CADCHF is taking off from a solid horizontal daily support. The price formed a double bottom formation on that on an hourly time frame. Feels like the market is oversold and it is the moment for correction. Bullish continuation is expected to 0.6535 / 0.6550 ❤️Please, support my work with like, thank you!❤️
We can see this pair is pure ranging. Even with the recent increase in the price of crude this pair remains currently bearish, and keeping to the range, I expect this to continue and switch to bullish from support. This is supported by RSI that is now oversold.
CADCHF has been in an uptrend and after a significant retracement we can observe a Bullish Div with a Double bottom structure to supplement a continuation of the uptrend from here
The CADCHF pair is trading within a 5-month Rectangle pattern. Following the rejection on the 0.68310 Resistance and establishing the price action below the 1D MA200 (orange trend-line), it should begin the final bearish phase towards the 0.64600 Support. The 1D MA50 is in between but after the 1D MACD formed a Bearish Cross, it shouldn't hold. Our target is...
CADCHF has given us over 1000pip worth of setups. We are now looking for one more trade setup to complete this bearish wave. We know that Waves 1, 3 and 5 have a 5 wave structure. We are currently in wave 5 and looking for 5 subwaves to complete the bearish sequence. Trade idea: - We are in subwave 1 (of wave 5) - Watch for subwave 2 retracement - price should...
Buy CADCHF Wedge Breakout Price the wedge pattern now in M30 chart, its good chance to buy today. Thank you
long-term thinking there is another resistance that can be tough: 0.66051 when we get there it's worth increasing the sl if everything goes well, we can reach tp in October :)
seems like cadchf has already bottomed out and preparing for massive bullish rally in coming weeks descending channel breakout has already confirmed in daily timeframe retesting in process incase of successful retest expecting 400 pips bullish wave
Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Trade Rationale: The CAD/CHF pair is currently showing signs of short-term bullish momentum, presenting a potential trading opportunity. The Canadian Dollar (CAD) has displayed strength against the Swiss Franc (CHF), indicating a possible upward movement in the exchange rate. Technical Analysis: Support Levels: The pair has found support at a key level,...
Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
8th August 2023 DXY: break above 102.40 to trade higher toward 102.80 resistance NZDUSD: Sell 0.6050 SL 20 TP 60 AUDUSD: Sell 0.6510 SL 25 TP 45 USDJPY: Buy 143.20 SL 30 TP 60 GBPUSD: Sell 1.27 SL 25 TP 90 EURUSD: Sell 1.0960 SL 20 TP 40 USDCHF: Wait, look for reaction along 0.88 USDCAD: Sell 1.3360 SL 30 TP 60 Gold: break 1930, below 1929, could see 1924
Following on from our last CADCHF post, which resulted in a full TP of 900pips, we have found another great opportunity. We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade. Trade...
CADCHF is under a strong bearish pressure. The market broke and closed below a solid, wide horizontal demand zone yesterday. The broken structure turned in a strong resistance. The pair will most likely keep falling lower. Next goal - 0.65 ❤️Please, support my work with like, thank you!❤️
CADCHF reached a key daily structure support last week. The price formed a cute doji candle on that. Analyzing the intraday time frames, I spotted an ascending triangle formation on 1H chart. Its neckline was broken, and I bought the pair on a retest. Goals: 0.671 / 0.672 ❤️Please, support my work with like, thank you!❤️
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(an aggressive trade) SLO @ 0.7733 ⏳ TP4 @ 0.7533 (closing ALL Buy Orders) TP3 @ 0.7295 (shaving 25%) TP2 @ 0.7140 (shaving 25%) TP1 @ 0.6915 (shaving 25%) BSO @ 0.6780 ⏳ (moderate) BLO1 @ 0.6666 ⏳ (aggressive) BLO2 @ 0.6550 ⏳ (conservative
Hey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.67900 zone, CADCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the trend at 0.67900 support and resistance zone. Trade safe, Joe.