cadchf break for bearish moveAfter it reject a major resistance, it break the trendline for a bearish movement.
Cadchfshort
Cadchf Sells 0.74600cadchf: watching for sells here at the 0.74600* at my "line". Am looking to enter, stay connected
CADCHF Sell Ideathis pair formed a valid trendline with 3 touches on H4 timeframe
now we're waiting for a momentum candle to close under the 3rd touch of the trendline so we can enter a sell position
Good luck
CADCHF 1h short ideaCADCHF reached the 1h POC, targeting the 0.618 fib. Extended TP is Tokyo low (grey rectangle)
CAD/CHF SELL SignalCAD/CHF Signal
Market Sell: 0.74830
Stop-Loss: 0.75430
Target 1: 0.74100
Target 2: 0.72700
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 3.56
CADCHFHead and shoulder pattern about forming already. Lets hope the market follow this structure...
CADCHF - My trade for the week!Hello guys!
Welcome to my trade for the week.
Here we are expecting CAD weakness soon, and CHF strength as the recent USD highs start to wane.
This is a fairly simple analytic setup, with clear recent limits, and some nice impulse correction patterns developing in the mid-range timeline.
I have marked out the corrective trendline, including the smaller timeframe.
Ideally, we would like to see a double top and rejection of the marked level, which is also the 78.6 Fib level.
I am not expecting any really significant news for this week.
I have provided two possible entries - sniper and safer. Sniper gives more reward, but any spikes from brokers or news may close an otherwise successful trade.
if a stop loss is reached DO NOT chase the trade. I have had an 86% success rate for trades posted here (for free!) so you will always have other options. Do not give money back to the market.
This may initiate quite soon!
If you like my charts and appreciate what I do here for free, please like and subscribe, follow and comment - it makes a huge difference for me, and really motivates me to keep providing the work for you.
If you have any questions, please do feel free to contact me, too.
Good luck, trade safe!
DrBear
Wait for the opportunity to sell with CADCHFH1 time frame.
Structure: Uptrend. The price moves in an ascending channel with a wide range.
There is now a divergence signal and the key level is at 0.73000.
Wait for the confirmation of the downtrend and the appearance of a sell signal, then you can sell with CADCHF.
The profit target is the support line of the price channel, price zone 0.72400.
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Wish you all have a good trading day!
CADCHF Short Term selling oppotunity, 1:15RRCADCHF Short Term selling oppotunity, 1:15RR. Wait for a retracment to enter on M5, target EQL on M30
CADCHF Weekly Forex Analysis & Trading Idea for 4-8 October 2021CADCHF Weekly Forex Analysis & Trading Idea for 4-8 October 2021
cadchf short + ReEntry pontcadchf short + ReEntry pont
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smartmoney
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cadchf short + Entry pontcadchf short + Entry pont
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CADCHF LONG CADCHF LONG is just good to buy untill reachs the resistant line and you sell it when it broken the resistant line
Wait for a sell signal with CADCHFH4 time frame.
Structure: Downtrend.
Price formed a reversal pattern and broke the Key level at 0.72300.
Wait for a sell signal and the profit target is the 0.71000 price area.
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Wish you all have a good trading day!
CADCHF shortCADCHF short analysis:
On the daily timeframe, we see a bearish run from August 12 that ended with a bullish doji on August 20 and the pair has been correcting since then. On Friday, we saw a bearish hammer close just below 78.6% of the previous bearish move and yesterday's trade confirmed the bearish move with an engulfing candle which closed below 50%. 61.8% was approached and rejected this morning (which gave the entry).
On H4, H1 and M15,the 200/50ema cross has just been retested.
A daily close below 50% should give an entry, sl above 61.8% and take profit at -27.2%.
Good luck
FOREX ANALYSIS : CADCHFFX:CADCHF
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
