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CAD (Canadian Dollar)

LONG REVERSAL IN CADCHF | SWING TRADECADCHF is trading at all time lows area. Checking out the price action, the price is trading in a DAILY FALLING WEDGE PATTERN which is a BULLISH reversal pattern. Once daily closes above the falling wedge, a LONG can be initiated on 1. Breakout of falling wedge, 2. Retest of falling wedge as support after the breakout There is also BULLISH RSI DIVERGENCE, which shows downtrend is getting weak and trend may reverse soon. This is a SWING TRADE. But if daily closes back inside the falling wedge after the breakout, that would result in fake breakout/bulltrap and the idea will be invalidated. Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
Long
by rohitkukreja
CADCHFWe are going to place a pending order on this asset that has gone too far down. Now you could see a correction coinciding with the second part of the week. Remember we remove the order if it has not been executed at the end of the day. (as a reference 7pm or 8pm in London) Vamos a poner una orden pendiente en este activo que se ha desplazado demasiado a la baja. Ahora cabria ver una corrección coincidiendo con la segunda parte de la semana. Recuerda quitamos la orden si no se ha ejecutado al acabar el dia. (como referencia 19h o 20h de Londres)
Long
by SGsauragestion
1
CADCHF - Catch This Easy Wave! 🏄🏼‍♂️CADCHF is currently trending bearish = looking for only sell setups. In this analysis, we can see multiple degrees of waves. Major waves = Black bracketed waves Subwaves = Red circled waves Minor waves = small red bracketed waves We are currently in subwave 3 which has 5 minor waves. We are seeing minor wave 2 correction now and anticipating minor wave 3 move lower. Trade idea: - Watch for rejection of sell zone - Risk entry on rejection of fib - Safe entry on break of red trendline - Targets: 0.712 (250pips), 0.69 (450pips), 0.65 (700pips) Goodluck and as always, trade safe!
by WicktatorFX
7
Cadchf some correction might be there before resume downside... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
CADCHF - Bearish Trend According to my analysis using the Relative Strength Index (RSI) indicator, there is a divergence present at the moment. A bearish trend would be confirmed once the first Higher Low (HL) is broken and the first Lower High (LH) and Lower Low (LL) are formed. As part of my personal trade plan, I intend to enter a short trade with a 1:1 risk/reward ratio. However, it is essential that you conduct your own thorough research and risk management strategies before making any trading decisions.
Short
by mansooryousafzai
CAD/CHF Massive Short! SELL! My dear subscribers , This is my opinion on the CAD/CHF next move: The instrument tests an important psychological level 0.65969 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.66651 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
1
CADCHF Is Going Down! Sell! Here is our detailed technical review for CADCHF. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.659. Considering the today's price action, probabilities will be high to see a movement to 0.655. P.S We determine oversold condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
4
CADCHF 27/APR/2023CADCHF has been trading within a bearish channel since early 2022, and the price is currently consolidating inside bearish channel pattern. The recent price action has approached the support level of the bearish channel, which suggests that there is a possibility of a rebound or a bounce upwards. The stochastic 5,3,3 indicator has crossed below the oversold value, which indicates that the momentum of the price is turning bullish. This is a positive signal for a potential rebound, as it suggests that the selling pressure may be weakening. However, a breakout could occur through the bearish channel support area, which could lead to a deeper decline in the price. This technical analysis is for educational purposes only and should not be considered as trading advice. Trading in the financial markets involves risks, and it is important to always manage your risk appropriately.
Long
by DNP-FX
3
TRADE UPDATE: CADCHF dropping to its target of 0.6472Box formation formed on Daily. We now have an M Formation (confirming further downside). Once the price broke below, we had our first target in mind. Which it's now heading to with grace. 200>21>7 - Bearish RSI<50 Target remains 0.64720 SMC Buy side liquidity (Above the M Formaiton). This is where Smart money comes and sweeps the buying (selling into it) which creates supply and downside for the market. All signals are down.
Short
by Timonrosso
CAD/CHF A Fall Expected! SELL! My dear friends , This is my opinion on the CAD/CHF next move: The market is trading on 0.65444 pivot level. Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.64828 My Stop Loss - 0.65821 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1