CAD/CHF is reacting off the pivot which acts as a pullback resistance and could fall to the 1st support. Pivot: 0.659903 1st Support: 0.65474 1st Resistance: 0.66173 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...
In one of our earlier analysis, we posted a massive short where we banked over 900pips! Now that the bearish trend has completed, we are now in bullish territory. CADCHF is currently in a big bullish ABC correction. Wave B tends to be a complex one and that is what we are currently focusing on. We have 3 trades lined up for CADCHF. Trade 1. - watch for price...
☑Pair Name : CAD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 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 ) Type : Mid Term Swing ——————————— ☑Bullish Reversal 0.64900...
Fibonacci Retracement Levels: The chart shows Fibonacci retracement levels at 38.20%, 50.00%, and 61.80%. The price seems to have retraced to around the 50% level and is currently hovering slightly above it. Moving Average: The 200-period Simple Moving Average (SMA) is plotted on the chart, currently at approximately 0.65750. The price has crossed above the...
The CADCHF pair has been on a strong 2-week rise after the 1D RSI turned oversold (below 30.00) that is testing today the 1D MA50 (blue trend-line) for the first time in 1 month (since May 31). Since the dominant long-term pattern has been a 18-month Channel Down, we expect this 1D MA50 test to deliver a rejection similar to November 03 2023, and resume the new...
Hello,Friends! Previous week’s green candle means that for us the CAD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.651. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for CADCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.656. Considering the today's price action, probabilities will be high to see a movement to 0.644. P.S Please, note that an oversold/overbought condition can last for a long time,...
CADCHF - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short CADCHF Entry - 0.6565 Sl - 0.6591 Tp - 0.6517 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment!
CAD/CHF is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 0.65290 1st Support: 0.64969 1st Resistance: 0.65874 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...
Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for short position. My point of interest is if price fills the imbalance higher and then rejects from liquidity zone + FIBO 0.618 level + institutional big figure 0.66000. Great confluence of...
CADCHF is finally recovering after quite an extended bearish rally. I see a confirmed bullish breakout of a key daily horizontal resistance. It signifies the strength of the buyers. I believe that the market will keep recovering and reach 0.659 area soon. ❤️Please, support my work with like, thank you!❤️
Hello,Friends! We are going short on the CAD/CHF with the target of 0.643 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✅
Broke through Resistance level of 0.6524 at 6/22 03:00. Possible bullish price movement forecast for the next 2 days towards 0.6556. Expiry Date/Time: 6/25 14:22
Hello,Friends! We are now examining the CAD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.647 level. ✅LIKE AND COMMENT MY IDEAS✅
Watch out for a shortterm long entry after a sweep of this daily low.
Hello Traders, Hope you all are doing good!! I expect CADCHF to react from the highlighted zone. Currently CADCHF is in bigger correction & I am still seeing the potential bigger move towards upside. Plan to Trade: If market starts to correct from current levels upside, then short term sells are possible. Look for your BUY entry setups as per the above...
✅CAD_CHF is trading In a downtrend and the pair Broke out of the horizontal Range pattern so we are Bearish biased and we will Be expecting a bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. If you have followed my video, i mentioned about shorting on chf crosses . It has came down quite a bit and i think it will still continue on...let's see how it play out this week. :) can look at cadchf etc.. Do check out my recorded video (in trading ideas) for the...