CADCHF?
This had broken the low again today.
Rebound back near .65000
Shall we?
or wait for it to break local/today support around 850 level.(check 1H break ok!)
Nmhh..
Nice to see, once broken you must pay!
All the best
CADCHF trade ideas
CADCHF BULLS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
CADCHF BULLS TO TAKE OVER!
As we can see price is around a strong support zone, lining up with our previous major lows as well, Where we will be looking for new longs.
Meanwhile, price is still overall bearish making clean lower lows and lower highs, however, for the bulls to take over we need a break above the marked major swing high then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Horizontal channelHello friends.
According to the horizontal drawn channel, there is a possibility of upward reaction from the bottom of the channel.
It seems that we should enter a step around here and wait for the next step at the bottom of the channel.
what is your opinion?
Good luck.
# Let's look simply
BULLISH THESIS 💡Price has currently retraced back to an area of strong demand, I'm expecting price to form sort of rejection hence filling the liquidity areas created by the dip today before any further rally down. Risk management is paramount.
Tell me what you think?
CADCHF SELLSell cadchf now , buyers turned out to be weak completely and sellers came in strong.
2.44 R/R
CAD/CHF BUYWe are at a daily support level entry on a previous 4hr orderblock looking to hit daily resistance
CADCHF DEMAND - 1D0.64667 zone had been respected from the may month for Canadian dollar vs Swiss franc and whenever the price reached near this zone we saw a great move to the upside, the recent move shown a demand and which resulted in great price push all the way up to 0.68263. I expect a potential upward move from this level, if you trade this pair do wait for the confirmation. Thanks and all the best..
Looking for long cadchfentry:
1-0.65000
2-0.64880
tp:0.65770(ther is possiblity to reach at 0.66000)
Goodluck
CADCHF SELLSHT Downtrend
Break of smaller TF downtrend
Fibonacci setup, anticipating strong impulse to the downside
CADCHF - Flag in a DowntrendFlag forming in a downtrend regarded as bearish pattern.
If price tests and reverses off support likely too see continuation of partially constructed flag pattern. Be cautious of fake breakout to downside with stop entry sufficiently under the resistance levels for confirmation
CADCHF H4 OUTLOOK⚜Divide lot size in the zone with 3 layers
⚜Remember: We will have to enter direct with layering in zone ✅
1st limit start of zone
2nd limit mid of zone
3rd limit end of zone
We’ll have to count 30 pips that will be our TP1 from the latest layer that is being activated
⚜Breakeven Trades after 30 pips and close half profit with BE
WEEK 46 cchfLast weeks candle was quite weak, not sure if buyers will step in and push price higher but i'm also open too sells if they don't
CAD CHF-Bullish TrendAfter bearish trend, CADCHF is in bullish trend. The pair is marking HH and HL.
CAD/CHF Long/Buy CADCHF bounced from a major support level on the daily time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart.
We expect the pair to re-test the key support levels listed on the chart,
We taking this trade based on technical analysis and candlestick patterns.
These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Use proper risk management depending on your account size.
TRADING RULES:
Rule 1: Once the market reaches Target 1, close some of your trades/positions or Move your STOP LOSS price to ENTRY price (break-even) for safe trading.
Rule 2: Once the market reaches Target 1, never place a new trade again on the same signal/alert.
Rule 3: When the market is consolidating for more than 2 days, please close the trade and wait for the next good opportunity trade signal/Alert.
Please like and share for more useful content:
CADCHF - Triangle PatternPossible breakout after non-directional ranging activity.
Watch Gold (XAUUSD) as is also in similar pattern with lower highs and higher lows in similar timeframe
CADCHF 1DCADCHF Trade idea
Price attempted to break below after breaking the trendline.
I am looking for a swing if price gets to the support again.
Patience is the key.
CADCHF LOGSBroke out of consolidation / break of downward trendline
Tapped back into the demand zone to retest and grabbed the liquidity from the initial break.
Retest lines up with Fibonacci levels, with TP being at the first extension
STRONG SUPPORT ZONEim expecting bullish trend for few weeks but im still waiting for a triple bottom before we push up to TP1,TP2 & TP3.
NB: NO REVERSAL PATTERNS NO ENTRY.
CADCHF-IN BULLISH TRENDCADCHF in 4h is in a bullish trend and making a series of HHS and HLs, price breaks the parallel channel and now in a bullish trend, what do you guys think? let me know.
CADCHF: 10/11/2023:🔴Sell opportunity🔴Please pay attention we need LTF confirmation to execute the sell position.
If you have questions feel free to ask.
💡Wait for the update!
🗓10/11/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Bullish BiasPrice have been seen consolidating for the past 12days or so, a breakout to the upside suggested a bullish cadchf. This has also been seen bouncing on Fib levels and so our target is Fib level 61.8 of the major previous treand
Bullish BiasAfter a long consolidation, finally a breakout and a retest occurred. One swing trade am in til the lat target
BULLISH THESIS💡We have been seeing layers of support after the CADCHF broke through its boxed consolidation as it approached the stong demand.
I call that the rally base demand ,price currently as retraced back to that area and rejected hence the buying pressure as of today .what I want to see price do is to keep its bullish momentum and as it approaches the next strong area of resistance
Its pullback is where I looking forward catch some longs.
This has been a slow week, hopefully Friday might round it all off .
Tell me what you think
