I previously posted EURGBP BUY IDEA which got invalidated, i did not wait to see the price action around the area to make the projection hence it stands as nothing how ever with cadchf i have a confirmed signal for a buy risking 33 pips for about 180pips on this
Grab quick pip. W1, D1, H4 downtrend. SL - 0.66711, TP - 0.66369
Price reached H4 Horizontal Level. The level is also daily resistance level. Price seems to be unable to break through the resistance level. A momentum bearish candle was formed breakout through the flag support & horizontal support level. This has shown the pattern been broken. There is a high probability of it heading bearish to start in the range. Short...
SELL CADCHF for trend reversal update SELL CADCHF NOW ✅ STOP LOSS : 0.6732 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is...
😇 7 Dimension Analysis Time Frame: H1 1️⃣ Swing Structure: Initially bullish with proper Breakout of Structure (BoS), now showing a corrective move after inducement, possibly heading towards extreme swing area of correction 🟢 Internal Structure: Bearish 🟢 Ext POI: Unmitigated 🟢 Support & Discounted: Same area, drawing a Trendline break upside for additional...
FX:CADCHF Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
Here is our detailed technical review for CADCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.660. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.656 level soon. P.S Overbought describes a period of...
The bullish Butterfly Pattern is shown in CADCHF, where the Harmonic analysis indicates a bullish trend
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
CADCHF was in an uptrend for the past few weeks. It failed to cross the resistance at 0.66910 after touching it for the second time. The CADCHF gave us a Head & Shoulder reversal pattern at our resistance zone showing us that sellers are in control. The uptrend was then broken preparing for sells. The breakout formed a flag continuation pattern confirming the...
CADCHF is in bullish gartley pattern, we will take entry as per market for targets keeping the stop loss at given point.
Entered CAD/CHF on as price tested the high of the Asian session. Fundamentally CAD is stronger the CHF and CADCHF has got battered lately on the daily chart. I expect price to churn around some here in the price area before potentially moving higher on the 4hr daily. This trade will probably be an intraday trade but I will ride it to see where the momentum goes.
Fundamentals & Sentiment CAD: - BOC has been successfully coping with inflation, with the latest Core CPI YoY posting 2%. - The solid economic performance of Canada added urgency to hike rates until the target CPI has been achieved, so keeping rates high is becoming obsolete. There's still a decent potential to price in cuts until the next BOC rate...
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. April -1 JAN (6R) FEB (1R) March (-7)
My dear followers, I analysed this chart on CADCHF and concluded the following: The market is trading on 0.6656 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.6673 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...