CADCHF-Short#CADCHF
Market continues to fall from same falling resistance for certain time. Again it is not able to cross that line. So we have a good chance to get some 50-60 PIPS profit in sell.
Cadchfidea
Short CADCHFWhat I see:
- Price has reached major structure high
- A bearish hammer has been formed
- Stochastic is currently overbought and crosses
I'll be expecting price to short towards the closest and most respected support zone which is 0.72326.
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CADCHF | Good Opportunity to sell.When it comes to CADCHF technical analysis , this currency pair is right now in a downtrend.
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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.
Long CADCHFI'll be expecting price to long towards 0.73055 (previous major swing high) after breaking middle resistance zone and shows bullish momentum.
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.
Cadchf ready to big Fall are u ready Dont missed Great Entry Cadchf ready to big Fall are u ready Dont missed Great Entry monthly downtrend daily down trend I m expecting h4 from supply
Long CADCHF6 rejections and 1 false breakout from the ascending trend line on the daily chart. The trend line was respected since March 2020. Price rejected of from the resistance horizontal zone twice, turned into a support zone and price rejected that twice in the 4hr chart. I'll be expecting price to long towards 0.72900.
CADCHF clear bearish price action Hi Traders,
CADCHF is consolidating within a bearish continuation correction which with the Global events occurring I suspect CHF to gain strength. Price action clearly shows sharp impulses after the corrections complete and with the Russia and Ukraine tension happening, we may expect another impulse move downward.
Always wait for confirmation before taking your trade. Follow your trading plan!
Good luck!
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Bearish price action, look for a SELLHi Traders
CADCHF is showing bearish price action with multiple corrective structures developing. The last correction gave us an LTF correction at the top of the channel to validate a sell opportunity. Price pushed down and gave us a CAB entry (correction after breakout).
Manage your targets appropriately and follow your trading plan.
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short CADCHFGood area for SELL position
It may fall sharply from our diagonal line and we can not enter
But I see a good place to open a SELL position in this area
FX:CADCHF
CAD/CHF 1HR SELL SET UPHi TRADERS this is my trade set up for the CAD/CHF
CAD/CHF Coming in to area of resistance I am looking to take a sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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Short CADCHFI expect price to fall towards the previous swing low as it has been respected several times since December 2021. My second reason is because price has broken out of the ascending trend line which has also shown strength since December 2021. After seeing that there has been a clear break to the low side, I won't be surprised if price heads up for a retest before shorting towards 0.71950, which is also a major ascending trend line that started in March 2020.
Long opportunity Hello traders
As you can see on the chart, the price is in a bullish trend.
Now the price makes a HL . After a good signal it will go up for making a new HH.
Always use stop loss
What do you think about this idea?
CADCHFHello traders. With the break of the uptrend line, the price is expected to return to the levels of 50% to 61.8% and decrease to the previous floor. Be profitable
CADCHFHello traders. I expect the price to fall 110 pips by breaking this trend line so that the previous floor is a safe place. Are you agree?
CADCHF SetupCADCHF is trading in a parrallel bearish channel, making swing lower high and lower lows.
We are expecting bears to drag the price from the resistance zone.
Trade your levels accordingly.
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CADCHFHello traders. Due to the failure of the 4-hour trend time frame line, I expect the second and third waves of correction to be like this. Be profitable.
CADCHF SHORT SELL CADCHF (@ 0.7176)
Take profit 1 at 0.7144
Take profit 2 at 0.7114
Take profit 3 at 0.7064
Stop loss at 0.724
Cadchf ProjectionsSo, the structural change from the canadian dollar and czech currency have been looking bullish lately.
Here's my projction!
CADCHF LongI am going to look for reasons to get long at this area. Reasons - 50% fib, Key support level, order block.
