CAD (Canadian Dollar)
CADCHF H4 | 9th March Looking at the H4 chart, the price is approaching our buy entry at 0.6772. The take profit will be at 0.6826, which is the overall resistance, and the stop loss will be at 0.6739.
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CADCHF: Important Breakout🇨🇦🇨🇭
CADCHF was coiling for more than a month within a wide horizontal trading range on a daily.
Its support was finally broken yesterday.
I believe that the pair will keep falling now.
Next support - 0.679
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CADCHFCADCHF has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
CADCHF bullish expectations for this week
Hi viewers, CADCHF price on zone, today we will have CAD ratecut event, here on evet exepcting to see bullish push and techncailly side is bullish
TP1:0.69300 (80)
TP2:0.69700 (120)
TP3:0.70100 (160)
CADCHFThese days we are witnessing a high excitement in the Canadian dollar and we can see this in the form of candles.
In my opinion, the weakness of the Canadian dollar against the franc is obvious, but we must not forget that there is an important level in front of the price that we cannot comment on the continuation of the movement until it is broken.
CAD-CHF Will Grow! Buy!
Hello,Traders!
CAD-CHF is trading in a
Range and the pair went
Down to retest the support
Level of the range and we are
Seeing a bullish reaction
Already so I think that
We will see some
Further growth soon
Buy!
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See other ideas below too!
CADCHF Long IdeaThe pair has been trading in a channel, had a kick up from the support zone, could potentially push higher from here.
TP1 0.68720
TP2 0.69080
TP3 0.69270
SL according to your equity
CADCHF: Bullish Continuation is Highly Probable! Here is Why:
The price of CADCHF will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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✅TS ❕ CADCHF: support area✅✅ CAD CHF reached the support area.
The price immediately reacted to the support.
The chart will rebound after the retest. ✅
🚀 BUY scenario: long to 0.6865. 🚀
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Remember, there is no place for luck in trading - only strategy!
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CADCHF at strong resistanceCADCHF is approaching significant resistance from which I expect a fall.
Good trading!
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✅CAD_CHF LOCAL LONG🚀
✅CAD_CHF will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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CADCHF: Bearish Move From Key Level 🇨🇦🇨🇭
It looks like CADCHF may drop.
The price reached a solid horizontal resistance and formed a tiny double top pattern on an hourly time frame.
Now we see a strong bearish pressure.
I expect a bearish continuation to 0.6913 / 0.6905
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Correction I dont trade CADCHF but this does look interesting, look at the impulse before this to determine the direction. Count the waves to see which cycle will push through next.
Monitoring CADCHF Upside Breakout0.6922 is a key level I'm watching right now. CADCHF has been in a massive range since December 2022. Since then, price has failed to breach new lows. Our lower levels are moving higher and higher, which is a good indication that there is very little compelling selling pressure. As price testing the 0.6922 level, a strong breach above this level will be an excellent indication that further upside can be expected. I am closely monitoring this pair with an upside bias.
CadChf longI am looking to long CadChf as it has broken the trend line and is now looking to break the resistance. I will take my entry once it breaks the resistance and retests it. If it fails to and breaks the below support, I will the look for short continuation opportunities.
CADCHF expecting new bullish push in next days
Hi viewers, CADCHF in first idea witch will be attached in section related ideas, we are make nice push till TP1, at end we can see price is revers, here expecting to see new bullish push in next days. Today we will have and CAD GDP event from which expecting impact and technically side is bullish
TP1:0.69450 (55)
TP2:0.69650 (75)
TP3:0.69800 (90)
Analysis CADCHF : 📅 2/19/2023Analysis CADCHF:
Due to the formation of a side way range in time H4, we can expect growth from this area towards the specified goals.
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price: 0.68500
sl: 0.68200
tp: 0.69200
tp2:0.69750
tp3: 0.70300
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👤 Alireza hajighasem : @alirezahajighasem
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📅 2/19/2023
📌 Potential BUY setup for: CAD/CHF👩🏽💻Technical: The price seems to be coming back from higher-time-frame support, and the daily is trying to reach a new high. On the 4-hour chart, the price is currently struggling to break the resistance, suggesting sellers are also actively involved.
🎯 For an ideal entry: To confirm the bullish bias and potentially target the higher time frame zone, the price must break 4-hour support, push > exhaustion, and form a bullish candlestick formation.
Bearish Pennant Formation on CADCHF?The CADCHF is currently forming a bearish pennant, which could signal a significant downside move if the price breaks out to the downside, toward the previous swing low at 0.66 from March 2020.
This would be a similar pennant pattern (November 2022) leading to a move to the downside, with the price dropping to test the 0.68 support level.
Additional downward pressure could come from further weakness in the Canadian Dollar, especially with the employment data due to be released later in the week
CADCHF LONGCADCHF daily chart shows an oversold layout . As long as price stays above the average true range channel a long trade is what i can understand from the chart at this point .
SELL CADCHF SETUPHello ! According To me CADCHF Will GO Upto 0.6928 , If 4 Hour Candle Close Below 0.6928 Then you Can Take Short Position On CADCHF . I Have Mention All Entry/SL/TP On Chart . I Hope This Trade Will Give Us Good Profit .
Thank you
