Run up last week now time to unwind and run down IMHO Tends to happen that way Patern bar only found on TV is good to use a bit like yr personal Ai tell it to draw most probable path and just copies previous similar past pattern and Flips it. -5 on Fundamental strength overall Lets see.
Please pay special attention to the accurate two trends as two entry, colored levels and red level as SL. Be careful BEST MT
😇 7 Dimension Analysis Time Frame: H1 1️⃣ Swing Structure: Initially bullish with proper Breakout of Structure (BoS), now showing a corrective move after inducement, possibly heading towards extreme swing area of correction 🟢 Internal Structure: Bearish 🟢 Ext POI: Unmitigated 🟢 Support & Discounted: Same area, drawing a Trendline break upside for additional...
FX:CADCHF Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
A glimpse of the CADCHF in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
I've used 3 variables for this but there are extra ones hidden.. What do you see?
🕵️♂️ Let's delve into this forex pair and analyze it together on higher timeframes for future trading and long-term perspective. 🕓 In higher timeframes, unlike most other currency pairs currently oscillating within long-term boxes, the Swiss Franc seems to have the upper hand against the Canadian Dollar. 🔍 At present, the Canadian Dollar is experiencing its...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
A #short trade opportunity recently presented itself on the #loonieswissy (#CADCHF) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.66868 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum...
Prepare yourself for a short on CAD/CHF and most importantly you can only control your risk you cannot control the market so apply a proper risk management cheers.
I’m bullish on cadchf despite the negative impact of the news on canadian dollar. This entry is a portion of the total position, if price pushes lower, im thinking of adding a second position just above the stop loss
Traders, D: 4h: Our strategy for this pair involves positioning our orders strategically below the liquidity hunt. By placing our orders in this manner, we aim to capitalize on potential market movements following the liquidity hunt, maximizing our chances of entering favorable positions. As we await the release of Canadian Retail Sales data, it's crucial...
SELL CADCHF for trend reversal update SELL CADCHF NOW ✅ STOP LOSS : 0.6691 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is...
The pulse to the upside which has already broken some previous support levels, has created a nice up move (without any red candles) and a retracement to the Fib(0.318) level. If the 1H candle closes above Fib(0), we will be waiting for a touch back to Fib(0) and place our entry there. If the candle closes right on top of the Fib(0) line, we will enter the trade...
The analysis of the CADCHF chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️
CADCHF was in a down trend the past months which it was very bearish. Using the top down analysis we can see that CADCHF has broke our bearish trend and looking for an uptrend. In the 1hr time frame we can clearly see that it formed a flag pattern which is a good sign of continuation pattern to the upside and CADCHF has broken out our trendlines in the flag and...
While undergoing a series of confirmations involving the breach of two support levels and the crossing of MACD on the 4-hour chart, is it conceivable to surpass these indicators and reach the third support level? Currently in the learning phase. Disclaimer: The trading strategy shared on TradingView is for personal record-keeping purposes only and does not...