The CADCHF pair offered us an excellent sell signal last time we looked into it (July 02, see chart below) as trading within a Channel Down pattern, it was rejected on its 1D MA50 (blue trend-line) and hit our 0.63100 Target: The Channel Down priced its new Lower Low, even broke momentarily below its bottom aggressively, and now seems to have recovered. The...
The CADCHF pair has been on a strong 2-week rise after the 1D RSI turned oversold (below 30.00) that is testing today the 1D MA50 (blue trend-line) for the first time in 1 month (since May 31). Since the dominant long-term pattern has been a 18-month Channel Down, we expect this 1D MA50 test to deliver a rejection similar to November 03 2023, and resume the new...
The CADCHF pair Has been trading within a Channel Down pattern since January 2023 but recently it has shown growing signs that the long-term bearish trend is coming to an end. First of all, it formed the first Golden Cross on the 1D time-frame since April 01 2022. Since then, it has held the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) as...
It has been more than 4 months since our last analysis on the CADCHF pair (October 10 2023, see chart below), which was a sell signal that hit directly our 0.64800 Target: The current signal is no different, as the continuous rejection on the 1D MA200 (orange trend-line) since February 13, is giving a strong sell signal, which will be confirmed once the 1D...
Well, the market structure is bearish. liquidity above the previous day's high was collected and the price had a bearish reaction, so for now, we can expect the price to touch the bearish order block and we can search for entry in a lower time frame. 💡Wait for the update! 🗓23/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
The CADCHF pair is trading within a 5-month Rectangle pattern. Following the rejection on the 0.68310 Resistance and establishing the price action below the 1D MA200 (orange trend-line), it should begin the final bearish phase towards the 0.64600 Support. The 1D MA50 is in between but after the 1D MACD formed a Bearish Cross, it shouldn't hold. Our target is...
Here is my analysis for CADCHF on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for CADCHF on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for CADCHF on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Pair : CADCHF ( Canadian Dollar / Swiss Franc ) Description : Bearish Channel in Long Time Frame and Rejecting from the Upper Trend Line Consolidation Divergence Break of Structure Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line and Completed the Retracement Completed " ABC " Corrective Wave
PRICE has reversed impulsively from a double top value area inside a trend continuation pattern, and is currently forming a lower degree continuation pattern. Looking forward to take short side on the breakout.
The CADCHF pair closed yesterday above its 1D MA50 (blue trend-line) for the first time since November 08 2022. This is a bullish break-out opportunity targeting the 1D MA100 (green trend-line) as every prior time this break-out took place, the price always hit the 1D MA100 within the 6 month Bearish Megaphone pattern. Note that the 1D RSI being on Higher Lows,...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Here is my view for CADCHF on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The CADCHF pair gave us a perfect buy 1 month ago after we spotted the RSI Bullish Divergence and the price rebounded strongly on the 1 year Support Zone: Our 1D MA50 (blue trend-line) target was successfully hit and now we see the price struggling to close above it. This continues to print the same sequence as the fractal that helped us spot the Bullish...
Here is my view for CADCHF on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The CADCHF pair hit for the second time in 7 days the 1 year Support Zone that has been holding since the August 20 2021 Low. This Zone has provided three rebounds in total. At the same time the price is near the bottom of the Channel Down pattern that started after the June 09 High and its 1D RSI is on a similar bullish divergence such as the previous Lower Low...