Cadchfshort
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 - Beautiful SHORT set up - DO NOT MISSThis week I am looking for CAD weakness and just so happens that CADCHF is in the perfect area to short. It's currently rejecting the channel resistance and the 786 fib.
Risk Entry: Short now and stops above the channel
Safe entry: Wait for break of the trendline and zone marked and await retest
Do make sure to leave a comment and a thumbs up if you agree! Trade safe.
CADCHF Daily Long, Algo TradingCADCHF Daily longs. Trade was transferred from MT4 > Tradingview, all indicators aren't present. Keltner + bolly bands = trending, momentum = up, Means the pair is trending.
Volume isn't fully present to enter full risk position (fill 2%, enter with .05%)
QQE signals long
Strength is Long
Pair is Trending.
CADCHFIf you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast
CADCHF - ShortAs the CAD deals with the BoC interest rate decision, traders can look to continue to sell the Loonie.
What we need is price to break 0.69400 on the 4hr, retest this level and reject, to continue its path lower.
We will be giving this setup a look on Monday morning during our live trading session.
- RP Forex (Price Action Analyst)
CADCHF looking to go shortThe importance of the area around 0.70225 is evident.
It has held this pair several times in the recent past and I am looking to go short.
If you like my analysis please give it a “thumbs up” and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
CADCHF - Bearish BiasCAD - BEARISH
1️⃣ investors digest prospects of further economic stimulus in the US, lower oil prices and concerns over rising coronavirus infections and the economic impact of lockdowns around the world.
CHF - BULLISH
1️⃣ Fading hopes for rapid approval of the long-awaited US economic stimulus plan comes amid growing market worries about the potential economic fallout from the continuous surge in coronavirus cases.
2️⃣ Escalating US-China tensions in the South China Sea, further weighed on investors' sentiment and dampened the market mood.
=====
Technical
=====
We are selling the CADCHF at resistance + below SMA 50 on the H1 chart.
CADCHF: A SHORT term opportunity on this PULLBACK!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
CAD/CHF
⚪ Technical Analysis :
In the weekly time frame, since the end of March 2020, the price has been moving creating an interesting ascending triangle pattern, bouncing on its dynamic support line in July, October 2020 and also in January 2021.
In the daily time frame, the price clearly got many rejections on a strong resistance zone at about 0.70400 and it's now moving in the opposite direction, with a possibility to see the price retesting the main weekly trendline.
In the h4 time frame, since the end of December 2020, the price has been following a strong ascending channel and it broke it on the 22th of January.
It has currently broken a daily S/R level at about 0.69650 and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
In a long term I definitely want to see the price growing more but I'm confident to see it collapsing down until to retest the main trendline.
I'll be waiting for a pullback on the S/R level at about 0.69750 before getting a short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni