Cadchf Long analysisBase on current price action, I'm looking for some bulls in the NY session. Waiting on this retest.
Cadchflong
CAD_ Opportunity to LongCAD is over sold on 1h time frame and about to see a rally on this C point for next week. look for buy signals and inter long. Never trade with out a confirmation.
CADCHF: forecasting July 2020Hi,
this is CADCHF as you can see it is developing a three touch pattern with possible double bottom all that is telling me a reversal to the upside is on it's way.
a closer look
please remember this is my analyses.
Kind Regards
CADCHF LONGCadchf has been serving me pips these last weeks :)
This hidden bullish setup forming on the 4H as well as a hourly divergence, presents a good entry for a long position. This following a significant pullback after we experienced a breakout of a 4H trendline upwards after the CAD rate release last week.
CADCHF, Bullish Possibilites..
4H reflecting another Bullish Pattern
Channel broken and retraced nicely..
I am expecting Bullish Momentum from 0.69 zone
Critical Point.
Strong W,D,4H Rejection Zone.
Bearish Channel Broken.
0.5 Fib Level
CAD/CHF could go higher now💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
CAD/CHF has been pushed down recently. Now price has approached resistance line and there is possibility of price going up again. We will wait for price action to confirm rejection before entering any long positions.
Let us know what you think about this idea.
Trade safe !
CAD/CHF: Waiting for the Next PhaseI been mostly busy lately, but that didn't stop me from wanting to do an entry for the CADCHF pair before market close. Right now, the bearish action is making me anxious and some people may think this could be sign of a sell off, but I think it is actually due to market hours. Looking at the continuation pattern, I expect the upcoming wedges to be more towards signs of bullishness. I also think the next phase is likely positive. That being said, everything I say is on an opinion based basis. Please pursue at your own risk. Do your own due diligence and this is not meant to be taken as actionable financial advice.
CADCHF Potential rebound to 0.712 but might fail to test 0.72OANDA:CADCHF
CADCHF is in its lower bound of Bollinger band in the daily chart, so rebound potentially happening in a short term . Resistance 0.712 seems achievable but it will hard to breakthrough resistance 0.72xx unless there is significant financial news or fundamental progress.
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Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
CADCHF LONG- Strong bullish candle on the daily, with a break
of the 50MA
- Break of descending trendline on the 4HR
- Looking for pullback to 0.382, ideally further down to the 0.618, lines up nicely with the MAs on the 1HR and 4HR
CADCHF Forecast 13th-16th June 2020Hi,
This is Canadian Swis Franc, as you can see i have made my analyses on this pair, i am expecting to go for long.
It showed a pattern that makes this pair to go for long.
Please remember this is just my opinion.
thank you.
CADCHF, Critical Rejection Point..
Critical Point.
Strong W,D,4H Rejection Zone.
Bearish Channel Broken.
0.5 Fib Level..
4H reflecting another Bullish Pattern
I am expecting Bullish Momentum from 0.69 zone
CADCHF long trade ideaPlan: resistance level breakout --> 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
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
