Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : CAD/CHF ⚪ Technical Analysis : Since January 2021, the price has been following an interesting trendline, moving up until...
I’d like to share some informative knowledge about the importance of following currency strength and sentiment. I am forecasting this long continuation for EURCHF based off knowing major currency strength and sentiment. I forecast EUR to be third for currency strength and sentiment among major currencies to open the market. I can summarize this by observing CAD...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.693). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.693). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
CADCHF after the break of the ascending dynamic trendline tested a support structure at the 0.69600 area. The price retraced inside a minor bear flag and according to Plancton's strategy, if the market will break below, we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
after breaking daily trendline i expect cad/chf retest the top of the 4 hour high
Another great pair to watch for Bearish opportunities. If you missed some clear cut SELL entries for CADCHF this month, you can expect to see more Bearish levels going into next month (February). Here, our analysis show that you could enter a SELL order right now and up to 0.70063 price level. We can expect Bears to Take Profit around 0.690228 . Don't forget to...
Yesterday, CAD/CHF hit the resistance of 0.705 after which it reversed sharply. Since the price is falling with a lot a speed, I see this price going back to the original bottom trend line.
CADCHF broke major downtrendline Pair respects minor uptrendline Pair is based above key level at 0.6960 Price is based above HVN at level 0.6962 which indicates that pair is in accumulation phase Above SMA 100 MACD shows bullish momentum RSI is above level 50 It's expected to target resistance level at 0.7080
CADCHF after the last impulse, retreaced until the 0.5 Fibonacci level creating a double bottom over the support. The price created a long-range move between the 0.68 and the 0.70 level. IF the market will break above the structure, according to Plancton's strategy we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
Selling CAD/CHF here till the ascending trendline, as it has rejected a major area of resistance. Furthermore, from the fundamental side, CHF is stronger than CAD as of right now🙌🏻
On Cad Chf we have a daily trendline break. Now, we currently see a wick rejection in the daily candle off the support zone. If the daily candle holds the trendline at close with wick rejection off the support zone; then I will long it!
Signposts on chart outline key details. We're seeing an upper resistance invalidate. When price crossed back below, selling pressure remained weak. This will hopefully trap a bunch of sellers before pushing higher. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry,...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6945). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6945). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
CADCHF on the 4 chart is moving inside a descending channel. The price has now approached the upper trendline and moving between 2 structures in a renage. According to Plancton's strategy, we can set a nice long order if the condition will be satisfied. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure ->...
CADCHF is trading in downward price channel Pair is based below key level at 0.6932 Price broke SMA with strong bearish movement MACD shows start of bearish momentum It's expected to target lower edge of price channel corresponding to demand zone at level 0.6825