CADCHF - Support Becomes Resistance !Hello Traders ! Previously, The CADCHF formed a bearish triple top pattern. At the moment, The price broke the support level (0.64726 - 0.64628). This key level becomes a new resistance level ! So, I predict a bearish move📉 ____________ TARGET: 0.64100🎯Shortby Hsan_BenhmedUpdated 8810
CADCHF: 500+ Pips Buying Opportunity, Do not miss out! Dear Friends, Cadchf is in swing bearish move, we are expecting price to continue dropping 0.62 or 0.63 area where we can expect price reverse strongly. Expecting target of 500+ pips, please use accurate risk management while taking the buy entry. **Please like and comment, also follow us for more** Team SetupsFX_Longby Setupsfx_9919
CADCHF - 4hrs ( Buy Trade Target Range 120 PIP ) ☑Pair Name : CAD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— ☑Bullish Reversal 0.64900 Area Reasons - Major Turn level / M - Choch Zone - Channel middle Band - Quarter's High Area - Fibo Golden Zone ☑Bearish Reversal 0.66150 Area Reasons - Major Turn level - Visible Range lvn - Fixed Range Poc - Choch Zone - Pattern Retest - Foibo Golden Longby GoldenEngine62
CADCHF Trading Plan - 18/Jun/2024Hello Traders, Hope you all are doing good!! I expect CADCHF to react from the highlighted zone. Currently CADCHF is in bigger correction & I am still seeing the potential bigger move towards upside. Plan to Trade: If market starts to correct from current levels upside, then short term sells are possible. Look for your BUY entry setups as per the above expectations. Your follow and like will be a token of appreciation. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.Longby For3xScalper229
CADCHF Long CADCHF shows bullish divergence at RSI and the price is about to break the neckline. The trend is expected to reverse, therefore the trade plan is to enter at breakout of resistance levelLongby H2TO111
CADCHF: Strong Bearish SignalFollowing a significant downward movement, the CADCHF pair spent a week consolidating in a tight range on a 4-hour chart. Today, there has been a bearish response on the pair as it broke below the lower boundary of the range. I believe that the market could now be poised for a downward trend, with the nearest resistance level at 0.643.Shortby linofx1111
"Analysis of CADCHF Pair: Downtrend and Seller Presence"💹 Let's delve into the analysis of this forex pair, update our previous analysis, and identify new triggers. 📅 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🔄 Previous Analysis Recap: Previously, we were anticipating a break of 0.66968, but it got rejected. After breaking the trendline and confirming the 0.66021 trigger, we moved towards the next support level. 📊 Weekly Time Frame: In the weekly time frame, we are in a long-term box like other forex pairs. Due to consistently hitting lower highs and lows, our medium-term trend is bearish. Hence, we hold short positions longer and open fewer buy positions. After finding support at 0.63422 and moving towards the 0.66863 resistance, we got rejected at the 0.236 Fibonacci level, increasing the likelihood of breaking 0.63422. 📆 Daily Time Frame: In the daily time frame, we witnessed a decline after breaking the continuation trendline, moving towards the 0.64919 support. Regarding this trendline, it’s a continuation pattern, so we don't need an entry trigger for short positions since our long-term trend is bearish. Any price spike is an opportunity to sell. The 0.64919 support level is significant both as a 50% Fibonacci retracement and a critical level in Dow Theory. ⏳ Personal Positioning: I’ve also opened a short position on this pair. While I usually don't share my positions publicly, I want you to know that I use the entry points mentioned in the analyses myself. 🗣️ Using the Fake Breakout strategy, we saw a fake breakout at the 0.66906 resistance in the daily time frame. Moving to a lower time frame and identifying the first trigger after a breakout, we opened a short position, which was confirmed by the trendline break. 💡 Currently, this position has a risk-to-reward ratio of 11. It will close after stabilizing above 0.65262. You might wonder why I don’t close it now to secure the profit. Well, adhering to Dow Theory, the position has already achieved significant profit and closing it on 0.65961 support would have missed this gain. Further movement after breaking 0.64975 is possible, but the position is secure! 📉 Short Position Strategy: Since momentum persists, we can open a short position after breaking 0.64946. Confirmation includes the 7-period SMA reaching the candle and the RSI entering the oversell zone at 29.80. 📈 Long Position Strategy: For long positions, patience is key as we are in a downtrend across most cycles. We will either open a long position on a different chart or wait for a consolidation and structure formation on this chart. 🔑 Key Levels: Supports: 0.64946, 0.63422 Resistances: 0.65961, 0.66906 🕰️ I hope you have a great trading week! Remember, it's best to reduce risk at the beginning of the market week and trade with logical risk levels in the following days. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice . We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Shortby RealMRA33130
CAD-CHF Local Long! Buy! Hello,Tradera! CAD-CHF fell down sharply And retested the horizontal Support level of 0.6463 So as we are already seeing A local bullish reaction a Further move up is To be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals116
CADCHF - Strong Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our last analysis, attached on the chart, CADCHF has rejected the red circle resistance and traded lower. What's next? Currently, CADCHF is hovering around a strong support zone marked in green. 🏹 As long as the support holds, we will be looking for buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst4411
Long CAD/CHFThe price touched side way channel bottom line area, it is 50% retraction. RSI is in divergency. Stoch RSI is in over sold and possible will have golden cross soon in 4 hours time frame. In a bigger time frame (daily), the current price could be a retraction back to previous important support line. Try to trade long. Longby ChinaHelloWorldUpdated 4
CADCHF - Bearish continuationWE saw negative news for CHF which spiked up price for CADCHF, i still like to see a bearish continuation since we need to come down to the demand zone in the beginning of 2024Shortby leonfeffe4
SELL CADCHF for downtrend continuation STOP LOSS : 0.6538SELL CADCHF for downtrend continuation STOP LOSS : 0.6538 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX4
CAD_CHF WILL KEEP FALLING|SHORT| ✅CAD_CHF is trading In a downtrend and the pair Broke out of the horizontal Range pattern so we are Bearish biased and we will Be expecting a bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx3
Early entry triple topTriple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti. Shortby ArturoLUpdated 2
Swing Long for the Canadian Dollar versus the Swiss FrancTake Profit Level 1: 0.657 Take Profit Level 2: 0.6646 Stop Loss Level: 0.63Longby CJBlueNorther2
cadchf long ideacad is at a critical point across many pairs. Either we make a fresh yearly low or we reverse up from around 64500 mark. target points are in green with eventual target at the 0.70 markLongby botly1
CADCHF1) RSI indicates Bullish Divergence. 2) The price is moving sideways. We placed Buy stop orders. Longby SohailChaudharyUpdated 1
CAD/CHF BULLS ARE STRONG HERE|LONG Hello,Friends! We are now examining the CAD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.647 level. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 112
CADCHF Possible Bullish MoveLiquidity Grabbed, Price pushed up and now at support, hopeful for a bullish move. Remember: Risk Management Very ImportantLongby habinel1
CAD/CHFIt Broke the Resistance Line at 29 Feb Via Impulse Wave.It also Pulled back to the Demand Zone and Retrace till 0.611 .According to the Price Action , It created the Reversal Pattern on the Demand Zone so I think It is the good Opportunity to Buy.Longby smafazel1
CADCHFCADCHF is showing Bearish divergence place a sell as it will break its Last HL Shortby Trade_WithOsamaUpdated 3
CADCHF is BullishPrice was in a declining phase, however bullish divergence appeared on 15 min time frame, and the accumulation phase is about to end as a higher high is printed. If this higher high is broken, we can expect a bullish rally. Targets are mentioned on the chart. Longby Fahad-Rafique3
CADCHFThis Weekly FORECAST Opportunity for CADCHF. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN2