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CAD (Canadian Dollar)

CADCHF 1 year Support + Channel Down bottomThe CADCHF pair hit for the second time in 7 days the 1 year Support Zone that has been holding since the August 20 2021 Low. This Zone has provided three rebounds in total. At the same time the price is near the bottom of the Channel Down pattern that started after the June 09 High and its 1D RSI is on a similar bullish divergence such as the previous Lower Low on June 24. The common parameter on all the above rebounds is that they hit at least the 1D MA50 (blue trend-line). That is our target on the short-term. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EURCAD Potential Long Breakout then Short from ResistanceWelcome back! Let me know your thoughts in the comments! **EURCAD - 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! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
1
CADCHF - 4hrs ( Buy Trade After Break 0.72750 / Tp 100 : 240 PIP💲Pair Name : CAD/CHF 🗨Time Frame : 4hrs / Daily ➕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 / Long Side ( After Break ) Type : Mid Term Swing ——————————— Bullish Break 0.72750 Area Reasons ✅- Major Turn level ✅- Visible Range Hvn ✅- Inner Trend Break Out ✅- Prev Daily High ✅- Year Open Reversal ✅- Fixed Q / Hvn ✅- Volume / DV area Bearish Reversal 0.73500 Area Reasons ✅- Major Turn level ✅- Visible Range Value ✅- Fixed Range Lvn ✅- Prev Q / low ✅- Pattern Mid Target ✅- AB = CD mid Target Bearish Reversal 0.75300 Area Reasons ✅- M / Turn level ✅- Fixed Range Q / Value ✅- Pattern Full Target ✅- Prev Month High
Long
by GoldenEngine
4