Cadchfanalysis
200 PIP TP CADCHFprice broke trendline after reaching the top of this channel, looking for a short position once this correction has been fully broken as well.
CADCHF ShortCAD CHF has been trading bullish for the past week, but it seems that it is going to end... no the trending channel is broken and the bearish setup is in play.
this is my idea guys let us see what market gives us.
Good luck
CAD/CHF : Looking Hot For SELL BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Cad/Chf Almost Ready For A Reversal (Divergence On Oscilator)Cad/Chf is near ready for a reversal. As you can see on the chart with hour 4 , Divergence has been spotted! Does this mean to enter a sell right now? ABSOLUTELY NOT!
So how do you enter a sell? You can enter with many confirmation tools.... Such as A Moving Average Crossover, Candlestick Analysis, Etc!!!!!
These Yellow Zones on the chart was created on the Daily Time Frame because when you trade, you always draw these zones on the time frame higher than the one your trading on!
So wait for price to hit the daily resistance level on HOUR4 Chart... Then Find your reason to go short!
Happy Trading!!!
POTENTIAL FURTHER DOWNSIDE ON CADCHF This pair is in an overall downtrend and we may see price re-test the zone i have marked with the grey line to potentially break bearish and make new lows.
Entry - grey line
Stop loss - red line
Take profit - green line
Risk exposure - 1%
RR- 1:2
CADCHF bounced from support, potential for a further rise!
CADCHF bounced off its support at 0.74909 where it could potentially rise further to 0.75469.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Is it time for CADCHF to bull?Hello guys, Currently We keeping eyes on CADCHF
since it hit major key support (0.73541 price level).
Price has gone on to break minor area of structure
with some sort of fast bullish mommentum.
What we looking out of this pair is a retracement
to our first Price reversal zone(PRZ) being the 38.2 fib
level together with some candlestick patterns in order
take some trades on this Pair
CADCHF potential reversal!CADCHF expected to rise up to 1st resistance at 0.74353 where it could potentially react off and drop down to 1st support at 0.73857.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF Latest Technical AnalysisCADCHF sale .74450
Target 0.73350, 0.73850
Stop Loss .75000
Mid Term Trade
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
CADCHF approaching resistance, look out for potential reversal!CADCHF is approaching its resistance at 0.74514 where it is could reverse down to its support at 0.74102.
SMALL SELL OPPORTUNITY ON CADCHF CADCHF showing some bearish potential.
Entry - Grey line
Take profit - Green line
Stop loss - Red line
Risk exposure - 1%
Hit that follow button if you don't already :)
CADCHF down trend continuationCADCHF tried recovering from the down fall but couldnt. The number of hours it used to retrace is much higher down the continuation hence letting us know how weak the CAD is getting and going to continue falling until key level Im watching
BEARISH RUN AFTER RETRACEMENT FOR CADCHFWe can currently see this pair retracing thus gaining momentum and also creating bearish divergence for a potential bearish continuation. We can see the same setup on USDCHF. The grey line has been marked at 50% fib level of that bearish move. Should price move to the red line which is our SL, this would invalidate our trade idea. Our tp is marked at 100% of the retracement.
Grey line- entry
Red line - Stop loss
Green line - Take profit
Risk exposure - 1%
Risk to reward 1:2
CADCHF short opportunityPrice broke support and consolidated just under the resistance line. Last week 4h candle closed with a bearish pin indicating a short opportunity. This is a swing trade for me and targeting 300 pips or thereabouts. Happy new trading week guys.
CAD/CHF - 100 Pip Long Term ShortCAD/CHF has broken its 8H 50 EMA support and entered into a bearish trend.
We can expect it to fall 100 pips as long as the 8H 50 EMA holds strong as resistance.
Trade safe.
CADCHF Analysis: Bearish BiasConclusion for today's CADCHF analysis: A sell off in the CAD CHF is anticipated that should last for weeks or months
The Daily timeframe of the CADCHF is presented in this analysis with a falling wedge chart pattern highlighted. A falling wedge is ideally bullish, but in this case, price consolidating and selling off at the upper boundary of the wedge implies bearish consequences. A bearish divergence on the Daily timeframe also argues for a sell off in the CADCHF and trade is expected to last for weeks to months.
Target for such a trade is the long term bullish trendline in the CADCHF or the lower boundary of the wedge.
