CADCHF ____ INCOMING BULLISH MOVE, WATCHOUT !!!Hello Guys,
I took a break from posting on Tradingview as I lost my dad on the 3rd of July and he was laid to rest on the 18th of this month. It wasn't a beautiful experience but I'd have to push myself forward.
For this pair, I'd like you guys to just take a good look at the chart and see how price created buy-side liquidity and went to hunt it. Now that price has taken the liquidity, the next move should be bullish to either hunt liquidity or close an imbalance/liquidity void.
CADCHF is also at an extreme and has printed a CHOCH on the daily timeframe. I will be monitoring the chart tomorrow for a CHOCH on the 1-hour timeframe to go long, as I don't trade on Mondays.
Follow for more updates like this.
Cheers,
Jabari
CAD (Canadian Dollar)
CADCHF, reversal double bottomCADCHF / 1D
Hello traders, welcome back to another market breakdown.
CADCHF has been reversing the trend higher. The bulls seem to be reclaiming a KEY Macro level which is bullish signal.
I'll be waiting for the previous S/R level for better risk and reward entries.
Trade safely,
Trader Leo.
CADCHF - 4hrs ( Sell Trade Target Range 160 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 ( ❗️ Short )
Type : Mid Term Swing
——————————
Bearish Reversal
0.66600 Area
reasons
- Major Turn level / D
- Visible Range hvn
- Choch Area
- Quarter's Area
- Fibo Golden
Bullish Reversal
0.65000 Area
Reasons
- Major Turn level / M
- Visible Range Hvn
- Weekly Choch Area
- Quarter's Area
- Pattern Target
- Liquidity Zone / Quarter's Area
CADCHF -- Next Swing Down
CAD CHF pair has been in a downtrend for some time now (since June 0f 2022). We all know to 'go with the flow' when it comes with following the general trend. In this case, the pair might be ready for another move down.
This would be the fourth hit on the trendline, and at previous resistance during its month long range.
As always, we'll wait and see either a good bearish candle down to enter short, or a break above to enter long -- KISS
CADCHF Is Very Bullish! Buy!
Please, check our technical outlook for CADCHF.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.664.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.666 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
CADCHF: Your Detailed Trading Plan 🇨🇦🇨🇭
Take a look at CADCHF.
The pair broke and closed above a key daily resistance last week.
The price is currently consolidating with a narrow horizontal range, retesting the broken structure.
Your intraday bullish confirmation to buy will be a bullish breakout of the resistance of the range.
4H candle close above 0.6643 will confirm the violation.
A bullish continuation will be anticipated to 0.6655 / 0.6665 levels then.
❤️Please, support my work with like, thank you!❤️
CADCHFNot too long ago I had published an idea about the $FX:CADCHF. Go check it out! However, I never took my eyes off of it, and due to that it made me dig deeper from a higher perspective... I came to the conclusion that this particular pair recently experienced something that's more than likely going to shift it's momentum for some time.
My reasoning..
Daily:
1. P.A. swept EQ highs
2. V shape pattern (bull's favor)
3. Bullish market structure
Weekly:
1. Strong bullish momentum after lowest point in the market.
2. Demand formed (untouched)
3. P.A. is set to reclaim a previous key level to the upside.
4. Triple key lows swept (liquidity grab)
Monthly:
1. After break of current L.H. (0.6898) the trend flips.
2. P.A. hit lowest levels in the market a couple months ago.
For these reasons I am bullish. Even though this isn't a currency pair I track & trade, this is me making an exception. I am publishing this for me, personally, but feel free to tag along if you like!
P.S. If ever curious about anything, ask.
CADCHF - Are We Still Trending Down?Analysis:
Bearish Confluences
Strong downwards trend
Retesting an area of significance
In a longer term descending channel
Longer term downwards trendline touch
The CAD is the 4th weakest major currency whereas the CHF is the 4th strongest major currency
12K short position increase for the CAD
3K long position increase for the CHF
Bullish Confluences
3K long position increase for the CAD
4K short position increase for the CHF
Recent CAD news has been bullish
Stay Safe - The JPI Team
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We appreciate any comments at all so thank you!
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
CADCHF I Potential short from resistance Welcome back! Let me know your thoughts in the comments!
** CADCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Ongoing downtrend with CAD/CHF - with warningThere has been an evident downtrend since June 2022.
The price continues to bounce on the resistance, just to come down and make a lower high...
However, there has been somewhat an established strong support as of late around 0.64666.
We will most likely see short term upside to 0.6629. And if it fails to break the resistance and come down, then the short target will most likely be at 0.6277.
Good to watch and see how it plays out.
CADCHFCADCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6590
CADCHF: Bullish Pattern & Important Breakout 🇨🇦🇨🇭
CADCHF formed a cup & handle pattern on a daily time frame.
The neckline of the pattern was broken yesterday.
It now turned into a strong support.
The market may go much higher now.
Next resistance - 0.66
❤️Please, support my work with like, thank you!❤️
CADCHF Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for CADCHF below:
The instrument tests an important psychological level 0.6543
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 - 0.6514
Recommended Stop Loss - 0.6558
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
CADCHF H4 | Bullish bounce off 61.8% fibo?Price is reacting off our buy entry at 0.6492, and we could possibly see price bounce off this area as there is the 61.8% fibo retracement and 78.6% fibo projection, showing fibo confluence. Our stop loss is at 0.6470, which is the previous swing low support level, and below the 78.6% fibo retracement, to give price space to breathe. Take profit is at 0.6539, which is the previous swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money..
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CADCHF 28/08 MovePair : 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
CADCHF Buyers In Panic! SELL!
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, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK