bearish market movement will continue if the cup with handle pattern is not valid. follow-up closely.
We are looking for a pullback at retracement area b/w 30% and 50%. it may also have chance to continue the bearish movement. so let's wait for the pullback or make a short term 'SHORT' entry.
Similar as CAD/EUR, the price is touched the middle term support line and "Stoch RSI" is in over sold level and start turning to North in 8 hours time frame. Entry for long and looking for middle term pressure line area.
The pair has been correcting well towards this big resistance level, sellers could step in again. Oil is rising too much lately so FED should brought some pressure again
Since the double top back in May 2022, the CadChf pair has traded in a clear and nice downtrend. However, although the pair is still under the falling trend line, the pair hasn't made a significant new low after the May one, and for a month now it has been stuck around 0.65. A reversal could be next for this pair and, considering a target at the recent 0.68 high,...
CADCHF Channel: GREEN WK Pivot: GREEN AOB: WR1 CON: SBB BUY Stop: 0.68322 Stop Loss: 0.67767 TP01: 0.68877 DWR present as a buy setup on 29SEP, with Channel and Pivot are green bouncing off weekly support line However, trade is not taken/considered as analysis shows OIL is heading on the downside this week SPX500: BUY DXY: SELL OIL: SELL GOLD: SELL
The currency pair has started making a bearish divergence in the bullish trend. Plus, the market sentiments are towards the short trade. We will sell it on the breaking of the previous higher low of the bull rally. Let's hope the trade goes as planned on the chart.
Apparently a huge double bottom is forming. I don't have any positions yet, I'm waiting for a pull back to the 0.67 support and then a rejection of that support. It could take a couple or more weeks in the mean time is in my watchlist.