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CAD (Canadian Dollar)

20 REason For sell CADCHF 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: extremely BEAR AND CURRENT MOVE IS ALSO IMPULSE Monthly: JUST BREAKING 20 MONTH STRUCTURE weekly: ESTABLISH DOWN TREND 1 Structure analysis time frame: DAILY BEAR BLUDUP AFTER BREAKOUT BEAR 2 target time frame: DAILY 3 Current Move: IMPULSE 4 Entry Time Frame: H1 4.1 Entry TF Structure: BEAR 4.2 entry move: IMPULSE 5 Support resistance base: H4 FVG 6 FIB: SHALLOW MOVE 7 candle Pattern: CHANGE IN GUARD / KEY REVERSAL / INSIDE BAR REVERSAL 8 Chart Pattern: fALLING BASE 9 Volume: Heavy volume at starting to date 10 Momentum UNCONVENTIONAL Rsi: SUPER BARISH WITH LOUD MOVES 11 Volatility measure Bollinger bands: Possible double bottom or volatility divergence 12 strength ADX: Strong bull 13 Sentiment ROC: CAD is weaker than CHF 14 final comments sell right now : 15: decision: Sell 16 Entry: 0.7053 17 Stop losel: 0.7066 18 Take profit: 0.7010 19 Risk to reward Ratio: 1:5 Excepted Duration: 1 day
Short
by Optimum369
1
CADCHF SHORTAs we can see with the last trades NFP price has not created explosive moves on USD pairs until Monday and Tuesday this week. As far as this pair the CadChf has showed exhausted bulls. Price had a 0.78131 high back in May this year but the trend wasn't established until price decided not to break that high coming short of the high making a lower high at 0.77980 which means we have been in a downtrend with slight pullbacks until late September price had broken out of the trend line making a correction which seems to come to an end as of now
Short
by hollowbanks412
CAD/CHF: Review!!!So, in this past analysis that I made, this was not good trade and little hard to traded it in Canadian Dollar/Swiss Franc as we had the FED interest rate decision that move the financial market very volatile. So, I enter in two different position with good opportunities that I would have gotten this nice opportunity that I fell. But we would review what happened in the past week and what I will need to improve my skills. 1. CAD/CHF: Long position on October, 31, 2022 In this screenshot, we see that I remember that I update this par and I was in long position and very good with almost 60 pips. Also, in the past I put my target to $0.7460 CHF, what later I move it to $0.7490 CHF. if I would have gotten to closed up this long in $0.7460 CHF, i would got 60 pips in profits. what I decided to up my target profit to $0.7490 CHF. But maybe, I found out an interesting resistance in $0.7558 CHF, what I fell in this unique zone to don't improve this hide zone in H4 timeframe that I believe that I will need to take care of this institutional zone. But I ended this trade that took me my break even in $0.7304 CHF what I result a loss of 1.11%, after that I was in profit to long position. 2. CAD/CHF: Short position on November, 2, 2022 In this analysis, we see that I was in short position shorting from $0.7430 CHF, and also I made a very good analysis that CAD has the chance to continue drop toward $0.7365 CHF with a lot true. But the price moved by bullish sentiment that I remember that I closed up manually to $0.7322 CHF, what was a small earn of 0.74%, and also I don't know if this was a good opportunity to re-entry to long that I suppose to do that. But well, I see that my trades are not very bad, but there're some key to work for my trading experience like still pending in H4 if we see a resistance key to watch out to fix my target profit only for my first trade in this par. And my second trade, I don't found out any fell, what the only it's trying for me to work a little more my analysis, as my second trade was a great trade, that my short could to give me a nice opportunity. That it's all my review. I end with 1.11% loss and 0.74% earned. A total of -0.37% in loss. It's quite small that any ant see it. Good day!!!!
by harisonhbn9718