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CADCHF trade ideas

CAD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽‍♂️ Oversold + Demand zone 🟠 EP 0.64492 🔴 SL 0.64130 🟢 TP1 0.64861 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 0.65228 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 0.65607 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Long
by EMA_Trading
CAD/CHF carnage not over yet next target 0.6050The currency pair has been falling since 6 June 2023... It's gone on a strong downtrend channel, which has not been good for the Canadian Dollar. Lately it's formed not one but TWO bearish chart patterns. M Formation and Inv C&H And the price has broken below both the neckline and brim level. This means, there is more downside to come with a target of 0.6050. Other indicators confirm the bearish momentum 200>21>7 - Bear market RSI<50 Target 0.6050
Short
by Timonrosso
CADCHF's Diamond & Inv. Cup &Handle1.Price Formation: The price has broken out from a DIAMOND price formation on a daily chart. A further confirmation of an Inverted Cup & Handle pattern breakout. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a further confirmation of bearish sentiment. 3.200-day Moving Average is above the Price. 4.Thus, Mas 7<21<200 5.Relative Strength Index (RSI): The RSI is < than 50, indicating bearish momentum and potential further downward movement. 6.Price Target: 0.61648
Short
by Sahle
1
CADCHF - Trading The Range, Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 CADCHF has been stuck inside a big range between 0.65 support and 0.68 resistance. At present, CADCHF is retesting the lower bound of the range. Moreover, it is retesting the lower bound of the red channel. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support. 📚 As per my trading style: As #CADCHF approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
CAD/CHF ↗️ Long Trade Setup↗️Hello Everyone 🙋🏽‍♂️ 🟠 EP 0.65000 🔴 SL 0.64255 🟢 TP1 0.65770 🟢 TP2 0.66540 🟢 TP3 0.67245 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Long
by EMA_Trading
5