Cad-chf
WOL3.0 #33 2ºCADCHF buy stop 0.75148
SL 0.74441
TP 0.76561
R= 70.7 pips
Si el precio llega a 0.75853, mover SL a 0.75289
Watch Out: BoC Meeting Could Trigger Massive H&S PatternA promising setup is forming in CAD/CHF on the 4-hour/daily chart. The pair is forming a H&S pattern, but the price has faced some buying pressure at the neckline this morning.
A break below 0.7420 would signal a selling opportunity, with a profit target of around 200 pips (or at least at the August lows around 0.7270).
The Bank of Canada meets tomorrow for the rate decision. This will likely be a catalyst for the pair - holding rates steady would push the price up (neckline acting as support), while an unexpected rate cut would trigger a selloff in CAD.
CADCHF BREAKOUT KEY LEVEL CADCHF Breakout key level @ 0.7507
breakout short term up trend line
mostly will full down to form right shoulder of H&S pattern
Volume profile shows HVN @ 0.7470 Should attract price for this level
CADCHF Long Term Predictions After price broke out of its trend, price formed a Double Top for a Short Term 25-30 pips Correction to our Area of Significance where depending on price action, we may hold a pending order of a Buy Limit.
CADCHF buy signal op [50pips]
ENTRY: 0.75200+-
TP: 0.75500
TP: 0.75700
SL: 0.75000
Chart time frame - 1D
Time for reaching TP - 1-3D
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CADCHF - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
Bullish price action turned.
4 HOUR
Overall very bearish market with a lot of pullbacks.
DAILY
Bearish waving market structure, good short entries.
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FOREX SETUP
SELL CADCHF
1ST ENTRY @ 0.74830 (Wait for trigger)
2ND ENTRY @ 0.74980
SL @ 0.75250
TP @ 0.74360
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Buy opportunity CADCHFBanks are bullish on the CAD and they are bearish on CHF. Trade is only valid when the level indicated is broken
WOL3.0 #33CADCHF buy stop 0.75125
SL 0.74565
TP 0.76247
R= 56.0 pips
Si el precio llega a 0.7569, mover SL a 0.7524
CADCHF sell signal op [50pips]
NTRY: 0.74400+-
TP: 0.74100
TP2: 0.73900
SL: 0.74700
Chart time frame - 1D
Time for reaching TP - 1-3D
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CADCHFCADCHF. Update. Caught this swing lower on CADCHF. Took profit cause the CAD news is coming. But price moved exactly as I forecasted.
See below.
CADCHFCADCHF weekly forecast. Price formed H&S and broke major trend line. Price is now retesting neckline, looking for sells.
CAD/CHF analysisIn daily chart we have a break of Raising Wedge, and also a formation of Head and Shoulders.
Next thing is to retest a litte bit high and then make the jump back down to the target 0.74000.
cad chf looking to shorti see supply in the marked area and look for a short here ..we have slightly engulfed the base of the last upward push giving us a sign that market i likely to go lower soon
we have also qm structure but due to the upper supply level i see i expect price to break the qm entry level to the upside before going lower
CADCHF buy signal op [50pips]
ENTRY: 0.74750+-
TP1: 0.75000
TP2: 0.75200
SL: 0.74500
Chart time frame - 4h
Time for reaching TP - 1-3D
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Thanks on supporting!
All best!
Don't miss the great sell opportunity in CADCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7488). 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.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 35.
Take Profits:
TP1= @ 0.74300
TP2= @ 0.73800
TP3= @ 0.72700
SL: Break Above R2
