CADCHFMarket is moving in bullish trend while there is a strong level of resisance ahead. I will only take bullish trend after breakout of that level and retest.
CHFCAD trade ideas
A sell on CADCHF at the highH4: Pointing Upwards (H1 is overbought)
D1: Up (H4 is overbought)
Moving Average:
Against Daily MA
H4 pointing upwards
Pattern:
M30 AB=CD
Strong resistance at 0.6490 - 0.6510
30 pip stop loss.
60 pip target
Why are we taking this?
1) H4 and H1 is overbought
2) Strong structure
3) Yesterday's high
4) Lots of divergence
CADCHF Bearish Opportunity - Orderblock SMC FVG📉 CADCHF Bearish Trade Setup - Notable Orderblock SMC FVG Identified
🔍 Technical Analysis:
CADCHF presents a compelling bearish opportunity as it approaches the Orderblock SMC FVG zone.
Historical analysis suggests this area has served as significant resistance in the past.
Monitoring closely for potential bearish confirmation signals.
📊 Trade Plan:
Entry Point: Consider initiating a short position upon rejection or bearish confirmation within the Orderblock SMC FVG zone.
Stop Loss: Place above recent swing high to effectively manage risk.
Take Profit: Targeting potential support levels or prior lows.
🚨 Risk Management:
Employ sound risk management techniques, ensuring exposure is controlled.
Stay updated on economic events impacting CAD and CHF.
📈 Disclaimer:
This is not financial advice. Perform due diligence and trade responsibly.
👉 Note: Continuously monitor price action for real-time adjustments.
Happy Trading! 🌐💹
CADCHF SHORT IDEAI have been following this pair for the last few days to see how it moves. This setups looks very good for a short. On daily TF there was 3 times rejection on this level 0.64952 and would expect market to go short. Daily Open of candle shows bearish movement. Lets see how this one plays out!
If you are interested in my setups and would like to learn my strategy learn how I see the markets, hit me up in the comments!
CADCHF SHORT
Weekly:
+ Bearish MS
+ S&D zone
+ FIB
- Candle close
3/4 SHORT
Daily:
- Pullback with weekly/ daily trend
- Impulse and 5 leg -27 FC correction
- Fresh selling liquidity where we are closing
below the selling zone
4H:
- Possible ascending channel
- H&S + Bearish W
*Retail traders are possibly opening LONG positions right here which provides liquidity for big players on that weekly S&D zone
CAD-CHF Will Fall! Sell!
Hello,Traders!
CAD-CHF is already making
A bearish pullback from
The horizontal resistance
Of 0.6514 and I think
That we might see
A further move down
Sell!
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Check out other forecasts below too!
Buy cadchefPrice create falling wedge Wich is one of the reversal pattern let patiently wait for a retest
CAD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.644 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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CADCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
CAD/CHF | Target 0.6525Rising Wedge identified at 08-Feb-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6525 within the next day.
Sell scalping CadChfSell scalping CadChf
I try to see lack of demand, and think I found them
two orders sell below round and above round to somewhere as shown
sl above
CADCHF - BULLISH MOVE 📈Hello Traders !
On Friday 19 January, The CADCHF Price Broke The Resistance Level (0.64348 - 0.63840)
This Key Level Becomes a New Support Level.
So, I Expect a Bullish Move 📈.
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TARGET: 0.64940🎯
CADCHF Technical Analysis and Trade IdeaThe CADCHF has been on an upswing lately, reaching a critical resistance level. This is indicated by higher highs and higher lows on the daily and 4-hour charts. We are looking for a pullback to the 61.8% Fibonacci level as a potential entry point for a long trade. However, it is important to remember that this is just speculation and should not be considered financial advice.
CADCHF: Overbought Time To SellPrice is rising towards the overlap resistance zone which also aligns with the 127.2% Fibonacci retracement. As you can see, the RSI indicator is also in the overbought territory.
I believe a reversal from this zone could lead the price to fall to the support level which is also a pullback support.
I'm bearish biased!
✅CAD_CHF WILL GO DOWN|SHORT🔥
✅CAD_CHF is going up now
But a strong resistance level is ahead at 0.6505
Thus I am expecting a pullback
And a move down towards the target at 0.6477
SHORT🔥
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CADCHF Trading Plan - 07/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Down from these levels.
Potential B wave of bigger correction is almost completed.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
CADCHF Will Go Down! Short!
Here is our detailed technical review for CADCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.647.
Considering the today's price action, probabilities will be high to see a movement to 0.642.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
CADCHFFundamental news and divergence in the indicator is the reason for the price falling to the specified target
CADCHF FOR SELLERSThis pair has always been a downtrend therefore makes sense to look for selling opportunity to capitalize on the trend. Market is at the supply price where I believe the sellers will enter the market.
CADCHF What Next? SELL!
My dear friends,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6471 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short ) signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.6450
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
CAD/CHF +65 Pips 0 Drawdown , New 2 Entries Valid Soon !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADCHFCADCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
