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Cad-chf

CADCHF is testing a resistance 🦐CADCHF after a long downtrend might have found a fist bottom. The price is now testing a minor resistant and a retracement to the 0.382 Fibonacci level can be seen. I will wait for a potential break and IF the market will satisfy the Plancton's Academy rules i 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.
by InkyGrip
18
CADCHF - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on MONTHLY: Left Chart CADCHF is trading inside a big range and now approaching the lower bound / support zone so we will be looking for buy setups. on H4: Right Chart CADCHF formed a channel in red but it is not ready to go yet. Trigger => for the bulls to take over, we need a momentum candle close above the last high in orange. Meanwhile, until the buy is activated, CADCHF can still trade lower inside the monthly support. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
5
CADCHF Previous Target hit. Sell now, unless breakout happens.The CADCHF pair gave us a perfect buy 1 month ago after we spotted the RSI Bullish Divergence and the price rebounded strongly on the 1 year Support Zone: Our 1D MA50 (blue trend-line) target was successfully hit and now we see the price struggling to close above it. This continues to print the same sequence as the fractal that helped us spot the Bullish Divergence in early July. As you see on July 13, that rebound within the Channel Down was also rejected on the 1D MA50 and pulled-back to make a Lower Low. At the same time, its Symmetrical move that rebounded on the 1 Year Support also on December 20 2021, formed a short-term Channel Down (red pattern) that broke within the 0.618 - 0.786 Fibonacci Zone before rebounding above the Symmetrical Resistance Zone. As a result, our moderate short-term Target is the 0.618 Fib at 0.7200 and are willing to buy only it the price breaks above the Symmetrical Resistance in which case we can long a strong rally targeting 0.7500, 0.7600, 0.7700 and 0.7800 in succession. ------------------------------------------------------------------------------- ** 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! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
CADCHF - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. CADCHF is overall bearish trading inside the brown channel, and it is currently approaching the upper brown trendline. Moreover, the zone 0.735 in blue is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper brown trendline. (acting as non-horizontal resistance) As per my trading style: As CADCHF approaches the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
5
Joe Gun2Head Trade - Intraday Bullish Flag on CADCHFTrade Idea: Selling CADCHF Reasoning: Intraday Bullish Flag on CADCHF Entry Level : 0.7246 Take Profit Level: 0.7291 Stop Loss: 0.7225 Risk/Reward: 2.1:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
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
CADCHF - Over-Sold Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. CADCHF is overall bearish trading inside the orange channel, however, it is now approaching the lower orange trendline acting as a non-horizontal support zone. Moreover, the zone 0.71 - 0.72 is a strong support zone . So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower orange trendline. (acting as non-horizontal support) As per my trading style: Since CADCHF is around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2