CADCHF Possible Bullish MoveLiquidity Grabbed, Price pushed up and now at support, hopeful for a bullish move.
Remember: Risk Management Very Important
CADCHF trade ideas
CAD/CHF For Bearish after finish pull-backwait for creating lower high at red arrow or area between (50:61) fibo levels
- General Trend is Down
- Current wave for pull-back to create lower high
have fun :)
CAD/CHFIt Broke the Resistance Line at 29 Feb Via Impulse Wave.It also Pulled back to the Demand Zone and Retrace till 0.611 .According to the Price Action , It created the Reversal Pattern on the Demand Zone so I think It is the good Opportunity to Buy.
CADCHF Long CADCHF shows bullish divergence at RSI and the price is about to break the neckline. The trend is expected to reverse, therefore the trade plan is to enter at breakout of resistance level
CAD_CHF WILL KEEP FALLING|SHORT|
✅CAD_CHF is trading
In a downtrend and the pair
Broke out of the horizontal
Range pattern so we are
Bearish biased and we will
Be expecting a bearish continuation
SHORT🔥
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SELL CADCHF for downtrend continuation STOP LOSS : 0.6538SELL CADCHF for downtrend continuation
STOP LOSS : 0.6538
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
CAD-CHF Local Long! Buy!
Hello,Tradera!
CAD-CHF fell down sharply
And retested the horizontal
Support level of 0.6463
So as we are already seeing
A local bullish reaction a
Further move up is
To be expected
Buy!
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Check out other forecasts below too!
Early entry triple topTriple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti.
CADCHF1) RSI indicates Bullish Divergence.
2) The price is moving sideways. We placed Buy stop orders.
Long CAD/CHFThe price touched side way channel bottom line area, it is 50% retraction.
RSI is in divergency. Stoch RSI is in over sold and possible will have golden cross soon in 4 hours time frame.
In a bigger time frame (daily), the current price could be a retraction back to previous important support line.
Try to trade long.
CADCHF: Strong Bearish SignalFollowing a significant downward movement, the CADCHF pair spent a week consolidating in a tight range on a 4-hour chart.
Today, there has been a bearish response on the pair as it broke below the lower boundary of the range.
I believe that the market could now be poised for a downward trend, with the nearest resistance level at 0.643.
CAD/CHF For Bearish after finish Pull-Backyou can go short now and take any target
or
wait for pull back and create lower high at red arrow or area between 50:61 fibo levels
- General Trend is Down
- Target 1 is Strong Support Area
have fun :)
CADCHF: 500+ Pips Buying Opportunity, Do not miss out! Dear Friends,
Cadchf is in swing bearish move, we are expecting price to continue dropping 0.62 or 0.63 area where we can expect price reverse strongly. Expecting target of 500+ pips, please use accurate risk management while taking the buy entry.
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CADCHF Bullish (4H Div, Triple Bottom Reversal)CADCHF is showing signs of bullish reversal with 4H Div and triple bottom reversal pattern. Trade will include buy stop slightly above previous HH and SL below previous LL. What do you think, will it work?
CADCHF - Strong Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our last analysis, attached on the chart, CADCHF has rejected the red circle resistance and traded lower.
What's next?
Currently, CADCHF is hovering around a strong support zone marked in green.
🏹 As long as the support holds, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF, expect multi-weekly gains. HUGE price shift coming!I'll keep it simple.
When monthly data tells you something, don't doubt anymore.
SEED on this pair then leave for a few months. Upside prospect pricewise + Positive long swap for interest rates. Double win. :)
KEY NOTES:
MONTHLY PRICE SHIFT, first one in ages.
HISTOGRAM SHIFT. Huge hint.
FIRST bubble up volume since June 2022, first one after a year!
No brainer. One of the pair to look out for the year.
Spotted at 0.6750
TAYOR
Safeguard capital always.
CADCHF My Opinion! BUY!
My dear subscribers,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6511 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6516
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
CADCHF is BullishPrice was in a declining phase, however bullish divergence appeared on 15 min time frame, and the accumulation phase is about to end as a higher high is printed. If this higher high is broken, we can expect a bullish rally. Targets are mentioned on the chart.
CADCHFThis Weekly FORECAST
Opportunity for CADCHF. This setup trading idea is for swing. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
CADCHF Shorts could be interesting in the coming daysHello Traders,
Trend continuation is expected on the pair, any rally to the upside could be interesting for shorts.
Wait for lower timeframe confirmation before entering a trade.
Target the highlighted levels and zones.
Trade safe!
BUY CADCHFPair is at a buyers' zone currently, we have seen a very simple double bottom on the hourly TF.
Goodluck
#1boy
CAD/CHF: Bullish Reversal Expected at Key Support levelThe CAD/CHF currency pair is currently forming a Bullish Crab Harmonic Pattern (XABCD). Point D, identified as the Potential Reversal Zone (PRZ), aligns with multiple technical confluences, suggesting a high probability for a bullish trend reversal.
______________________Key Technical Confluences____________________
Potential Reversal Zone (PRZ):
Point D, our PRZ, is critical for anticipating a trend reversal. It coincides with:
Key Support Area: This area has historically acted as a strong support level, providing a firm foundation for a potential bullish reversal.
Daily Trend Line: The PRZ intersects with a long-term daily trend line, reinforcing the likelihood of a reversal.
61.8% Fibonacci Level: The PRZ also aligns with the 61.8% Fibonacci retracement level, a significant indicator of potential price reversal in harmonic patterns.
Entry Strategy:
To capitalize on the anticipated bullish trend reversal, we recommend taking a position at the breakout of the resistance level near 0.65370. This level is crucial as a successful breakout here confirms the reversal pattern.
Stop Loss:
Place the stop loss slightly above the support level at 0.65590 for risk management. This placement ensures protection against false breakouts and market volatility.
Take Profit Targets:
We have outlined three profit levels to maximize returns while managing risk effectively:
TP-1: 0.65150
TP-2: 0.64930
TP-3: 0.64710
Each take-profit level offers a strategic point to secure profits as the market progresses in our anticipated direction.
Conclusion:
The convergence of technical factors at Point D strongly indicates a potential bullish reversal for CAD/CHF. By aligning our entry, stop loss, and take profit levels with these confluences, we enhance our trading strategy's robustness and probability of success.
Trade with caution and ensure adherence to your risk management protocols.
