Using Bollinger Bands we can see: - W1 Bearish, Phase 3 - trending - D1 in Range, bottom of the range - H4 BO
Looks like a cup and handle to the downside, continuation pattern. Support is giving up, take profit at the next phycological level 0.6400 but there is no limit how far down it can go. Just let it fall.
Embarking on a CADCHF short trade journey, guided by Elliot Wave analysis. Unveiling potential corrective waves amidst recent price developments. Short entry timed with emerging Wave B, optimizing risk-reward equilibrium. Elliot Wave analysis empowers insights into market trends, refining trading accuracy.
#CADCHF Buy Idea ........................................................
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADCHF. CADCHF is at a strong support level. Here it has Maximum chances we can see a good bullish wave here. In this bullish wave we can see price around 0.66 soon. Keep in touch we will update further soon.
CADCHF going Long- look out for a perfect entry on a smaller timeframe
CADCHF Buy Stop Loss: 0.644 Targets: 0.651 0.652 0.655 0.660 0.670
- Screen 1 (1 Day Time Frame): MACD Histogram ... A bullish trend is indicated when the MACD histogram increases 3 times in a row and the most recent MACD histogram is greater than 0. - Screen 2 (45 minutes Time Frame): Stochastic ... Overbought: A buy signal is generated when the first screen is in an uptrend and the K-line crosses up the D-line below 20. -...
waiting for price sweep liquidity and to mitigate the 30mTF OB i have identified then we reverse and head towards the tp and potential surpass the take profit set
I see bullish move for CADCHF: - It broke the downward trendline - It made a fib retracement into the golden zone - Bounce on 4H/Daily/Weekly support Next targets: - TP1: 0.65277 - TP2: 0.65450 - TP3: 0.66000
Pair : CADCHF ( Canadian Dollar / Swiss Franc ) Description : Breakout the Upper Trendline of the FALLING WEDGE Pattern and Completed its Retracement. Rejecting from the Strong Support forming Double Bottom Pattern if it Breaks the Daily Descending Trendline and Retest then we can Look for Buy
My dear subscribers, This is my opinion on the CADCHF next move: The instrument tests an important psychological level 0.6499. Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6491 About Used Indicators: On the subsequent day,...
Price has distributed above friday and london high now waiting for that ob to get hit so we van go for a new distrinution
Because CAD CHF got 15min and 1min conformation for buy already respected all down side I 95% expected buy if I love to trad with me risk and money management is key
Do not jump in and go long. Everyone and their mother is going long. Big banks will drop price below and wipe out all the stop losses placed at support. Wait for a signal on higher time frames like the daily or weekly chart to place a long trade. I'm waiting for another short entry.
Hello,Traders! CAD-CHF was trading in a Bullish wedge pattern And then we saw a strong Breakout so as the pair is Making a bearish correction We are looking to buy the Pair with the hope of Seeing a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends , My technical analysis for CAD/CHF is below: The market is trading on 1.65040 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 1.65203 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous...
On the hour chart the trend started on August 18 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.6526 But we should not forget about SL = 0.6457 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, ...