CADCHF: Potential Pullback Trade Explained 🇨🇦🇨🇭
CADCHF is approaching a key level.
To catch a pullback from that, watch a triple bottom formation on 1H.
0.679 - 0.6796 is its horizontal neckline.
Your confirmation will be its bullish breakout (hourly candle close above).
Then buy aggressively or on a retest.
Targets: 0.681 / 0.6822
If the price sets a new low, the setup will be invalid.
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CAD (Canadian Dollar)
CAD/CHF: Long position by pull backIn this analysis ,we analyze Canadian Dollar/Swiss Franc and I see a potential long position that we can to get this long in CAD/CHF.
This it's our H4 analysis, and it's mean that made a pull back in H4 timeframe confirmed by this 2 bullish candlestick signal, a doji and a bullish hammer inverted. Both are bullish.
I buy right now, Stop loss in $0.6883 CHF and take profit in $0.6990 CHF
Good luck
***Tomorrow we have Canada Core CPI, that mean indicator of purchase consumer and it's used to measure inflation rate what are the sentiment of Canadian consumer into this economy.
EURCAD I Position swing short from monthlyWelcome back! Let me know your thoughts in the comments!
**EURCAD Analysis - Listen to video!
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USDCAD I Impulse correction and continuationWelcome back! Let me know your thoughts in the comments!
**USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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CADCHF - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on CADCHF.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I will consider a short entry if price retraces to fill the imbalances higher and rejects from bearish orderblock with a confirmation on lower timeframe.
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CAD/CHF Fully Closed +250 Pips , New Short Entry To Get 200 PipsThis 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 16th JANUARY 2023CADCHF has the opportunity to continue the analysis of the previous double bottom pattern
Double bottom pattern is a bullish reversal pattern that occurs at the bottom of a downtrend and signals that the sellers controlling the price action so far are losing momentum. Pattern resembles the letter “W” due to a two-touched low and a change in trend direction from a downtrend to an uptrend.
CADCHF - 4hrs ( Up + 150 PIP / Tp 3 > Full Tp 250 PIP ) ✅Pair Name : CAD/CHF
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
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🔰 Up + 150 PIP.
Target Hit ( 3 )
Account Growth 7.5 %
CADCHF - Perhaps another leg higher?CADCHF - Perhaps another leg higher?
CADCHF Checking higher timeframes at key support of weekly, monthly and daily we've got range breaking out, further upside could take us towards 0.70500 areas. However, keep in mind if we go back within this range I'd be re-thinking core long on CADCHF
We had CPI came in as estimate, it wasn't a major move we headed to the direction we are heading in all markets, dxy heads lower etc. The trend is your friend, until it's broken.
Great traders I network with via twitter gave me amazing advice, a great trader and personally a mentor to me stated "Never met a legit millionaire who is out there bringing people down" . And it's true, every successful trader I've surrounded myself with are open to discuss market moves, psychology aspects and they aren't selling scams via a telegram, not become a social media guru to gain lot of followers. The right traders they helping trading communities grow in a correct manner.
Have a great weekend,
Trade Journal
CADCHF - 4hrs ( buy Trade After Break Target Range 250 PIP ) 💲Pair Name : CAD/CHF
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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🗒 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 / Long Side ( After Break Out )
Type : Mid Term Swing
———————————
🔰Bullish Break
0.68350 Area
Reasons
- Major Turn level
- inner Channel Break Out
- Turn over Resistance
- Visible Range Hvn
- Fixed Range poc Area
🔰Bearish Reversal
0.70500 Area
Reasons
- major Turn level
- pattern Target
- Visible Range lvn
- Fibo Golden
CAD/CHF - 4hrs ( Up + 50 PIP / Tp 1 > Full Tp 250 PIP ) ✅Pair Name : CAD/CHF
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Short
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 50 PIP.
Target Hit ( 1 )
Account Growth 2.5 %