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Cad-chf

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
2
CADCHF facing bullish pressure, potential for further upside!Prices 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.
by TradeGATEHub
CADCHF looking up 🦐CADCHF after the last retracement is back near to the previous highs. The price soon will test the resitance 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
CADCHF will make new recent highs 🦐CADCHF after the last retracement is back near to the previous highs. The price soon will test the resitance 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
4
CADCHF at its RESISTANCEHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is at its Resistance and can fall from here Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
Short
by Ryan_lopes
CADCHF: Pullback from Key Level CADCHF is testing a major weekly structure resistance. Taking into consideration that the market is quite overbought, chances are high to see a pullback from that. Your confirmation will be a bearish breakout of a rising parallel channel on 4H. While the price is within, the market remains sharply bullish. The breakout will signify a local shift in market sentiment and will push the pair to local structure level. First goal will be - 0.732 In case of a bullish breakout of the underlined resistance, setup will be invalid.
Short
by VasilyTrader
9
CADCHF on a retracement move 🦐CADCHF after the strong impulse reached the resistance level below a structure. According to Plancton's strategy, if the market will break below the support, we can set a nice short 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
Short
by InkyGrip
CADCHF looking up 🦐CADCHF after our last analysis broke above the weekly resistance. If the market during next week will retest the weekly support over the 0.382 Fibonacci level we will set a nice long order according to Plancton's strategy –––– 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 looking up 🦐CADCHF has reached the weekly resistance at 0.70500 . The market after the test of it retraced at the 0.382 Fibonacci level and now seems ready for the break above. According to Plancton's strategy if the market will break above we can 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
4
CADCHF// Reversal or Breakout??CADCHF is approaching the well respected trendline yet again along with an area of former support/resistance . This seems like an easy trade, however, the last 3 touches were quite easy as well. Anything too good to be true probably is. While I will be looking for the short, I am prepared for price to go long. There will be important news coming out of Canada in the next few hours which can either provide a spike which will take most early shorts out or be the catalyst for a breakout. I have quite a few other ideas of what can happen but I will let price do its thing. Check out my last few analyses of this pair in the comments!
by N0ST0PL0SS
2