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Cad-chf

CADCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices. Trading Recommendation
Long
by TradeGATEHub
CADCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from ascending trendline support and horizontal swing low support in line with 78.6% Fibonacci extension and 50% Fibonacci extension. Prices might push up further towards 1st resistance in line with 78.6% Fibonacci extension. If prices fall through 1st support, prices might take support on 2nd support which is in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. EMA is also below prices, showing a bearish pressure for prices.
Long
by TradeGATEHub
CADCHF looking up 🦐CADCHF on the 4h chart end the retracement and now testing the a minor resistance structure. According to Plancton's strategy if the market will break above we will set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
CADCHF facing bearish pressure | 21st Apr 2021CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from horizontal swing high resistance which coincides with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. Ichimoku cloud is above prices, showing a bearish pressure for prices.
Short
by FXCM
2
CADCHF facing bearish pressure | 21th Apr 2021CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from horizontal swing high resistance which coincides with 78.6% Fibonacci retracement and 127.2% Fibonacci extension. Ichimoku cloud is above prices, showing a bearish pressure for prices.
Short
by FXCM
1
CADCHF: Waiting For Breakout CADCHF is stuck within a local horizontal trading range on 8H. I am waiting for its bearish breakout to short the pair and catch the next swing move to the downside. Next support - 0.7275 Remember, that while the price is within the range, its future direction is uncertain. In case of a bullish breakout of the range, a bullish move will be expected. The next resistance will be 0.747 ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Short
by VasilyTrader
5
CADCHF testing the support 🦐CADCHF after the recent highs broke the ascending channel and moved to the support area at 0.73500. The market bounced for and possibly will retest the previous support before breaking below. We will be ready to set a nice short order according to Plancton's strategy if the conditions will be satisfied. -––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy
Short
by InkyGrip
26
CADCHF can break the support 🦐CADCHF after the recent highs broke the ascending channel and moved to the support area at 0.73500. The market bounced for and possibly will retest the previous support before breaking below. We will be ready to set a nice short order according to Plancton's strategy if the conditions will be satisfied. -––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy
Short
by InkyGrip
2
CADCHF, Long, RR 1:5Good morning ladies and gents, Price has retraced back into a Daily Propulsion Block. On the H4 Chart, price has dropped back in an area we label "Source". As per our system at AmplaFX, the H1 and M15 rules are fulfilled so we have found a long position available at current market price. Looking to take it up to refill the H4 imbalance for an RR of 1:5. I anticipate price to trade through and beyond this level challenging old highs. However, a short term swing position is avaiilable here for a 1:5 RR based trade. Seasonal tedency indicates CAD strength and CHF weakness which adds further support to this trade idea. I wish you all good luck and good trading.
Long
by Jiraiya_eth
CADCHF testing a weekly support 🦐CADCHF after the recent highs broke the ascending channel and moved to the support area at 0.73500. The market from there can bounce for a retest of the previous support now turned resistance and then break below. We will be ready to set a nice short order according to Plancton's strategy if the conditions will be satisfied. -––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy
Short
by InkyGrip
2
CADCHF looking up 🦐CADCHF after the last retracement is back near to the previous highs. The price soon will test the resistance area and according to Plancton strategy if the market will break above we will set a nice long order. ––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy
Long
by InkyGrip
10
CADCHF facing bullish pressure | 31 Mar 2021Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which is in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which is in line with 78.6% Fibonacci extension and horizontal swing high resistance. If price pushes down lower, it might take support on 2nd support which is in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM