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
Cadchfshort
CAD/CHF: more Bearish continuationHello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the asset , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Monthly timeframe:
Weekly timeframe:
Daily timeframe:
4 hours timeframe:
The market is currently following a descending channel and as you can see on the chart, at the beginning of this channel, the most trading activity was on the higher part, clue that the buyers were still trying to push the price up.
Recently the view is changed, in fact sellers now seem to be very aggressive, just look how quickly they reject the price!
When, where and why would I step into the market?
Considering the recent trading activity on the lower part of this dynamic value area, I will be only looking for sell positions.
I will patiently wait a price retracement back to the higher value of the channel and only in that moment (if it will happen), I will be looking for a bearish price action and a good entry point with a RRR of 1:2 or greater.
My SL would be above the channel and my first TP around the middle line.
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
CAD Daily strength goes strong sideMoreover, CADCHF goes down the the Demand Zone as shown. Good Luck!
CAD/CHEF Good Time to Short ?? Observing the chart, Following DOW theory and Support and Resistance
Is it good time to SHort CAD/CHF ??
Like and follow for more ideas and updates.
THank you :)
CADCHF SHORTS UPDATE 📉📉📉We are currently 4R UP, we have strong bearish momentum in play on this chart. I would leave my take profit into bearish orderblock area on h4. Just wait and be patient there is no rational reason to close the shorts
What do you think ? Comment below..
CADCHF 4h short (running)CADCHF, i entered at the red downwards lvl at the 0% lvl targeting the 100% on the bottom, clearing out all levels. Taking partial profits.
CADCHF SHORTS 📉📉📉We are in a bearish market structure on a HTF premise, price is rejecting right now a bearish breaker area. We have a lot of bullish imbalances that price will tend to fill this days.
LETS GO TO THE DOWNSIDE?
Do you agree ?
CADCHF Trade IdeaThe CADCHF has just broken a previous low, I'm looking at layering in short positions. There's a price gap under which could give us an opportunity if it gains momentum. This is more of an introductory trade setup.
CADCHF long position
CADCHF right now its in a decent upward move and price has been respecting the trend line and its doing the same thing again, so i am still looking for buys
CADCHF - Catch This Big Wave ⚡️
CADCHF is currently showing us the perfect correction. In Elliot wave theory, this correction is called a Flat correction made up of 3-3-5.
3 waves - WXY (Wave A)
3 Waves - WXY (Wave B)
5 Waves - 12345 (Wave C - we are currently in the bigger Wave C)
Following on from our last CADCHF post, we have seen the wave 1 and now retracing for wave 2. Wave 3 is typically the biggest move so it would be best to trade that wave.
Trade Idea:
- Watch for bearish price action at the 61.8 fibonacci level and take CADCHF down.
- Stoploss above the rejected price
- For take profit, once price moves down, use a descending trendline to manage your trade and exit when price breaks that.
Goodluck and trade safe!
CAD/CHF 4HR CHART SELL Hi everyone this is my trade set up for the CAD/CHF
This is my analysis only please trade with caution and risk management in place
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
good luck for this weeks trading
please like and comment both are welcome thanks
CAD/CHF:DOWNTREND|PRICE CONTINUE TO FALLING DOWN..⚡️Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
CADCHF SELL BIASWe have a sell bias on CADCHF but we are waiting for a pullback/retest and candlestick signal before going for our sell trade.
CADCHFBullish Indicators:
1) Support zone at 0.73294
Bearish Indicators:
1) Resistance zone at 0.74278
2) Downward trend
Plan A: One can take short position on the rejection from the resistance zone of 0.74278 for the target of 0.73745 and 0.73387
Plan B: On contrary if pair break the resistance zone with a good bullish candle one can take long position for the target of 0.74944
CADCHF SHORT IDEAHey guys, this pair traded to the daily resistance. We see a bounce from that level. On the H4 timeframe, it has been forming lower lows and lower highs which indicates it's bearish momentum. I expect this pair to continue falling
Fri 22nd Oct 2021 CAD/CHF Daily Forex Chart Sell SetupA slightly higher risk sell trade setup on the CAD/CHF. This is generally a slow moving pair. You can read my notes on the charts regarding my thoughts about this setup. But if you normally risk 2% on a trade, then I would only consider 1% risk on a trade like this. Cheers.
CAD/CHF: REVERSAL HARMONIC PATTERN | SHORT SETUP READY....Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
CADCHF SHORTCADCHF has reached the top of our trendline channel. we are anticipating a move to the downside where the prices will correct to the support represented by the rectangle zone and the trendline. USE GOOD RISK MANAGEMENT.
CADCHF SHORT ANALYSISThe price is currently in a descending triangle and we can observe it inability to break above it last high, we are expecting price to break below and retest the trendline and structure. Like this if you find it helpful. Thanks
