SHORTING CADCHF FOR 268 PIPSCadChf has been in a buy zone for sometime but after the ascending triangle for the bullish continuation failed to continue on 10th May at the opening of the London session. Price fell 40 pips of the ascending triangle and failed to break to complete the bullish move. Hence i'm expectinng a rejection of the move to 0.73800.
NB: there will be a massive price rejection at 0.74920 forming a possible head and shoulder or double top, still shorting CADCHF.
TIPS: SUPPLY ZONE; Box Region (0.77050-0.76776)
BREAKOUT ZONE: 0.74900-0.74600
SL: 0.77080
ROI: 1:4.97
Cadchfshort
Sell the retracement on CADCHFHello traders,
On Friday CADCHF had a strong move to the upside and before the close of the week, there was a strong move to the downside. This move to the downside is an indication of the change in order flow from bullish to bearish. It was confirmed by the formation of a breaker block on the same day.
However, since I missed out on the opportunity to go short on Friday, today I still pull the trigger to go short. This is because the price is targeting the Bullish Order block below. Also, the price must move more than 50% between the peak formation low and the peak formation high.
Remember to apply proper risk management. Like and Subscribe
Tue 26th Apr 2022 CAD/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a CAD/CHF Sell. I still have a partial Buy trade, so all okay there. Enjoy the day all. Cheers. Jim
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.
CAD/CHF Short Entry To Make New Lower High, Free 200 PipsThis 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
⭕️SELL CADCHF 🧐🔰You can see the analysis of the Canadian dollar in Swiss franc in 30 minutes time ( CADCHF , m30)🔎
As you can see in the image, the support and resistance ranges are marked in yellow and the trend lines are marked in white. In case of failure of the trend line , white and pullback❗️ price to it. I will sell. The limit of loss and profit limit are specified in the image.🧐
⚠️⚠️Please observe capital management and open a low volume transaction.❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
__________________📈TRADER STREET📉___________________
⭕️SELL CADCHF :It's time to sell🧐⭕️You see the analysis of the Canadian dollar to the Swiss franc in four hours(CADCHF , H4)🔎
🔰As it is clear in the analysis, the price has been neutralized in a certain range, and the support and resistance ranges have been marked in purple.🧐
The expected price movement is marked by a yellow line and the profit and loss limits are also indicated in the image.❗️
I have set the profit margin in the range of the white trend line and the orange support line.👌🏻
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_________________________📈TRADER STREET📉_____________________________
CADCHF | BREAKING SUPPORTCADCHF has made the top around 0.75100 level where we see bearish pressure and price start falling. Currently it is breaking the important support zone which has been reactive in the past (highlighted on chart).
We remain bearish untill the falling trendline is takenout
Trade your levels accordingly.
CADCHF | BREAKOUT OCCOURS CADCHF has finally given a breakout from the consolidation of more than 10 days. Looks like the direction is clear which is upside.
We are expecting the pair to move upside to 0.75500 level with retest to breakout zone will give bulls more confident.
Trade your levels accordingly.
cad/chf looking for a sell off at this resistance area???looking at cad/chf we can we see we Haven't smashed thru this resistance and im anticipating with this divergence we are seeing Price can drop from where its at
disclaimer - information shared is for educational and demo purposes only
happpy trading and let me know what you think?