CADCHF
CAD/CHF (Buying Opportunity)Long Call on FX:CADCHF
Triangle break-out to the upside!
It might retest the fib. level and go for a bull move or can directly shoot at the targets.
You can open a half lot and if it retests you can open the other half at that time.
Trade your levels accordingly!
Best of Luck!
Your feedback would be appreciated!
Analysis cadchf : 📅 10/5/2022CADCHF analysis:
Due to the formation of a downward trend, it is possible to enter into the transaction by following the capital management at the ceiling of the trend
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price: 0.72400
sl: 0.72900
tp1: 0.71850
tp2: 0.71500
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👤 Alireza hajighasem : @alirezahajighasem
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📅 10.5.2022
CAD / CHF PAIR - SHORTI have an open trade on this pair. I am currently shorting it using metatrader 5. This is my entry which is @ 0.72022 , my stop loss is @ 0.72089 and my take profit level is @ 0.71900 . With this set up I am still being conservative. I think that the price can go lower than the price for my take profit level. On the 1 hour time frame if you look at the chart it's looking like a flag is shipping. A bearish flag to be exact. This pair has been on a downward trend I actually expect this to hit 0.71900 . If any candle hits the price of 0.71900 with out any candle hiting the price @ 0.72073 then this pair is in big trouble. There is no more support after that. Keep in mind I'm looking at the 1 hour time frame chart. Guys this is my ideas and reasoning. Please subscribe and hope to have some people comment on this post. Let me know what you think... If you agree with me or not? Or if you have other ideas? Thanks guys.
CADCHF - Wait for a break out ✅Hello traders!
⁉️This is my analysis on CADCHF .
Here we are in a range for couple of days, I expect a break out and will look a position if price re-test resistance or support zone as we are between 2 institutional big figure 0.73000 and 0.71000 that are strong levels.
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My analysis for CAD CHFOn 1H time frame, the pair bounces from the moving average 200 and forms a price action candle, and retests a support area, the price is expected to rise until it reaches the previous resistance level and forms a harmonic pattern and then returns to decline again to its first target at 07255
CAD/CHF:SELL From Resistance Level DIV RSI - SHORTCAD/CHF Inside a Bearish channel, today open the market with a strong Bearish candle on the resistance line 0.7290
There is a Divergence on RSI and the Stochastic is at an overbought level. This kind of scenario can be developed as a new Push down for the price in the direction of the main trend, the downtrend.
CADCHF IS ON DAILY SUPPORT. WILL WE SEE A REVERSAL HERE?Check out the trade plan for CADCHF today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
CADCHF has revisited the daily support once again. Here I am watching closely the lower timeframes to identify the next possible direction in which this pair can contribute. Expected targets for each breakout and reversal have been pinned on the chart for reference.