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Cad-chf

CADCHF - SWING - 28. DECE. 2020Welcome to our weekly trade setup ( CADCHF )! - 1 HOUR Bearish price turn.. 4 HOUR Strong closure below main sr level. DAILY Overall bearish market structure after a pullback. - FOREX SWING SELL CADCHF ENTRY LEVEL @ 0.69200 SL @ 0.69540 TP @ 0.68730 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
14
CADCHF on a test of the trendline 🦐On the 4h chart CADCHF is in a long consolidation phase between a weekly resistance and a minor support. The market which moves ina choppy way has now reached the ascending support trendline. IF the price will break and close below the structure we can set a nice short 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 will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together
Short
by InkyGrip
6
2 Timeframe analysis CADCHF Today, we will show our view on CADCHF based on Daily and weekly timeframes. Weekly Chart: The price is on a major support zone, and we saw a clear rejection there. Now we can see a local trendline about to be broken, and we expect a bullish resolution towards the next resistance zone. (Descending Trendline. Daily Chart: Here we have a more zoomed view of the Weekly chart, and we can see a corrective structure on the edge of the broken descending trendline. If we have a breakout of the ABC pattern, we expect a continuation movement towards the next resistance zone (TP1) and a Final Target on the Weekly descending trendline (TP2)
Long
by ThinkingAntsOk
1
CADCHF over. a weekly resistance 🦐CADCHF after the bullish impulse until the 0.70500 level retraced back until the 0.5 Fibonacci. It broke above, retested the 0.382 and now move above the resistance area at 1.69900. inside an ascending channel IF the price will retest the structure, according to Plancton's strategy, 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 will trigger.
Long
by InkyGrip
CADCHF testing an ascending trendline 🦐CADCHF is testing the ascending trendline. near to the 0.382 level. If the price will break below the trendline and the support structure we can set a nice short order according to Plamcton'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 will trigger.
Short
by InkyGrip
5
CADCHF - Zone Breaking Soon, Nov. 23rd, 2020The analysis is mainly to show that the top zone will break on the next retest, the 'non reactionary' area and the 'likely area to start another bull rally,' were just a little extra I added but should not hold as the focus point. I usually do not do swing analysis, I decided to apply my low timeframe trend continuation method to a higher timeframe and see how well it goes. I would never blindly ride the assumed bearish trend down to the assumed bullish area and blindly enter a reversal long back up to the zone that I think will break. As far as I can tell the current range will hold on the bottom side and will just retest, pushup, and break the top side of the zone. If the bottom side of the ranging area were to break, then expect a downtrend to the bullish area, wait for a confirmation for a reversal as I believe this is heavy bull territory. Keep in mind if the bottom side range is broken then structure will be forming along the way, these areas will alter the analysis as a whole but can act as take profit targets if a bullish reversal were to be triggered. Summary: CADCHF is in a range, if the bottom side breaks then expect price to be bearish until the labeled bull zone, here you can look for high timeframe reversals. If the top side of the range is even retested again I think it will break.
Long
by TonyAiello
1
CADCHFPrice is at an area of resistance at 0.69656. Price has been bouncing off the support rend line. Due to the recent rejection of the support trend line, I believe the price could break through the resistance level (0.69656) and reach 0.70388. Before taking a long position, I will ait for clear confirmation of a breakthrough of the resistance level. However, the recent high wicks in the 4H candles provide caution that there is not much bullish strength here. Therefore it is possible that the price may break below the support line. Confirmation of the breakthrough BEFORE taking a long position is crucial here.
Long
by francesgurton
CADCHF over a weekly support 🦐CADCHF after the strong impulse broke and consolidate above the weekly support at 0.70150. The market never retraced back and a retracement until the 0.382 or 0.5 can be expected If the price will break above the minor 4h structure at 0.70450we 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 will trigger.
by InkyGrip
4