CADCHF | Short idea!CADCHF resistance zone!
Looking for short position here and for price to drop to the next support zone!
CAD (Canadian Dollar)
#CADCHF: it can be a huge swing trade!Happy Weekend Traders!
CADCHF have been accumulating since long time now, price have shown some bullish behaviour and we expect price to rise from this moment. Wait for the price to drop a bit and enter when it falls between our zone.
thanks for your support as always!
CADCHF Potential UpsidesHey Traders, in the coming week we are monitoring CADCHF for a buying opportunity around 0.64700 zone, CADCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.64700 support and resistance area.
Trade safe, Joe.
CADCHF Will Explode! BUY!
My dear friends,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6429 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6441
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
CADCHF LONG ENTRYCADCHF has demonstrated a breakout on the established trend line, and there is evident support at the 0.64300 level, where the price has rebounded. Anticipating a substantial reversal in the near future.
CADCHF Potential DownsidesHey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.64900 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64900 support and resistance zone.
Trade safe, Joe.
CADCHF LONG TERM Buying TRADEHello Traders
In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET
today CADCHF analysis 👆
🟢This Chart includes_ (CADCHF market update)
🟢What is The Next Opportunity on CADCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
CADCHF Trading Plan - 04/Dec/2023Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Up after finishing the correction.
Look for your BUY setups.
NOTE: Many of my earlier posts have been hidden by TradingView due to some house rule violation. They informed it after 6 months of me using the watermark for my company name.
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.
✅CAD_CHF WILL GO DOWN|SHORT🔥
✅CAD_CHF is about to
Retest a horizontal resistance
Level of 0.649 while
Trading in a downtrend
So I am bearish biased and
I think that we will see
A further move down
SHORT🔥
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CADCHF LongPotential divergence spotted. Looking for price to retrace a previous resistance level between 30%-50% or more. Price also may be trading sideways. Not advice. What do you think?
CADCHF - 4HCADCHF got big rejection from red zone.
Good Expectation it will go 40-60 Pips Down or more!!
Strict With SL guys.
CADCHF LONGPotential "ABC" pattern spotted on daily. Going for 1:1 minimum. Looking for a test of B's high. Not advice. Follow for more down the line. I trade larger timeframes (Weekly, Daily).
CADCHF BUY
🔍 CADCHF has recently bounced from a significant horizontal support level observed on both the 4-hour and daily timeframes.
📊 We anticipate a re-test of key support levels as indicated on the chart.
📉 Our decision to enter this trade is grounded in technical analysis and candlestick patterns.
🔄 These trades are long-term in nature; therefore, it's recommended to maintain sufficient margin to navigate market fluctuations. Employ effective risk management strategies based on your account size.
📌 Trading Rules:
1️⃣ Rule 1: Once the market reaches Target 1, consider closing some trades or moving your STOP LOSS to the ENTRY price (break-even) for a secure trading experience.
2️⃣ Rule 2: After reaching Target 1, refrain from initiating new trades based on the same signal/alert.
3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently await the next promising opportunity or trade signal/alert.
📊✨ Happy Trading! 🚀 #MarketAnalysis #ForexTrading #RiskManagement
CAD-CHF Will Fall! Sell!
Hello,Traders!
CAD-CHF is trading in a
Downtrend and the pair
Is making pulback from
The horizontal resistance
Level of 0.6483 so we
Are bearish biased and
We will be expecting a
Further move down
Sell!
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Check out other forecasts below too!
CADCHF H4 | Bearish reaction off 23.6% fibo?Price could react to our sell entry at 0.6436, which is a pullback resistance level, aligning with the 23.6% fibo retracement. Our stop loss is at 0.6457, which is a pullback resistance level, above the 50% fibo retracement. Take profit is at 0.6418, which is a swing low support level.
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CADCHF Will Fall! Short!
Here is our detailed technical review for CADCHF.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.648.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.642 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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CADCHF - Trend ContinuationThe Canadian dollar appears to be bearish against several pairs. The pair that I'm eyeing is the CADCHF.
Based on the latest range breakout, this is another swing trading momentum play. As long as price doesn't revert back into this range, I think further downside is very likely.
CADCHF, Will it print a long term low? CADCHF / 1D
CADCHF / 1D
Hello traders, welcome back to another market breakdown.
CADCHF has been trading around a Key Macro level. The bulls seem to be reclaiming a KEY Macro level many times which is bullish signal.
Trade safely,
Trader Leo.
✈️CADCHF can go UP by Falling Wedge Pattern✈️🔄 CADCHF re-entered the 🟢 Support zone(0.648CHF-0.645CHF) 🟢 after experiencing a 🐻 Bear Trap 🐻.
💡Also, CADCHF seems to have succeeded in forming a Falling Wedge Pattern , so the upper line of this pattern was broken hours ago.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect CADCHF to GO UP in the coming days and may rise to 🔴 Resistance zones 🔴.
Canadian Dollar/Swiss Franc Analyze ( CADCHF) 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will be glad to see your ideas in this post.
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CADCHF - W1\D1CADCHF
W1 - The price may push off from the level, a potential rebound to the values of 0.68343
D1 - The price is behind the trend line, a potential retest is now forming (which forms a potentially 3-wave structure) and continuation of the upward movement from the strong level at W1.
What can you expect?
You can consider entering from the level of 0.64882 with further movement to the target 0.65870. Cancellation of the idea so as not to take increased risk on the idea levels beyond the end of the 1st wave on D1 - 0.64169
Short term
Short
Targets 0.64984 - 0.65269 - 0.65491 - 0.65870
Long term
Short
Targets 0.65243 - 0.66205 - 0.67295 - 0.68343
CADCHF The Target Is UP! BUY!
My dear subscribers,
My technical analysis for CADCHF is below:
The price is coiling around a solid key level - 0.6440
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.6566
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
CADCHF - Long IdeaCAD/CHF has bounced from 52-Week Low at 0.6426. Downtrend is losing momentum and the trend is changing to uptrend.
