Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for CADCHF. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hi All, We are looking at an inverse H&S forming on CADCHF H1. Where we are buying the head. Entry, SL, TP marked. Follow, Share, Like and comment
FX:CADCHF [/symbol If you want to use this idea, please risk only one percent of your account balance.
The CADCHF pair closed yesterday above its 1D MA50 (blue trend-line) for the first time since November 08 2022. This is a bullish break-out opportunity targeting the 1D MA100 (green trend-line) as every prior time this break-out took place, the price always hit the 1D MA100 within the 6 month Bearish Megaphone pattern. Note that the 1D RSI being on Higher Lows,...
Subsequent formation of lower highs after bearish divergence show strong sell call for this pair
CADCHF is approaching a key level. To catch a pullback from that, watch a triple bottom formation on 1H. 0.679 - 0.6796 is its horizontal neckline. Your confirmation will be its bullish breakout (hourly candle close above). Then buy aggressively or on a retest. Targets: 0.681 / 0.6822 If the price sets a new low, the setup will be invalid. ❤️If you have any...
$CADCHF - Trade idea! Channel at support a break of channel takes you towards next support areas of .68890 areas. However, break above .69400 areas a re-test of highs of.69600 areas Trade what you see, not what you think... Trade Journal
Analysis CADCHF : Due to the formation of an upward trend, we can expect price growth up to the set goals. . . price: 0.68750 sl: 0.68000 tp1: 0.69550 tp2: 0.70100 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 1/17/2023
Hi all, following on from last week long on this pair, we are looking at opening a buy position on this pair this week using the H1 timeframe. W1 Bullish engulfing candle with a possibility of a 3 inside bullish crown. Price has offer a decent retracement to the 60% fib level. entry, sl and TP marked. Please like, follow and comment if you have any...
The hourly chart control of bears as the price continues to form lower highs after breaking its double top neckline.
Hi all, We are looking at opening a buy position on the CADCHF pair, Using double bottom and support/ resistance. Entry, Stop Loss and TP shown on chart. If you support this idea hit the likes bottom. Thanks
CADCHF broke the above trend line that market have been respecting for the last 2 years & 6 months. When a 2+ year trendline have been broken the market is trying to tell us something, if you look close enough you'll see market dropped 680 pips to break that trendline and is currently consolidating that move. When market decides to break the previous low made...
Hello Traders, here is the full analysis on CADCHF , let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. Kindly tap on like and follow button l.. Please also refer to the Important Risk Management
The CADCHF pair touched 0.6780 level to form intraday obstacle against the negative trades, to notice forming temporary correctional rebound and test the additional barrier at 0.6890. We assure the importance of gathering the additional negative momentum to manage to renew the bearish attempts and repeat the pressure on 0.6780 level, while achieving the required...
Hi viewers, CADCHF UPDATE, first analysis attached, bullish continuation in next days expected TP1: 0.69500 (70) TP2: 0.70000 (120)
A yearly support zone dating back to 2022 was touched by CADCHF. The price bounced off that zone. But there is a lack of liquidity, making it difficult to trade long. The price is likely to retest the resistance level at 0.6800 and make a bauble bottom pattern, But this time, there might be a liquidity hunt for orders below 0.6800. You should wait until the hunt...
The bearish rally has seemed to bottomed out after formation of bullish divergence and subsequent higher low. Buyers are advised to wait for the breaking of strong resistance level before going long in this trade.
Hi viewers, price on zone, here in new week bullish cont. expected TP1: 0.69330 (60) TP2: 0.69630 (90) TP2: 0.69930 (120)