CAD (Canadian Dollar)
CADCHF - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
CADCHF is overall bearish trading inside the brown channel, and it is currently approaching the upper brown trendline.
Moreover, the zone 0.735 in blue is a strong resistance zone .
So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
As CADCHF approaches the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF, a setup to go short.CADCHF / 1D
Hello traders, welcome back to another market breakdown.
CADCHF has been trading in a bullish trend. However, the price has started making new lows, new lower lows indicating the start of a trading range or a new bearish trend.
Checkout the chart for what I'm waiting for.
Trade safe, trade with a plan...
Trader Leo.
CADCHF - 4hrs ( Buy Trade 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 ( )
Type : Mid Term Swing
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Bullish Break
0.72850 Area
Reasons
- Major Turn level
- Visible Range Value
- Prev Day High
- Inner Trend Break
- Fixed Q lvn Area
Bearish Reversal
0.73500 Area
Reasons
- Major Turn level
- Visible Range Value
- Fixed Range Lvn
- Prev Q / low
- Pattern Mid Target
- AB = CD mid Target
Bearish Reversal
0.75300 Area
Reasons
- M / Turn level
- Fixed Range Q / Value
- Pattern Full Target
- Prev Month High
CADCHF - 4hrs ( Up + 40 PIP / Tp 1 > Full Tp 200 PIP ) ✅Pair Name : CAD/CHF
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
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🔰 Update - VIP Opportunity
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🔰Up + 40 PIP.
Target Hit ( 1 )
Account Growth 5 %
CAD/CHF continue with the Uptrend ☝️On CAD/CHF is nice to see strong buying reaction from the price 0.72590 and 0.72400 , 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...
Volume cluster + Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
cadchf buy long positionThe Canadian Dollar vs. Swiss Franc pair is often recognized as a carry trade vehicle because of the relationship between a low yielding, safety geared currency (CHF) and a higher yielding, growth related one (CAD). The CHF is considered to be safety geared and low yielding because of its reputation as a safe harbor and haven for foreigners depositing their wealth in a foreign private banking system. The CAD is considered to be a commodity currency because of its exporting of natural resources which makes it sensitive to investors' outlooks on global economic growth.
CADCHF - Breaks out the range or reject ⁉️Hello traders!
‼️ This is my analysis on CADCHF .
Here we are in a range for couple of weeks, so I expect price to reject from resistance + institutional big figure 0.73000 or if breaks out the range, I will look a re-test of resistance and the will open a long.
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CADCHF: Bearish Setup Explained 🇨🇦🇨🇭
CADCHF reached a falling trend line on a daily last week.
Approaching that, the price formed a head and shoulders pattern on 1H time frame.
Its neckline was broken on Friday.
I believe that the pair will keep falling.
Goal for sellers - intraday rising trend line.
❤️If you have any questions, please, ask me in the comment section.
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