CADCHF The first plan in our watchlist was a short position, and the trigger has now been activated. If you already have an open position, keep it until the result is clear — either the stop-loss or the take-profit. If you don’t have an open position, place a sell stop at 0.57120.
CADCHF 📈 Bullish Plan – Pending Breakout Confirmation I’m monitoring CAD/CHF for a Kijun-sen (MA) breakout and retest around 0.57400. Once we get a clean breakout and retest, buyers can look for entries at any valid price level that matches their personal strategy.
🎯 Entry Zone 👉 Buy after confirmed breakout + retest of Kijun-sen around 0.57400.
🛡️ Stop Loss (SL) This is my SL: 0.56800 Dear Ladies & Gentlemen (Thief OG’s) — adjust your SL according to your own rules, strategy, and risk appetite. I am not recommending anyone to use the same SL blindly. Trade your own plan.
💰 Take Profit (TP)
Targeting: 0.58000 Why? Triangular MA acting as a strong resistance Market sitting in an overbought zone Possible trap + correction cycle forming So secure your gains as price reacts to resistance. Again, Ladies & Gentlemen (Thief OG’s) — TP is personal choice. I’m not forcing a fixed target.
🔍 Correlated / Related Pairs to Watch (FX Market Insight) 1️⃣ USD/CHF CHF movement often mirrors strength/weakness across USD pairs. If USD strengthens and CHF weakens, CAD/CHF upside becomes more likely. Watch for DXY strength → CHF weakening → CAD/CHF bullish momentum support.
2️⃣ CAD/JPY CAD strength is clearer when CAD/JPY trends bullish. Risk-on sentiment strengthens CAD.
If CAD/JPY is climbing, it confirms CAD-side bullish pressure that can support CAD/CHF longs.
3️⃣ EUR/CHF Measures pure CHF strength. If EUR/CHF rises → CHF weakens broadly → supportive for CAD/CHF breakout continuation. If EUR/CHF falls sharply, expect resistance for CAD/CHF bullish trades.
4️⃣ USD/CAD Helps understand CAD strength relative to USD. If USD/CAD drops → CAD strong → improves probability of CAD/CHF upside continuation. If USD/CAD rises too aggressively, keep risk controlled.
CADCHF guess who's ready to tank ... 🤔 based on system...CS gonna buckle bigtime. shorted ...SCS @ .5745...but chk out SGS and SGC and my fav... SCS...both Gs posted and gonna be more violent...