Cadchfsell
CADCHF - SWING - 28. DECE. 2020Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
Bearish price turn..
4 HOUR
Strong closure below main sr level.
DAILY
Overall bearish market structure after a pullback.
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FOREX SWING
SELL CADCHF
ENTRY LEVEL @ 0.69200
SL @ 0.69540
TP @ 0.68730
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CADCHF, daily tf, descending channel short opportunityHello my friends,
I hope you all enjoy your weekend.
I will share my trading plan for next week and i hope it gonna be useful to everyone.
The last few days CAD was so weak that i think it could fuel furher weakness.
All the major pairs was strenghtening against USD but only CAD going into other direction.
My first plan for next week is CADCHF pairs. As you can see we're currently inside a descending channel.
As long as price inside this channel, taking sell/short positons are more favorable.
Only a solid close above this channel can change our bias from sell to buy.
Notice that the Friday candle validate a solid close below the inside bar pattern of previous 2 candles.
We might see a continuation to the downside in the coming week
I am not going to enter right away but i will wait for a retracement towards 0.6935 to enter my sell.
Sell limit CADCHF 0.6935
Stop loss 0.6975
Take profit 0.6855 (2R)
RR Ratio 1 : 2
Use 1-2% risk only
Take partial profit once we got +40pips profit and set SL to entry.
Good luck
CADCHF, 4hr tf, Head and Shoulders pattern to materializeHello my friends,
This setup might a little bit contradict my GBPCAD call as for GBPCAD to be favorable, we want to see CAD stonger than GBP.
But on the same time, CADCHF also making a potential shoulders head pattern and price already broken through the necklne or trenline.
That trendline or neckline was previously a support and also an area of confluences.
With price breaking below it wind a soid canle close on daily and 4hr tf, we could say sellers are really pushing it down hard.
Notice also the Friday candle of CADCHF looks like a bearish pinbar.
If this is really a head and shoulders pattern, then the measured objective is around 155 pips.
There is some key support on the way down so we will only try to aim arond 100 pips of the measured objective.
Sell CADCHF 0.6975
Stop loss 0.7000
Take profit 0.6875 (4R)
RR Ratio 1 : 4
Use only 1-2% risk
Good luck
Disclaimer : i hold cadchf sell position from 0.6975
CADCHF 4H [11/12/2020] Market OverviewCADCHF 4H Market Overview
Possible Sell opportunity, Strong rejection from Resistant area, we'll be looking to short the Cad-swiss from this area - Price has been contained in a little ascending channel towards .7050 resistance, I expect a move to downside going for .69666 and 2nd target .69100 Manage Your risks Accordingly.
Traders! if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
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.
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Thank you for your support!
CAD/CHF SELL 📉👋 Hello and welcome traders to another trade idea with Fobian
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👉 WE have sell conformation:
- Trend was broken.
- EMA's give us SELL signal.
- Candle close below ASIAN session.
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CADCHF - SWING - 28. SEPT. 2020Welcome to our weekly trade setup ( CADCHF )!
-
1 HOUR
Very bearish price action and pressure..
4 HOUR
Prices looking for more downside movements..
DAILY
Overall bearish market, good entry levels!
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FOREX SWING
SELL CADCHF
ENTRY LEVEL @ 0.69150
SL @ 0.69440
TP @ 0.68700
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
CAD/CHF H4 SellMarket sentiment seems to be on the positive side at this time, risk-on currencies could see some positive upside move throughout the rest of the Asia session... however we could see a change during the EUR session so I'm looking to sell CAD anticipating a bearish market mood and continuation of the downward trend.
CADCHF and Sell Area (27/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.