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 :-)
CAD (Canadian Dollar)
CADCHF: Pullback From Key Level 🇨🇦🇨🇭
CADCHF is taking off from a solid horizontal daily support.
The price formed a double bottom formation on that on an hourly time frame.
Feels like the market is oversold and it is the moment for correction.
Bullish continuation is expected to 0.6535 / 0.6550
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CADCHF - 4hrs ( Sell Trade Target Range 160 PIP ) Pair Name : CAD/CHF
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 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
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Bearish Break
0.66900 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Choch Area
- Year Low Area
- Fixed Range Lvn Area
Bullish Reversal
0.65000 Area
Reasons
- Monthly Major Turn level
- Quarters Area
- Fibo Golden Zone
-0 Visible Range Hvn
- Choch Area
- Pattern Full Target / Liquidity
CADCHF - 4hrs ( + 40 PIP / TP 1 > 10 % Account Growth ) Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
💢 Account Growth = 10 %
Pip' Achieved = 40 PIP
CADCHF - 4hrs ( x2 Sell Running + 110 PIP / 30 % account GrowthPair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
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🔰Entry 1
Take Profit 1 + 2
Account Growth = 20 %
Pip' Achieved = 80 PIP
🔰 Entry 2
Take Profit 1
Account Growth = 10 %
Pip' Achieved = 30 PIP
CADCHF - 4hrs ( 2 Scalping Entry's + 180 PIP / 50 % Growth ) Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
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🔰Entry 1
Take Profit 1 + 2 + 3
Account Growth = 30 %
Pip' Achieved = 120 PIP
🔰 Entry 2
Take Profit 1 + 2
Account Growth = 20 %
Pip' Achieved = 60 PIP
Total Growth = 50 % Account Growth
CADCHF - 4hrs ( 2 entry's Hit All Targets + 240 PIP ) Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
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🔰Entry 1
Take Profit 1 + 2 + 3 + 4
Account Growth = 40 %
Pip' Achieved = 160 PIP
🔰 Entry 2
Take Profit 1 + 2 + 3
Account Growth = 30 %
Pip' Achieved = 80 PIP
Total Growth = 70 % Account Growth
CADCHF - 4hrs ( 2 Scalping Entrys Hit all Tps + 280 PIP ) Pair Name : CAD/CHF
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update - VIP Opportunity
————
🔰Entry 1
Take Profit 1 + 2 + 3 + 4
Account Growth = 50 %
Pip' Achieved = 200 PIP
🔰 Entry 2
Take Profit 1 + 2 + 3 + 4
Account Growth = 40 %
Pip' Achieved = 120 PIP
Total Growth = 90 % Account Growth
CADCHF Will Explode! BUY!
My dear friends,
My technical analysis for CADCHF is below:
The market is trading on 0.6601 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6652
Recommended Stop Loss - 0.6571
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
CADCHF October 15th, 2023CADCHF on the daily timeframe reveals significant insights into bullish potential market movements. The chart exhibits a prominent trendline acting as both support and resistance. The price has successfully breakout above the resistance zone. However, a subsequent rebond suggests the possibility of a retest, as indicated by the blue arrow. In this scenario, the breakout followed by a retest signifies a potential shift from a bearish to a bullish trend. Traders may consider placing a buy stop order in proximity to the support area, formerly a resistance zone marked by the blue curved line.
To reinforce this technical perspective, the historically observation of the MFI14 indicator proves insightful. The MFI14 indicator signals a potential reversal when its value falls below 20, commonly referred to as oversold conditions. Presently, the price seems to be heading in that direction.
Caution is advised, and it is recommended to await confirmation. Despite the potential for a bullish trend reversal in CADCHF, caution is warranted due to prevailing market dynamics. The ongoing risk-on sentiment may contribute to the continued strength of the CHF as a safe-haven currency. Traders should be mindful of external factors influencing the Forex market, such as geopolitical events or economic uncertainties, which could impact the strength of the CHF. The bullish outlook is targeted towards the range of 0.66-0.71.
CADCHF - Bearish Move 📉
Hi Traders!
On The Daily Time Frame, The CADCHF Price Reached A Strong Resistance Level (0.68135 - 0.68320).
Currently, The Price Failed To Create a New Higher High.
The Last Higher High is Broken (Break of Structure).
The Support Line is Broken.
So, I Expect a Bearish Move📉.
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TARGET: 0.66300🎯
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CADCHF - Break of Structure 📉Hello Traders!
On The Daily Time Frame, The CADCHF Price Reached A Strong Resistance Level (0.68135 - 0.68320).
Currently, The Price Failed To Create a New Higher High.
The Last Higher High is Broken (Break of Structure).
The Support Line is Broken.
So, I Expect a Bearish Move📉.
i'm waiting for retest...
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TARGET: 0.66300🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
CADCHF My Opinion! BUY!
My dear friends,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6637 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6712
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
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WISH YOU ALL LUCK
CADCHF Technical Analysis and Trade IdeaIn this detailed video analysis, we thoroughly examine CADCHF dynamics. We can see that CADCHF has been under significant downward pressure lately, causing it to move towards an important support level. The chart clearly shows a long price drop, suggesting a potential rebound.
Our discussion covers essential aspects of technical analysis, including looking at current trends, closely studying price movements, assessing market structure, and exploring other key elements of technical analysis. Throughout the video, we explain these concepts in a straightforward manner to ensure our viewers have a comprehensive and enlightening learning experience.
It's important to note that this video is meant for educational purposes only. Please don't consider it as financial advice. Remember that trading comes with inherent risks, so always prioritize responsible risk management in your trading activities.
CADCHF - Detailed Video Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #CADCHF.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF Pure Resistance - Support trade.The CADCHF pair is trading within a 5-month Rectangle pattern. Following the rejection on the 0.68310 Resistance and establishing the price action below the 1D MA200 (orange trend-line), it should begin the final bearish phase towards the 0.64600 Support. The 1D MA50 is in between but after the 1D MACD formed a Bearish Cross, it shouldn't hold. Our target is 0.64800.
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CADCHF - Over 1000pips Banked. What Is Next?CADCHF has given us over 1000pip worth of setups. We are now looking for one more trade setup to complete this bearish wave.
We know that Waves 1, 3 and 5 have a 5 wave structure. We are currently in wave 5 and looking for 5 subwaves to complete the bearish sequence.
Trade idea:
- We are in subwave 1 (of wave 5)
- Watch for subwave 2 retracement
- price should not go above 0.683 = invalidation level
- Targets: 0.645 (300pips), 0.62 (550pips)
Goodluck and as always, trade safe!
See our previous CADCHF setups below:
CADCHF: WATCH The Breakout Trap ❗Buyers attempted to push price out of the descending trendline but failed at the breakout. The price has now sunk slightly to liquidate some of the buyer liquidity before it reverses and goes to sweep the seller liquidity. Potentially now giving the true breakout move, time will tell.
CADCHF: Is That a Bullish Setup ?! 🇨🇦🇨🇭
Have a look at that high momentum bullish candle that was formed
on a 4H time frame after a test of a rising trend line on CADCHF.
It is the important sign of strength of the buyers.
The pair may start growing now.
Goals: 0.670 / 0.673
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CADCHF - D1CADCHF
D1 - After without a corrective upward movement, the price was able to correct about 40% (of the impulse), it is impossible to say whether the correction is complete. If the level of 0.67310 is broken, you can consider buying with a further upward movement to the targets of 0.68316
What can you expect?
Breaking through the level of 0.67310 and continuing upward movement. Cancellation of the movement, the price will return to the level of 0.67024.
Targets 0.67666 - 0.68017 - 0.68534