CADCHFafter a huge spike in an uptrend in 1hr time frame, I am setting up a buy order at the resistance level, going for a tp2
CHFCAD trade ideas
CADCHF POTENTIAL LONG/BUY SWING TRADE OPPORTUNITYHey everyone! Hope you are having an amazing weekend so far and an amazing Sunday! Just wanted to come on here and make a video post breaking down a potential long/buy opportunity I see on the Canadian Dollar (CAD) vs the Swiss Franc (CHF). Hope you guys enjoy and please boost this post and follow my page for more setups and analysis!
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CADCHF - Long after filling the imbalance !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I want price to continue the retracement to fill the that huge imbalance and then to reject from bullish OB.
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Buy Idea on CAD/CHFThe CAD/CHF pair, on the 4-hour timeframe, has shown signs of bullish momentum after bouncing off the key support level at 0.6500. The formation of bullish candles and potential divergence in the RSI indicator suggest the possibility of upward movement toward higher resistance levels.
🔹 Technical Analysis:
The 0.63333 level has acted as a critical support zone.
The 50-period moving average (MA50) on the 4-hour chart may act as dynamic support.
🔹 Proposed Buy Strategy:
🔹 Key Notes:
Maintain proper risk management with a risk-to-reward ratio of at least 1:2.
Monitor economic news related to CAD and CHF, as it could significantly impact this pair.
This idea is for educational purposes only, and trading decisions are the responsibility of the trader.
Potential Long Opportunity on CADCHFSome confluences I think will cause this pair to go long:
- Valid trend line broken on Daily Time frame.
- Price couldn't make a lower low on Daily
What do you think?
CADCHF: Support at 0.382 Fib Level with Bullish DivergenceCADCHF has found support at the 0.382 Fibonacci retracement level and is forming a bullish divergence. This technical setup indicates potential upward momentum.
CADCHFit's been on a strong uptrend for a while and is now consolidating at a spike peak giving a v-formation. i am speculating another jump from here
cadchfhi Traders, Market structure of cadchf is more likely to have a retracement on a higher tf, like daily and 4 hour TF, however, price may take supply area if you want to go short, and wait till price hits the below liquidity
CAD/CHFhello traders, the condition of the market is very interesting and beautiful, the market is in a rejection state and it looks very clean, we can wait a little and get confirmation and try to buy from the specified zones
Could the price reverse from here?CAD/CHF is rising towards the pivot which is a pullback resistance and a reversal from this level could indicate a double top pattern which might lead to a potential price drop to the 1st support.
Pivot: 0.63555
1st Support: 0.63121
1st Resistance: 0.63754
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CADCHF buyprice stayed under the strong level
higher high is made after bullish impulse
so continuation is expecting
CADCHF Pontential buy If price manages to close above resistance on the smaller timeframe we have a clean buy set up. This has potential to become a swing trade
CADCHF: Rejection at Key ResistanceCADCHF faced a strong rejection at a key resistance level, indicating potential downward movement.
CADCHF, Head and Shoulder at Resistance ZoneRejected from Resistance
Head and Shoulder Formation
Bearish Divergence
Right Shoulder Formation
Entry on break of neckline
Sl above right shoulder
Tp towards 1:1
CADCHF: Bull Trap & Confirmed Bearish Movement 🇨🇦🇨🇭
CADCHF looks bearish after a false violation of a key horizontal
daily resistance.
The price formed a strong bearish imbalance
and violated multiple intraday supports.
I think that the pair will reach 0.6276 support soon.
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CADCHFThis pair has been doing a lot of side way moves, but I think as in 15 min time frame it looks uptrend, I am putting a long position here for another spike from this point
CADCHF Massive Short! SELL!
My dear subscribers,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6349 pivot level.
Bias - Bearish
My Stop Loss - 0.6373
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.6302
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
CADCHFWe can attempt to buy CADCHF from specified level as it make HL , also 0.618 FIB level occur indicate that it moves upward.
SL , TP mention in chart.
CADCHF Daily LongIn Daily timeframe price has reach the resistance level. A nice good entry candle has been made. IT IS GOOD FOR GOING SHORT.
CADCHF potential buy.This pair has been ranging for quite some time, finally broken out of both range and trendline resistance and done retesting. Let's see
CAD/CHF: Ready to Break Out? Edge-Forex is Bullish on This One!So, here’s where we’re at: CAD/CHF has been hanging out in this tight box between 0.6230 and 0.6430 for a while, just begging for a breakout. And Edge-Forex is calling it – we’re leaning bullish on this setup. Here’s why. 👀
Top of the Range Pressure 💥
Right now, price is sitting right up against that 0.6430 resistance, and with the way momentum is building, it’s looking ready to pop. If it breaks above, this could be our ticket to a bullish ride up.
RSI is Supporting the Move 📊
RSI is up around 65 – not quite overbought, so there’s room to push higher if this breakout takes off. This is a classic bullish sign, especially with price testing resistance at the top of the range.
Breakout Targets 🎯
If we see that breakout hold above 0.6430, our first stop is 0.6550. And if things really get rolling, 0.6700 isn’t out of the question. Edge-Forex sees potential for some solid gains here if we can clear this level with strength.
How We’re Playing It:
Bullish Entry: Jump in on the confirmed breakout above 0.6430. We want to see a solid close above this level – not just a quick fakeout.
Protective Stop: Set it below 0.6230. If it dips back down, we don’t want to be caught holding the bag.
Target 1: 0.6550 – the initial resistance to aim for.
Target 2: 0.6700 if the bulls really take control. 🐂
Edge-Forex is bullish, but we’re watching that 0.6430 level like a hawk. If it clears, this could be a smooth ride up. But if it fakes out, be ready to adjust. Let’s see if CAD/CHF is ready to reward the bulls. 🚀
cadchfcadchf received support again from the median of its rising trend. With this support, it will advance to the upper resistance of the channel.
