Good Morning, A very bearish morning for CAD/CHF as price has fallen from the descending trendline and seems to have broken the key level of support, I will be waiting for a retest of the support now turned resistance before looking for a short entry. My view of what could happen is laid out on the chart as simply as possible. Let me know what you think!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.69315). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.69315). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
CADCHF Long Direction: - Started a Bullish Cycle from 3 days ago when PFL (Peak Formation Low) formed. - H1 & H4 MBL (Market Base Line) on TDI leaning upwards, from below the 50. - H1 OB (Order Block) was being respected. Entry: - Low was held for multiple hours at the H1 OB (Order Block), which is a resistance point. Candles never closed below that low...
📌 Marking the start of Short-term flows with CADCHF... The initial move down was grandiose which, however, was not strictly able to test the 0.690x lows. Sellers would have won the battle easily and continued the breakdown via weaker CAD fundamentals. => Instead luring unaware buyers into a compression range to later suffer from an embarrassment of a further...
Welcome to our weekly trade setup ( CADCHF )! - 1 HOUR Very bullish price action. 4 HOUR Price closure above main sr level, expecting a push now. DAILY Overall bearish market structure about to turn. - FOREX SWING BUY CADCHF ENTRY LEVEL @ 0.69560 SL @ 0.69210 TP @ 0.70060 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Looking for continuation on the open of the Asian Session. Big Picture View Strong: CHF Weak: CAD This trade is invalid after 25/06/2020 @ 7 am BST. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
Waiting for the gap to fill and pivot point reversal.
On this pair we can see the corrective week had an impact here and the week ahead could have an impulsive move in store. If we get a retrace to 0.70670 and it serves as resistance then we could see a drop here.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Price broke out of ascending wedge and now finished retracing. Will be shorting it from here
Price broke out of ascending correction. Already in from the top. Looking to scale in for another entry - will be looking for a brief retracement and then entering
This pair has finally come back to hit my trend line. Entering a sell now
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7027). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...