Bullish bounce?CAD/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 0.62079
1st Support: 0.61788
1st Resistance: 0.62555
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CADCHF trade ideas
CADCHF - 4hrs ( Sell Trade Target Range 150 PIP ) 🟢 Pair Name : CAD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
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🟢 Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
0.62250 Area
Reasons
- Major Turn level
- Visible range Hvn
- Channel Break
- Month low Break
- Day low Break
- Fibo Golden / Break
Bullish Reversal
0.60650 Area
Reasons
- Fibo Golden
- Pattern Target
- Quarter low
- High Volume
- Major Counter Trend
CADCHF - 4H - Bearish Continuation Technical Analysis: CADCHF is in a bearish trend, having broken out of a previously bullish channel and consistently closing candles outside the channel. We will enter a sell position at the 0.5 Fibonacci retracement level , below the channel and respecting the trendline. The pair is printing lower lows (LL) and lower highs (LH), indicating strong bearish momentum. There is No Divergence on higher timeframes, further supporting the continuation of the downtrend.
Fundamental Analysis: CHF has been gaining strength over CAD, particularly from the start of October, reinforcing the bearish outlook for CADCHF.
Seasonality: According to seasonal patterns, CADCHF is expected to remain in a downtrend until the end of October.
Entry Strategy:
Entry Point: Sell at 0.62529 , around the 0.5 Fibonacci level.
Stop Loss: Set at 0.62888 , above the last lower high (LH) in a strong resistance zone to manage risk effectively.
Take Profit: First target at 0.62081 to capture gains from the continued bearish movement.
This strategy leverages technical signals, seasonal trends, and fundamental strength differences between CHF and CAD, with a clear risk management structure in place.
CADCHF IN BULLISH TREND Technically:
CADCHF is moving in channel
CADCHF is printing Bullish Divergence
CXY is printing bullish divergence
SXY is printing Double Bottom with divergence
Fundamentally:
According to COT Data
CAD is Bearish
CHF is Side ways neither bullish nor short
Sentiments:
CADCHF is 90% Bullish
CADCHF - Look for a sell !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
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CADCHF Elliott Wavehello friends
In the CADCHF currency pair, we see the formation of 3 Elliott patterns.
The first pattern consists of a 5-wave impulse wave, which we can call wave 1 or A.
The second wave is a ZigZag and the third wave is an Expanded Triangle.
Considering that two correction waves have followed, the possibility of changing the trend is very high.
My guess is the start of an impulse wave at the dominant wave 3 or C.
A buy trade can be prepared with a stop loss below wave 1 or B, which is the range of 0.6190.
If the price breaks the bottom of the triangle and the price closes in it, our theory is invalid and you can enter the sell trade.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
CADCHF On The Rise! BUY!
My dear followers,
This is my opinion on the CADCHF next move:
The asset is approaching an important pivot point 0.6239
Bias - Bullish
Technical Indicators: Supper Trend generates a clear Bullish signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6267
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
#CADCHF 1DAYOn the CAD/CHF daily chart, the price has reached a critical support level. This level represents an area where the price has historically found buying interest, preventing further declines. The support zone indicates a potential bullish reversal as buyers step in to defend this level.
Forecast: Buy
A buy opportunity is expected as the price holds at the support level. Traders may consider entering a long position if the price remains above support, with potential targets set at nearby resistance zones. It's important to confirm that the support holds, as a breakdown below this level could negate the bullish outlook.
WHATS FLOWING: CADCHF (FRIDAY CHILLLLL)OANDA:CADCHF
Today there was not much flowing. Just ETHUSD, which I already covered and this gem CADCHF. For those of you are feeling lucky, you can jump in on the action this thing is currently playing out.
Best of luck.
(No Known Catalyst For This Trade At The Moment)
CADCHF - Expect AMD Pattern !! Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Now price is in accumulation phase between 2 important levels 0.63000 and 0.62000, I expect we can see a manipulation of buy side liquidity and then distribution lower.
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