I previously posted EURGBP BUY IDEA which got invalidated, i did not wait to see the price action around the area to make the projection hence it stands as nothing how ever with cadchf i have a confirmed signal for a buy risking 33 pips for about 180pips on this
Grab quick pip. W1, D1, H4 downtrend. SL - 0.66711, TP - 0.66369
Hello,Friends! CAD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
The analysis of the CADCHF chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️
Rejection found in Daily time frame, Sell after confirmation in small time frame.
This Weekly FORECAST Opportunity for CADCHF. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Bearish idea, Trend line sugests a downtrend possible M pattern Rejection from a big Resistance zone
Hello traders CADCHF is another trade I'm looking at * Ending structure forming (B wave with 5 waves) * MACD divergence * ORDER BLOCK @ 0.67200 level * Unfilled gaps at the bottom * CHF CPI News on Thursday (04/04/2024) MIGHT BE THE TRIGGER ENTRY: 0.67200 STOP LOSS: 0.67380 TAKE PROFIT: 0.65346
Here is our detailed technical review for CADCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.660. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.656 level soon. P.S Overbought describes a period of...
The bullish Butterfly Pattern is shown in CADCHF, where the Harmonic analysis indicates a bullish trend
CADCHF was in an uptrend for the past few weeks. It failed to cross the resistance at 0.66910 after touching it for the second time. The CADCHF gave us a Head & Shoulder reversal pattern at our resistance zone showing us that sellers are in control. The uptrend was then broken preparing for sells. The breakout formed a flag continuation pattern confirming the...
CADCHF is in bullish gartley pattern, we will take entry as per market for targets keeping the stop loss at given point.
Entered CAD/CHF on as price tested the high of the Asian session. Fundamentally CAD is stronger the CHF and CADCHF has got battered lately on the daily chart. I expect price to churn around some here in the price area before potentially moving higher on the 4hr daily. This trade will probably be an intraday trade but I will ride it to see where the momentum goes.
Fundamentals & Sentiment CAD: - BOC has been successfully coping with inflation, with the latest Core CPI YoY posting 2%. - The solid economic performance of Canada added urgency to hike rates until the target CPI has been achieved, so keeping rates high is becoming obsolete. There's still a decent potential to price in cuts until the next BOC rate...
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. April -1 JAN (6R) FEB (1R) March (-7)
My dear followers, I analysed this chart on CADCHF and concluded the following: The market is trading on 0.6656 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.6673 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...