Hey traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.72 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
The 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...
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...
Hey traders, in today's trading session we are monitoring CADCHF for a buying opportunity around 0.723 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.73 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
It seems that the Canadian Dollar/Swiss Franc is currently making a double top pattern. Since the slope of the price approaching the neckline at the Top 2 is more significant than Top 1, as well as the divergence between the two tops, I predict that the neckline will be broken, and the Canadian Dollar/Swiss Franc will go down to the support zone and target of...
CAD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE The CAD has enjoyed far more upside in the past few weeks than we anticipated. We’ve been cautious on the currency given Canada’s dependency on the US (>70% of exports) where the clear signs of a faster than expected slowdown and possible recession should deteriorate the growth outlook for Canada. Apart from that,...
The CADCHF pair has been trading within a very long-term Channel Up since the July 31 2020 Low. Our most recent idea back in May was focused around the incredible sell opportunity that we were handed when the price hit the top (Higher Highs trend-line) of that Channel Up: As you see the strategy was successful and the pattern played out exactly as expected....
CADCHF Possible Buy setup reversal pattern descending wedge daily time frame
Hey traders, in tomorrow's trading session we are monitoring CADCHF for a selling opportunity around 0.743 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
CAD/CHF inside a Downtrend, in the last session, touch the Dynamic trendline in confluence with the 100 Moving average and the Fibo levels, and today the price react with a new push down. The Forecast of Ichimoku is bearish and Stochastic is in overbought ready to drop, meanwhile, the RSI after some Divergences seems also ready to turn on the bearish side.
CADCHF Two possible scenarios for this currency from two valid block orders
Hey traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.743 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Currently struggling to break past 0.75600, which it struggled on the last attempt as well. Last attempt saw a drop 0.74800 area. I could also see it continuing 0.75600 before dropping.
I'm waiting for a sell trigger in that order block in the 5 min time frame
it may be a good idea to sell now just take 30 point and go out
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