It has been more than 4 months since our last analysis on the CADCHF pair (October 10 2023, see chart below), which was a sell signal that hit directly our 0.64800 Target: The current signal is no different, as the continuous rejection on the 1D MA200 (orange trend-line) since February 13, is giving a strong sell signal, which will be confirmed once the 1D...
Calling all traders! 📢 If you're on the lookout for a lucrative short opportunity, look no further than CAD/CHF! 📉 With external liquidity out of the picture, the conditions are primed for a strategic move. Here's the scoop: the Canadian dollar (CAD) and Swiss franc (CHF) have been dancing to their own tunes lately, detached from external influences. This...
CADCHF price action shows: (1) 1H & 4H Divergence (2) Double Top Reversal (3) Trendline Strong Resistance Confirm bearish bias. ***Trade Plan (Bearish Bias)*** SL: Previous Top/Resistance Entry Price: Previous HL/ Sell Stop TP: 1:1 Reward & Strong Support
💵Pair Name CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
H4: Pointing Upwards (H1 is overbought) D1: Up (H4 is overbought) Moving Average: Against Daily MA H4 pointing upwards Pattern: M30 AB=CD Strong resistance at 0.6490 - 0.6510 30 pip stop loss. 60 pip target Why are we taking this? 1) H4 and H1 is overbought 2) Strong structure 3) Yesterday's high 4) Lots of divergence
Hello,Traders! CAD-CHF is already making A bearish pullback from The horizontal resistance Of 0.6514 and I think That we might see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.644 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
The CADCHF has been on an upswing lately, reaching a critical resistance level. This is indicated by higher highs and higher lows on the daily and 4-hour charts. We are looking for a pullback to the 61.8% Fibonacci level as a potential entry point for a long trade. However, it is important to remember that this is just speculation and should not be considered...
✅CAD_CHF is going up now But a strong resistance level is ahead at 0.6505 Thus I am expecting a pullback And a move down towards the target at 0.6477 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, Hope you all are doing good!! I expect CADCHF to go Down from these levels. Potential B wave of bigger correction is almost completed. Look for your SELL setups. 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....
Here is our detailed technical review for CADCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.647. Considering the today's price action, probabilities will be high to see a movement to 0.642. P.S Please, note that an oversold/overbought condition can...
My dear friends, CADCHF looks like it will make a good move, and here are the details: The market is trading on 0.6471 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short ) signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6450 About Used Indicators: Pivot points are a...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADCHF - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short CADCHF Entry Point - 0.6445 Stop Loss - 0.6462 Take Profit - 0.6413 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
We see the USDJPY in the one-hour time frame. In the upward trend that was previously in the form of an upward channel, this channel has broken down and broken its support level. In the continuation of its downward trend to enter sales positions. Important areas of supply and demand are drawn on the chart. In the returns to the supply areas that I have drawn,...
✅CAD_CHF went up to retest a horizontal resistance level of 0.6436 Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below at 0.6414 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-CHF is going up now But a strong horizontal Resistance is ahead at 0.6500 So after the price hits the Level a local move down Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!