Cadchfforecast
CADCHF possible sell area!!CADCHF ( 4H) has formed a head & shoulder on the 4H on the important level of resistance. In the last session, we have seen a strong rejection from the head & shoulder with textbook hammer sign of breakdown. It is highly likely that CADCHF will continue to drop as the long-term trend is down.
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CADCHF sell setup CADCHF ready to go up but before that it may drop down to white order block
I will look for long positions in white order block but now I have sell limit like this pic
it's a little risky. because the trend is bullish and this is a short position in a bullish trend
good luck
CADCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADCHF Sell Set UpBias is to the downside on this pair! We'll see what happens. Short term upper trend line broken, retesting trend line and my stop loss is at the previous high on the downtrend. Target is a 1:1 and the beginning of the short term upper trend line I created. Let's see how this plays out.
CADCHF forecast We have two zones for short positions. first of them is the red order block. you can put the sl top of the order block.
second price for short position is 0.767. be careful: DON'T OPEN short position without triggers.
final TP for short positions is 0.72
CADCHF possible long for 0.7710#cadchf, 24th june key reversal bar formed made a new low closed on the high. 19th July again key reversal bar formed. Need to break 0.7580 for long target as 0.7710. split risk into two trades, one from cmp while use remaining half if price dip down. stop loss 0.7450.
CADCHF BUY with X2 Confluences By looking at the chart, we can see the pair has been moving in a bearish direction for several day. We are starting to see sign that we might have a reversal on our hands.
We see a breakout of our key level which also signals a change in market structure from bearish to bullish. If we look around the low of June we can see a inverse
head and shoulder pattern has formed together with the breakout of the neckline area. This could also pass a triple bottom pattern formation at the low of the previous month.
List of confluences:
1: Head and shoulders
2: Triple bottom
The risk reward for this trade currently stands at 1 to 6.7 with our target around the high of June. The entry is at the test of the key level as indicated by the arrows on the chart.
Never risk more that 2% of you account on any single trade.
CADCHF LONGwe are at the demand zone and im long from this point
trade at your own risk
im not an financial adviosr
CAD/CHF Potential Sell Opportunity - London SessionI will be looking for a potential short trade on CAD/CHF if I can see price come into this area with a bearish confirmation signal.
I will not be going into the technical reasons for this trade.
EURCAD and CADCHF Top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADCHF looks good for a sell!CADCHF created a resistance at around 0.78000. The pair had a rejection at around the same level in May 2022 and price fell significantly. This time we also see the pair doing the same, we just witnessed a strong rejection at the same level. I expect price to continue declining with short term target at 0.760. For best sell entry, I will wait for the current correction to be completed and if I see a break below the correction I will consider going short on the pair.
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CADCHF $CADCHF Long ScalpCADCHF $CADCHF Long Scalp. TPs on chart. 30-50x leverage. Move SL on TP. Trail after TP2 with offset 1.5ATR and 0.5ATR step.
CADCHF seems BullishCADCHF took support on the previous contract price which is giving us strong indication of bullish momentum. It will be better to look buying opportunity on it.
CADCHF Sell with X3 Confluences
List of Confluence:
1. Head and Shoulders
2. Trendline Breakout
3. Key Level Breakout
The risk reward for this trade is 1 to 5.86.
CADCHF Short into 0.75000Confluences
1. Broke the Trendline
2. Daily New downtrend
3. New weekly candlestick low
4. Broke the inner trendline in downtrend
Looking to react in lower timeframe to these two entry points. But, still high probability the price will go in 50% FIB due to Daily lower high and broke the inner trendline.
CADCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADCHF | Good Short Opportunity. When it comes to the technical analysis of CADCHF , it is still in downtrend and likely to get at least 100 Pips to the downside. Based on technical analysis, it looks weak even in higher time frames and smaller time frames alike. That's why I came to this conclusion that this currency pair is still in downtrend. However, if the price breaks the above supply zone, don't go short. If you are going short, better place the stop above the supply zone and should wait for a proper pullback to go short.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
If you find this technical analysis useful, please like & share our ideas with the community.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
CADCHF Monthly out lookCADCHF in the Monthly time frame Retested We will Wait to upper supply break so down demand will be vail to enter buy Position. GOOD luck
CADCHF Sell analysis Are You ready??CADCHF is here to drop
Be ready. We have to wait till Liquidity removed. Trap Zone
CADCHF LONG - Buy Entry - MN ChartCADCHF LONG - Buy Entry - MN Chart
I will post H4 buy entry positions
Symbol: CADCHF
Timeframe: MN - Monthly Chart
Type: BUY
Entry Price: Buy on H4 pullbacks
Monthly Chart - TP - Resistance @ 0.78593
Weekly Chart - TP - Resistance @ 0.75270
Major Monthly Support @ 0.72873
CADCHF | Good Opportunity to sell.When it comes to CADCHF technical analysis , this currency pair is right now in a downtrend.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
CADCHF FOR A BULLISH REVERSAL?Price is in a downtrend on the hourly timeframe, as lower highs and lower lows are being printed. However, recent price action tells us that we might see a short term reversal.
Price is testing a key resistance level at 0.72350, after a possible higher low has been formed.
Before taking long positions, price needs to break above the level with a clear impulse, and then on the pullback shows signs of a continuation.
We do not want to get caught against the trend, so patience is needed to see this trade play out.
