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Cad-chf

💡Don't miss the great sell opportunity in CADCHFTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7465). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 36. Take Profits: TP1= @ 0.7415 TP2= @ 0.7395 TP3= @ 0.7378 TP4= @ 0.7355 TP5= @ 0.7310 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
17
CADCHF: Important Decision Ahead 🇨🇦🇨🇭 CADCHF is testing a key daily level. Depending on the reaction of the market to that I see two potential scenarios: To short with a confirmation, I will wait for a bearish breakout of a rising parallel channel. Once its support is broken, bearish continuation will be expected to 0.74 level. To buy with a confirmation, wait for a bullish breakout of a horizontal key level (daily candle close above). Once the underlined resistance is broken, bullish continuation will be expected to 0.76 level. Taking into consideration that the market is trading in a long term bullish trend, I remain bullish biased. What do you think will happen?
Short
by VasilyTrader
13
CADCHF looking up 🦐CADCHF on the 4h chart end the retracement and now testing a minor resistance structure. According to Plancton's strategy if the market will break above we will set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
CADCHF is facing bullish pressure | 12 May 2021Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
1
CADCHF is facing bullish pressure | 12 May 2021Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
2
CADCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices. Trading Recommendation
Long
by TradeGATEHub
CADCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from ascending trendline support and horizontal swing low support in line with 78.6% Fibonacci extension and 50% Fibonacci extension. Prices might push up further towards 1st resistance in line with 78.6% Fibonacci extension. If prices fall through 1st support, prices might take support on 2nd support which is in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. EMA is also below prices, showing a bearish pressure for prices.
Long
by TradeGATEHub
CADCHF looking up 🦐CADCHF on the 4h chart end the retracement and now testing the a minor resistance structure. According to Plancton's strategy if the market will break above we will set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
CADCHF facing bearish pressure | 21st Apr 2021CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from horizontal swing high resistance which coincides with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. Ichimoku cloud is above prices, showing a bearish pressure for prices.
Short
by FXCM
2
CADCHF facing bearish pressure | 21th Apr 2021CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from horizontal swing high resistance which coincides with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. Ichimoku cloud is above prices, showing a bearish pressure for prices.
Short
by FXCM
1
CADCHF: Waiting For Breakout CADCHF is stuck within a local horizontal trading range on 8H. I am waiting for its bearish breakout to short the pair and catch the next swing move to the downside. Next support - 0.7275 Remember, that while the price is within the range, its future direction is uncertain. In case of a bullish breakout of the range, a bullish move will be expected. The next resistance will be 0.747 ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Short
by VasilyTrader
5