POSSIBLE BUY OPPORTUNITY ON CADCHFPrice showing signs of strong momentum. We look for the pullback to take the trade.
CADCHF trade ideas
CADCHF Potential UpsidesHey Traders, in this week we are monitoring CADCHF for a buying opportunity around 0.62900 zone for a buying opportunity around 0.62900 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.62900 support and resistance area.
Trade safe, Joe.
Low risk Channel Trade This trade can do a good risk to reward ratio
But if price breaks outta channel - it will be amazing return.
CAD/CHF Harmonic BD Trade SetupCAD/CHF Harmonic BD Trade Setup
Pattern: Harmonic Pattern
Entry Level: Above 0.62946
Target: 0.63611
Description: This is a BD trade setup identified using harmonic patterns. The potential reversal zone (PRZ) aligns with the harmonic ratios, indicating a high-probability trade setup. The entry above 0.62946 provides a clear breakout signal, aiming for the target zone at 0.63611.
Analysis: Based on the harmonic structure, this trade leverages Fibonacci retracement and projection levels for precise entries and exits.
Timeframe: Daily Chart (D1)
Risk Management: Ensure appropriate stop-loss levels below the PRZ to manage risk effectively.
Bearish drop?CAD/CHF is rising towards the pivot and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 0.63194
1st Support: 0.62687
1st Resistance: 0.63389
Risk Warning:
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CADCHF - Short active !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from bearish OB.
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CAD/CHF "Loonie-Swiss" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the CAD/CHF "Loonie-Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 0.63300
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
SHORT ON CAD/CHFWe are getting rejection from resistance and trend line channel so I'm looking to see if it breaks structure to the downside then will look for a short.
CADCHF LongThe Canadian Dollar (CAD) presents a strong long opportunity against the Swiss Franc (CHF) heading into Q1 2025. Supported by higher interest rates (BoC at 3.25% vs. SNB at 1.75%), stronger GDP growth forecasts (1.8% for Canada vs. 1.3% for Switzerland), and rising commodity prices, CAD stands to benefit from global economic optimism. Additionally, Canada's reliance on oil exports aligns well with improving demand in global markets. However, risks remain, including potential oil price declines, a dovish pivot by the BoC, or heightened geopolitical uncertainty, which could favor the CHF as a safe-haven asset. We will look to monitor oil price trends, central bank communications, and global risk sentiment closely. Overall, the macroeconomic backdrop supports a bullish bias for CADCHF, offering an attractive long setup
What’s your take on CADCHF? Share your thoughts below! 💬
#CADCHF #ForexTrading #MacroAnalysis #ForexStrategy #TradingView #CurrencyTrading #CanadianDollar #SwissFranc #TechnicalAnalysis #FundamentalAnalysis #FXTrading
CAD_CHF WILL FALL|SHORT|
✅CAD_CHF has retested a
Resistance level of 0.6260
And we are already seeing a
Bearish reaction so we will
Be expecting a further
Bearish move down
SHORT🔥
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CADCHF BULLISHWe have high opportunity for bullish because of:
-We have Bat harmonic pattern.
-Have a downtrade channel which broken before touch lower side.
-The price bounced back from liquidity area.
The Bigger PictureThis pair has been depreciating for years, but I think 2025 at least will be a strong year for CAD.
we waiting for the correction to completeif the price corrects about 35 pips to the upside, when it reaches the key zone, we'll wait for a sell setup confirmation to take a sell trade....
CADCHF sells!!!Supply zone following sufficient drop with well established bearish trend. engulf spotted in region to confirm presence of sellers
CAD-CHF Local Bullish Bias! Buy!
Hello,Traders!
CAD-CHF will soon hit a
Horizontal support of 0.6190
And as it is a strong key
Level we will be expecting
A local bullish rebound
Buy!
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CAD_CHF LONG FROM SUPPORT|
✅CAD_CHF fell again to retest the support of 0.6190
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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CADCHF BUY OPPORTUNITY!Price currently traded and closed at 0.62135 (support level) i anticipate a buy opportunity to develop away from this level. Our target profit is 0.64037
SHORT BUY/LONGER TERM SELLPrice headed for LL and LH tested 62611 area and continued to form new lows. Right now price is heading back to 62611/62381 areas for liquidity to build momentum for a long drop down.
Target 61904 as take profit
CADCHF POSSIBLE BUY OPPORTUNITY!Price trades at 0.62294 and this is a good opportunity to go long from the current market price. Our take profit target is 0.62612
CADCHF 19/12/2024Weekly:
-Expecting a bearish continuation lower to the next PD array.
Daily:
-Bearish W pattern.
-Order flow leg.
4H:
-Bearish W pattern.
-Order flow leg.
1H:
-Previous FVA is acting as resistance,
CADCHF - Short from bearish OB !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. After break of structure I expect price to make a retracement to fill the imbalance higher and then to reject from bearish OB.
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Sell cadchef at cmpPrice broke a significant sand resistant we are going down with good risk management
