CADCHF ( 4H) has formed a head & shoulder on the 4H on the important level of resistance. In the last session, we have seen a strong rejection from the head & shoulder with textbook hammer sign of breakdown. It is highly likely that CADCHF will continue to drop as the long-term trend is down. Thank you for visiting the idea, press the like button if you enjoy...
#cadchf, 24th june key reversal bar formed made a new low closed on the high. 19th July again key reversal bar formed. Need to break 0.7580 for long target as 0.7710. split risk into two trades, one from cmp while use remaining half if price dip down. stop loss 0.7450.
CADCHF took support on the previous contract price which is giving us strong indication of bullish momentum. It will be better to look buying opportunity on it.
Confluences 1. Broke the Trendline 2. Daily New downtrend 3. New weekly candlestick low 4. Broke the inner trendline in downtrend Looking to react in lower timeframe to these two entry points. But, still high probability the price will go in 50% FIB due to Daily lower high and broke the inner trendline.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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...
CADCHF is here to drop Be ready. We have to wait till Liquidity removed. Trap Zone
Looing at CADCHF on 30M timeframe We looking for a possible short/sell position
CAD-CHF has retested the descending and horizontal resistance at0.7300 Because the level is strong I expect a bearish reaction With the target is to support below when 0.71800
When it comes to CADCHF technical analysis , this currency pair is right now in a downtrend. If you find this technical analysis useful, please like & share our ideas with the community. 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...
Hi TRADERS this is my trade set up for the CAD/CHF CAD/CHF Coming in to area of resistance I am looking to take a sell only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please like comment and follow
Hello traders. I expect the price to fall 110 pips by breaking this trend line so that the previous floor is a safe place. Are you agree?
Hello traders. Due to the failure of the 4-hour trend time frame line, I expect the second and third waves of correction to be like this. Be profitable.
Hello. After the failure of the set level, it can move to the previous floor of the price
It's not late to jump in and ride the short term wave for 60+pips. Strategy: Shift in Direction There is BOS and Correction to 78.6% fibo level of the swing that caused the break. I expect price to grow to my target 2, but first, i have to cover the cost by taking profit in-between. LET ME KNOW HWAT YOU THINK (LIKE, COMMENT AND FOLLOW ME PLEASE)
The market is moving down. A good time to join the trade. I have determined the position, price and I am waiting for the market to return to the short zone
this 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