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CADCHF trade ideas

SELL CADCHF for trend reversal SELL CADCHF for trend reversal update SELL CADCHF NOW ✅ STOP LOSS : 0.6676 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions 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
Short
by BALE_FX
2
CADCHF Buy!Price has been trading within the given ascending parallel channel since December 2023 . Price is currently near the upper limit of the channel . Just recently price tested the upper limit of the channel and got pushed down . Price’s attempt to go up again suggests either a retest of the upper limit or a general strong upward momentum . Considering the price action , the latter seems more probable . I’ll wait for a clear break of the upper limit of the channel to take a long position with next possible Target being the resistance 0.67145 !!
Long
by Myfxlobby
CAD/CHF in Bullish TrendThe CAD/CHF currency pair is currently experiencing a bullish trend, indicating that the Canadian dollar (CAD) is strengthening against the Swiss franc (CHF). This trend suggests an overall positive sentiment towards the Canadian economy relative to Switzerland's. Traders observing the market dynamics may notice a series of higher highs and higher lows on price charts, along with potential confirmation from technical indicators such as moving averages. Fundamental factors contributing to this trend might include robust economic data from Canada, such as strong GDP growth or favorable employment figures, as well as factors like rising commodity prices, given Canada's status as a major commodity exporter. However, traders should remain vigilant of any potential risk factors that could reverse this bullish trend, including shifts in central bank policies, geopolitical tensions, or unexpected economic developments. Effective risk management strategies, such as setting stop-loss orders and closely monitoring market sentiment, are essential for navigating and capitalizing on bullish trends in the CAD/CHF pair.
Long
by aalihassan
CADCHF - 4hrs ( Buy Scalping Target Range 60 PIP ) 💵Pair Name : CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( long ) Mid Term Type : Mid Term Swing —————————— Bullish Break 0.65300 Area Reasons - Major Turn level / M - Pattern Break - Fixed Poc Area - De Value Area - Day / w High Bearish Reversal 0.66200 Area Reasons - Major Turn level / D - Pattern Target - Month High Area - Fibo Golden - Ultra Volume
Long
by GoldenEngine
5
CADCHF - 4hrs ( IntraDay Sell Trade Target Range 90 PIP ) 💵Pair Name CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Intra Day Type : Mid Term Swing —————————— Bearish Reversal 0.66000 Area Reasons - Major Turn level - Fixed Range Hvn - Counter Break - Fibo Golden - inner Choch Bullish Reversal 0.65000 area Reasons - Major Turn level / M - Pattern Target - Choch Zone - Fibo Golden - Fixed Hvn
Short
by GoldenEngine
3
Breakout Alert CADCHF Steps into the Bull Ring After weathering a lengthy bearish season, CADCHF has shown a stellar performance, breaking through a major downtrend line. This key move, coupled with a breakout above a critical correction trendline, has put CADCHF firmly in the spotlight. We’re now on the lookout for a retest of the correction trendline, which could set the stage for lucrative long entries. With price targets earmarked by red lines on our charts, there’s potential for both quick gains and more enduring positions. For traders aiming to go the distance, maintaining a smaller position with eyes on the .77 supply area might be a strategic play as we watch CADCHF’s next steps in this new bullish chapter.”
Long
by AhoyPolloi