CAD (Canadian Dollar)
Cadchf potential turning?**Find out more from my Tradingview Stream this week**
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
CADCHF ____ INCOMING BULLISH TRADE IDEAHello Traders,
CADCHF is passing the vibe check for next week. As we all know, this pair dumped into a level it has never gotten to before and rallied. Now, this doesn't mean that it can't continue lower, but if you look at last week's candle, you will see the strong buying pressure which is depicted by the wick of the candle and I expect that at the start of next week, price is likely to trade into the wick before the rally to the upside.
Another reason why I expect the price to rally from my POI as marked on my chart is due to the equal highs (liquidity pool) that I have marked, which is usually attractive to price. Also if you look left, you'd notice that there is a trendline liquidity pool just below a daily FVG (see daily timeframe for clarity) which gives price more reasons to rally.
I would update you guys by next week if this move is still valid based on how the price moves.
Also, I would really appreciate it if you follow me on Twitter: twitter.com
Let me know what you think of this idea if you also have CADCHF on your radar.
I would be posting more trade ideas for next week. STAY TUNNED!!!
Cheers,
David
CADCHF IS BEARISH.Technical Analysis:
Breakout out from the daily support zone.
A retest to the previous major supply zone.
Another breakout again in the 4 hour time frame (Breakout confirmed by volume).
Then a retest of a rejection candle which is confirmed by a high volume
Sell order confirmed.
Technical indicators:
Volume - ascending volume confirms a trend and corresponding (high/low) volume confirms the candle stick
Bias: Drawdown to 0.64900
CAD/CHF Volume Profile 📊 and Price action analysis 📋On CAD/CHF is nice to see strong buying reaction from the price 0.6546 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Volume cluster are my mainly reason for this long trade....
Happy trading
Dale
CADCHF BEARISH IDEA (DOUBLE TOP)potential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern).
The bullish trend is still intact; (be careful with your levels)
Entry, SL, and TP levels are defined.
CAD/CHF Multi-Timeframe & Order Flow analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CADCHF, Major reversal in the way.CADCHF / 4H
Hello Traders, welcome back to anothe rmarket breakdown.
CADCHF has been trading in a down trend. However, The price is deviating from a Major Macro level.
I expect the Low to printed soon if it's not already printed. Hence, I'm looking for longs on this pair from now on.
Trade safely,
Trader Leo.
LONG REVERSAL IN CADCHF | SWING TRADECADCHF is trading at all time lows area. Checking out the price action, the price is trading in a DAILY FALLING WEDGE PATTERN which is a BULLISH reversal pattern.
Once daily closes above the falling wedge, a LONG can be initiated on
1. Breakout of falling wedge,
2. Retest of falling wedge as support after the breakout
There is also BULLISH RSI DIVERGENCE, which shows downtrend is getting weak and trend may reverse soon.
This is a SWING TRADE.
But if daily closes back inside the falling wedge after the breakout, that would result in fake breakout/bulltrap and the idea will be invalidated.
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
CADCHF : Long Trade , 1hHello traders, we want to check the CADCHF chart in the 1-hour time frame. The price has broken the downward channel and also the key level of 0.66300. If the price pulls back to this level, it is a good point to enter a buy transaction and wait. We have price growth up to the key level of 0.67100. If the price can break this level, the next target will be around the price of 0.68100. Good luck.
CADCHFWe are going to place a pending order on this asset that has gone too far down. Now you could see a correction coinciding with the second part of the week. Remember we remove the order if it has not been executed at the end of the day. (as a reference 7pm or 8pm in London)
Vamos a poner una orden pendiente en este activo que se ha desplazado demasiado a la baja. Ahora cabria ver una corrección coincidiendo con la segunda parte de la semana. Recuerda quitamos la orden si no se ha ejecutado al acabar el dia. (como referencia 19h o 20h de Londres)
CADCHF - Catch This Easy Wave! 🏄🏼♂️CADCHF is currently trending bearish = looking for only sell setups.
In this analysis, we can see multiple degrees of waves.
Major waves = Black bracketed waves
Subwaves = Red circled waves
Minor waves = small red bracketed waves
We are currently in subwave 3 which has 5 minor waves.
We are seeing minor wave 2 correction now and anticipating minor wave 3 move lower.
Trade idea:
- Watch for rejection of sell zone
- Risk entry on rejection of fib
- Safe entry on break of red trendline
- Targets: 0.712 (250pips), 0.69 (450pips), 0.65 (700pips)
Goodluck and as always, trade safe!
Cadchf some correction might be there before resume downside...
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
✨ NEW: CADCHF ✨ UT (3D) ✨Shout out to @Oktane for this pair 😂
SLO @ 0.7750 ⏳
TP1 @ 0.7415 (shaving 25%)
TP2 @ 0.7100 (shaving 25%)
TP3 @ 0.6850 (shaving 25%)
TP4 @ 0.6633 (closing ALL Sell Orders)
ADDITIONAL INFO:
00:00 The Easiest Trend Ever
00:32 Curve Analysis
00:55 Only Short Opportunities
04:47 Extreme SLO
05:27 Shaving 25%, then closing @ TP3
06:00 A Possible Buy Opportunity?
07:30 Boost, Follow, Comment, Join
CADCHF : Short Trade , 1hHello traders, we want to check the CADCHF chart in the 1-hour time frame. The price is moving in a downward channel and has hit the previous floor. We expect this level to play the role of a resistance level and maintain the downward trend of the price and cause The price drop until the targets are specified. Good luck.
CADCHF sell Entry : 0.66220
Stop : 0.66730 , Target1 : 0.66665 , Target2 : 0.65200
Risk/Reward Ratio : 2