Get started

CAD (Canadian Dollar)

CADCHF Rejected on the 1D MA200. Sell opportunity.It has been more than 4 months since our last analysis on the CADCHF pair (October 10 2023, see chart below), which was a sell signal that hit directly our 0.64800 Target: The current signal is no different, as the continuous rejection on the 1D MA200 (orange trend-line) since February 13, is giving a strong sell signal, which will be confirmed once the 1D MACD forms a Bearish Cross. As you can see, the pattern since December 2022 is a Channel Down and every 1D MACD Bearish Cross above 0.00, has formed a Lower High, hence issuing a strong sell signal. Our Target is the top of the Support Zone at 0.63500, which has been the first Target during the previous 2 Lower High rejections. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
🚀💰 **Jumpstart Your Trading Game: Short Opportunity on CAD/CHF Calling all traders! 📢 If you're on the lookout for a lucrative short opportunity, look no further than CAD/CHF! 📉 With external liquidity out of the picture, the conditions are primed for a strategic move. Here's the scoop: the Canadian dollar (CAD) and Swiss franc (CHF) have been dancing to their own tunes lately, detached from external influences. This independence sets the stage for a focused, high-potential short position. The CAD has been showing signs of vulnerability, facing headwinds from uncertain oil prices and mixed economic data. Meanwhile, the CHF, known for its safe-haven status, tends to thrive in times of market uncertainty. This dynamic duo presents a compelling setup for traders looking to capitalize on diverging trends. Why short CAD/CHF? Picture this: as risk sentiment fluctuates and market dynamics evolve, the CHF could gain strength against the CAD, amplifying potential profits for savvy traders who position themselves accordingly. But remember, success in trading requires careful planning and execution. Keep a close eye on key support and resistance levels, monitor market sentiment, and be prepared to act swiftly to seize the moment. So, ready to take advantage of this golden opportunity? Dive into the world of CAD/CHF trading and make your mark in the financial markets! 📈💼
Short
by Asif_Brain_Waves
2
CADCHF - 4hrs ( Buy Trade Target Range 150 PIP ) 💵Pair Name CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 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 ) Mid Term Type : Mid Term Swing —————————— Bullish Break 0.64650 Area Reasons - Major Turn level / M - Pattern Break - Month High Area - Fixed Range Poc - Fibo Golden Bearish Reversal 0.66250 Area Reasons - Major Turn level / D - Visible range lvn - Pattern Target - Fibo Golden Zone - Fixed Range Poc
Long
by GoldenEngine
CADCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
CADCHF Trading Plan - 07/Feb/2024Hello Traders, Hope you all are doing good!! I expect CADCHF to go Down from these levels. Potential B wave of bigger correction is almost completed. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. 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.
Short
by For3xScalper
1
CADCHF Will Go Down! Short! Here is our detailed technical review for CADCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.647. Considering the today's price action, probabilities will be high to see a movement to 0.642. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
CADCHF What Next? SELL! My dear friends, CADCHF looks like it will make a good move, and here are the details: The market is trading on 0.6471 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short ) signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6450 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
USDJPY|FIRST LONG THAN SHORT!We see the USDJPY in the one-hour time frame. In the upward trend that was previously in the form of an upward channel, this channel has broken down and broken its support level. In the continuation of its downward trend to enter sales positions. Important areas of supply and demand are drawn on the chart. In the returns to the supply areas that I have drawn, enter sell positions with confirmation. My target for long positions is the supply area of 147.50. For short positions, the demand area is 146.70. ​
Short
by Golden_Star1994
CADCHF BUY 📈 Market Analysis - Buy Opportunity 🔍 CADCHF Analysis: CADCHF is currently rebounding from the lower low area of the downtrend line on the daily timeframe chart. Additionally, in the 4-hour timeframe, CADCHF has successfully broken above the top (lower high) area of the descending channel. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is grounded in a blend of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: If the trade does NOT surpass our entry-level (GREEN LINE ON THE CHART), Do not enter the trade. 2️⃣ Rule 2: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading. 3️⃣ Rule 3: After reaching Target 1, avoid placing new trades based on the same signal/alert. 4️⃣ Rule 4: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity. 📈 Happy Trading! 🌐💹
Long
by Pro-Trading-Africa