CADCHF trade ideas
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.
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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.
CADCHF ReversalCADCHF is forming double bottom with bullish divergence, price is expected to break the resistance and move upwards.
CADCHF: Accumulation & Indecision 🇨🇦🇨🇭
CADCHF is stuck between 2 key horizontal structures.
The price formed a narrow range where trading volumes are currently accumulating.
Depending on the reaction of the price to the boundaries of the range,
I see 2 potential scenarios.
If the price breaks and closes above 0.6532 the resistance of the range,
it will be the important sign of strength of the buyers and with a high
probability growth will continue.
Next goal will be 0.657
If the price breaks and closes below 0.659 - the support of the range,
a further decline will be expected, at least to 0.647.
Wait for a breakout, it will give you an accurate and reliable confirmation.
❤️Please, support my work with like, thank you!❤️
CADCHF: Ready For Correction?CADCHF: Ready For Correction?
yesterday after the Swiss CPI data the price moved down across many XXXCHF pairs proving once
again that the CHF is not giving up easily.
Today ahead of the BOC Interst rate decision the price stopped and is showing for a possible correction.
it is risky as we are ahead of a big event and the price can move in many ways during these events.
However, we can see a bullish correction from a technical point of view combined with some Fundamental Analysis!
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Fib Strategy ExplainedThis is merely a video demonstrating how I was able to predict the drop in CADCHF from last week and enter at the appropriate times and locations. It also describes how I use the Fib and Fib retracement tool to determine my take-profit and re-entry levels.
We appreciate any and all criticism.
Regards
CAD CHF - Short Set upThe chart is in clear downtrend. On 1H TF looks like a bear flag. Entry, Stoploss and TP's mentioned. Good Luck
Entry 0.64947
Stoploss 0.65319
Tp1 0.64574
Tp2 0.64207
#Trading #Technical #Crypto #Stocks #commodities
CHFCAD Trend Continuation Entry CHFCAD Trend Continuation Entry looks like it's want to continue to upside
CADCHF - Bullish Crab PatternAn almost perfect CADCHF bullish crab harmonic pattern is formed, the bullish divergence is a confluence of its bullish movement. This is a wait-and-watch scenario, the validation of this setup initiates after it tests the D point and breaks the 0.618 Fib level, in this case, a buy-stop setup.
CADCHFWe can attempt to buy CADCHF as it break LH , trendline resistance , also there is bullish divergence indicate that it moves upward.
SL , TP mention in chart.
CADCHF - H1 - 04.06.24 - 07:05 GMT+2Entry:
- Price broke through sideways range with strong move toward downside.
- Pullback is not really ideal, it is best to see a 40-50% pullback.
- Setup BB with pre-breakout tension, although it is not really ideal too, but the strong move to the downside give us favorable condition.
CADCHF BULLISH BUTTERFLY MONTHLY PATTERNTarget one - at .382 to .868
1 to 7 risk to reward
stops just below the previous low
Good luck traders
BULLISH MARKET STRUCTURE 4 CADCHFCADCHF is driven by bullish harmonic price patterns which have
been occurring for quite some time now
Bouncing between Supply and Demand areas
Price is currently playing around our demand area and this
could lead to a bullish move soon, supported by the
Bullish harmonic price pattern structure
which also formed on our demand areas
Be vigilant for stop hunts !!!
DeGRAM | CADCHF sliding towards the channel boundaryCADCHF is moving near the lower boundary of the descending channel, to which the price has been sliding for a long time.
The chart started to retest the channel boundary, support level and trend line.
We expect a rebound.
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