CADCHEF SELL IDEAoverbought from weekly down to 1hr chart.
Broke through the channel(false breakout I think).
RSI Divergence on the 4hr chart from the 15th March 21, 5:00 candle to the 31st March 21, 17:00 candle.
Cadchfsell
CAD/CHF 2 Entries To Catch 200 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADCHF Sell (My View)Man I HATE tRADING mINOR pAIRS::: aNYWHO. A Sell Opportunity Here Is Popping Up:: This Pair Is On Strong UpTrend That's Slowly Losing Momentum $ Looking To Benefit From This:: TP 1 $ 2 Yellow Lines... SL Indicated On Chart As Well. HopeFully It Plays Out
CADCHF - SHORT; Get ready to dump this one hard!!"Commodity Super-cycle" = Inflation = Tooth Fairy.
SHORT it hard 0.7320-0.7350
The Daily;
CAD/CHF New Analysis And 2 Entries To Catch More Than 200 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADCHF - SELL HTF Ascending channel ( reversal pattern)
LTF bearish reversal pattern towards the upper trendline
CADCHF 0.72 Zone Four Year Critical Area Of Interest 0.72 zone marks an important area where CADCHF is current market. This could be shorted with tight stop loss and possibly low drawdown
Take a short position on CADCHF 4HAs you can see, price is going up in parallel channel. Price has reached to it's high level and need to get a bit rest for next movements. So I expect to see a bit decrease within the channel and almost 150 pips profit is possible.
CADCHF - SELL SELL BIAS
Price has approached a triple top zone, need to wait for an LTF correction as drawn-out before entering a sell trade
CADCHF Short (Sell) Trade SetupPrice is currently reacting from a zone of interest and we may get a bearish engulfing candlestick close on the open of the London session.
Bearish Bat PatternCADCHF BEARISH BAT PATTERN
Market Sell Order Set Up.
Sell Entry: (0.69862)
Min Take-Profit: (0.69554)
Max Take-Profit: (0.69362)
Stop-Loss: (0.70186)
Max Risk-Reward: (1.54)
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Bearish Shark PatternCADCHF BEARISH SHARK PATTERN
Market Sell Order Set Up.
Sell Entry: (0.70489)
Min Take-Profit: (0.70213)
Max Take-Profit: (0.69996)
Stop-Loss: (0.70764)
Max Risk-Reward: (1.79)
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CADCHF: Triangle patternThe Darkest hour is that before the down, the great hope and light which always draws you towards itself. In Elliott wave analysis, these sparkling lights are the patterns, and when we encounter a pattern, we can build the whole path. What we have learned in Elliott's rules is the importance of the patterns, the most valued of these patterns are Diagonal and Triangle, which we can determine the direction of the movement according to their position.
In the case of this currency, a Triangular pattern is being formed and we know that this pattern can be formed in wave B or 4. For this reason, and considering the history of the chart, we can consider this wave as the 4th wave, which will start the uptrend in wave 5 after the downtrend.
CADCHF W2 Jan 2021 CADCHF
Short Setup
Setup is done based on its consolidation pattern in a shape of a triangle since early June 2020.
Invalidation zone may be placed just outside of the triangle pattern around 0.70000-0.70500 area.
CADCHF After the price action, which formed a triangle, in the picture the ideal was penetrated from the top and tested for two days, which resulted in us completely rejecting the bulls. We are very likely to go up
cadchf long then short. Contact me best account managementcadchf long then short . Contact me best account management
CADCHF, 4hr tf, double top pattern inside descending channelHello my friends,
Another setup to trade is CADCHF pairs.
As you can see CADCHF moving inside a descending channel for the last 2 months.
I don't see any pattern to confirm a breakout yet.
As long as price inside this channel, we will only look to sell.
There is a double top pattern and price currently retracing at 61.8% fibonacci level.
Exactly at this area, there is EMA-200 which acted as resistance.
If you look to the left, there was a gap from this point as well before which i think will acted as a resistance as well.
In conclusion, this 0.6930 area is an area of confluence resistance.
Sell CADCHF 0.6930
Stop loss 0.6965
Take profit 0.6860 (2R)
RR Ratio 1 : 2
Use only 1-2% risk
Good luck
