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
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CAD (Canadian Dollar)
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.
———————————
WISH YOU ALL LUCK
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. 🚀
CADCHF Signal : 1H / 4H :SHORT !!!!CADCHF 1H
Market price : 0.6326
Sell limit : 0.6330 - 0.6350
Tp1 : 0.6300
Tp2 : 0.6260
Tp3: 0.6200
Tp4 : 0.6120
Sl : 0.6380 ( 40 pip )
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.
CAD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the CAD/CHF with the target of 0.623 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
CADCHF - 4hrs ( Buy Trade Target Range 150 PIP ) 🟢 Pair Name :CAD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
🟢 Key Technical / Direction ( Long )
———————————
Bullish Break
0.63150 Area
reasons
- Major Turn level
- Visible range Hvn
- Pattern Break
- choch Zone
- Day / week High
Bearish Reversal
0.64600 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Pattern target
- Fibo Golden
- Quarter's Area
CAD/CHF "Dollar-Swiss" Bank Robbery Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist CAD/CHF "Dollar-Swiss" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
CADCHF 1:2RR ShortCADCHF is on an overall downtrend on the daily timeframe, currently trading in a range formation. RSI is strongly overbought and currently has a divergence with the previous bounce off the top of the range. Looking to short the top of this range with stop loss over 0.635, a strong resistance zone.
CADCHF - Long Trade IdeaThis is a long idea on CADCHF.
Not a pair I trade, but just an intraday analysis for fun.
As a target, looking at the equal highs above. Entering on the orderflow on the hourly timeframes. Only issue is this is still at premium of the range, so although price has been quite efficient on the way up, i'm curious if price will come to discount regardless before heading up.. if it even heads up in the first place.
Entering off the CS +OB 7h framework.
SL below the wick into the 11h BISI.
Target is BSL DOL.
- R2F
CADCHF Strong short-term buy signal.The CADCHF pair is about to test its 4H MA50 (blue trend-line) as it is coming off a 2-month Support Zone rebound. A break above the Channel Down would confirm the buy signal but with the price within a consolidation Rectangle pattern, the risk of buying after a Support rebound is low.
At the same time, the 4H RSI also rebounded exactly on its 30.00 oversold barrier. Similar rebounds have delivered at least a +1.37% rise, so at this stage our Target is 0.62700.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
CADCHF - UniverseMetta - Signal#CADCHF - UniverseMetta - Signal
W1 - May form a triangle in continuation of the 5th wave.
D1 - Exit from a narrowing channel It is better to reduce risks to avoid false breakouts. Stop behind the nearest maximum.
Entry: 0.62160
TP: 0.61809 - 0.61274 - 0.60022 - 0.58695
Stop: 0.62920
CADCHF - Look for a sell !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
Like, comment and subscribe to be in touch with my content!
CADCHF - 4hrs ( Sell Trade Target Range 120 PIP ) 🟢 Pair Name :CAD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🟢 Key Technical / Direction ( Short ) Bearish After Break Out
Type : Mid Term Swing
———————————
Bearish Break
0.62250 Area
Reasons
- Major Turn level
- Visible range Hvn
- Channel Break
- Month low Break
- Day low Break
- Fibo Golden / Break
Bullish Reversal
0.60750 Area
Reasons
- Fibo Golden
- Pattern Target
- Quarter low
- High Volume
- Major Counter Trend
CADCHF | COULD BE A GOOD SELL TRADEHey Traders! 👋
I'm eyeing a potential drop in CADCHF! It’s been lingering around a key pivot level, which is likely turning into strong resistance. All three moving averages are sitting above the price, adding to the bearish momentum, and we've also got a clean triangle break on the 4H chart confirming this bearish bias. Plus, recent CAD news came out negative, backing up this setup even more.
General Guide:
🎯 TP1: 20-30 pips
🎯 TP2: 60-100 pips
🎯 TP3: 160 pips or down to the recent bottom
Please note, these ideas are shared for analysis purposes only. For more insights, feel free to check my profile—appreciate the support! 😊
CAD/CHF Money Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist CAD/CHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 30m timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂