CADCHF long trade ideaPlan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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Cadchfanalysis
CADCHF. The key level will not allow the price to grow.Hello dear subscribers!
This chart shows how the Canadian dollar price cannot cross the key level,
the price will drop to the support level at 0.67500.
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This idea does not provide the financial advice.
CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.69716 where it could potentially react and bounce to its resistance at 1st resistance at 0.67494
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF LONG! Price Currently Trading Above Confluence of SupportRecomended: Confirm Buy levels with Buy-triggers for Long entries-- Or counter-trend on confirmed rejection at key-levels
Note that Strong CAD and Weak CHF are confluence for Long-setup; wait for more weakness on CHF considering CAD has been on the gain.
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CADCHF: BULLISH IN UPCOMING YEAR .Thanks for Taking Interested in my Trading Idea.
CADCHF: BULLISH IN UPCOMING YEAR
WE HAVE SEEN A VERY STRONG FALLING WEDGE PATTERN IN MONTHLY TIME ZONE.
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CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.73509 where it could potentially react and bounce to its resistance at 1st resistance at 0.73889.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF SELL Swissy is looking strong across all pairs, currently having a minor retracement, looking to hop on the continuation downwards for this particular pair. Wait for multiple 4 hr candle body's to close which are showing rejection of the purple zone given. Taking this all the way down to the -61.8.
265 PIP GAIN 9/1 RR
Trading Pathways Analysis of CADCHF H4 Chart
The outlined white arrow pathway is the predicted pathway that the CADCHF will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where CADCHF will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
CADCHF Looking for Short EntryThe chart shows clearly what I am looking at here. We have the impulse wave down breaking below the support zone and now I am looking for a sell opportunity in this pair. I will then aim to ride the wave down to the longer term trend line below!
I am looking for a pullback up to the support/resistance area before awaiting confirmation on a sell trade. If price doesn't pullback to the highlighted area I will be skipping this trade.
We have a 3.5 Risk Reward ratio on this trade.