The 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.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Broke out of consolidation Retested previous resistance and its now the support -CHoCH confirmed wait for price to break previous high. to enter
Hello,Traders! CAD-CHF finally broke out Of the range pattern in which It was accumulating for Quite some time and the Breakout is confirmed so We will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Yellow: Open Position Red: Stop Loss Green: Take Profit I am not responsible for your loss! Thanks for visiting. Happy Trading!
Hello 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...
Take a look at our analysis for CADCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.652. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.657 level. P.S Overbought describes a period of time...
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...
Here 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
✅CAD_CHF is accumulating in A parallel range pattern slightly above The horizontal demand level of 0.647 So IF we see a bullish breakout from The range a bullish move up Will be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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...
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...
🎗Name : CAD/CHF 🗨Time Frame : 4hrs Chart (🖇️Long Order ) ------ 🧾 : WHY IS CADCHF GOING DOWN? Canada is a significant exporter of commodities such as oil, gold and metals. Switzerland, on the other hand, has a strong financial sector and exports luxury goods such as watches and pharmaceuticals. When the prices of these commodities rise or fall, it can affect...
CADCHF respected a major Support. Created Double Bottom with Bullish Divergence. Anticipation of Bullish Trend.
Cccccccrrrrrrrrrrrrrrrrraaaaaaaaaaaaaaaaaaaaaaaazzzzzzzzzzzzzzzzzzzzyyyyyyyyyyy
CADCHF long opportunity. Please refer to the chart for more details. NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes. Let me know in the comment section below if you have any questions, ideas, or thoughts... Don't forget to like and subscribe
The 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. ...