CADCHF professional shopping area in H4⬆️ CADCHF professional shopping area in H4
The price comes from completing a channel with a broken trap in the fourth touch of support, an advantage zone in our favor, and there the pair confirms the activation of the purchases, marked by the arrows in the graph that specify the double zone of statistical advantage horizontal and bearish guideline. When a confluence of supports appears, the price costs much more to overcome it, and usually reacts against it, and that is what has been done, all supported by repetitive bullish divergences of macd. We will look for the following search objectives, only if the support it has looking at daily timeframe is respected and is created an accumulation zone with bullish divergence.
Cad-chf
$EURAUD cheat sheet for the week #forexI am not interested in longing in direction of wave also , as I am not that it drops first or Pump first. It may drop from here only directly or a retest as I am expecting at 1.63250. If it goes there that will be a fine short Entry to target 90+ Pips with more than 4.5R. Lets see how it goes.
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.7325
TP2= @ 0.7382
TP3= @ 0.7424
SL= Break below S2
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.7325
TP2= @ 0.7382
TP3= @ 0.7424
SL= Break below S2
CADCHF | Rejected by Ichi CloudPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 0.73707
TP1 - 0.73488
TP2 - 0.73361
SL - 0.73772
Reason: The price was rejected by Ichi Cloud Resistance and losing it's support level.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
CADCHF - Shorting!Bears turn.
Sell. 4H - CADCHF
TP, Entry and SL are provided.
Happy trading. :)
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
CADCHF // LONGHello Traders,
I`m looking for a short on my trading Setup. My style of trading is more for a Swing Trade. I created a Trading Plan based on Value Investing.
Please, don`t be greedy.
-> $2,000 per 0.01 std lots.
If re-entry is necessary, double the lots from initial trade.
I`m a Forex Fund and Accounts Manager with more than 8 years of experience.
Maximum DD: 3% of your balance.
Trade Safe and stay tuned for possible updates.
CADCHF - FOREX - 06. JAN. 2020Welcome to our weekly trade setup ( CADCHF )!
-
1 HOUR
Strongly waving market with some bullish pressure.
4 HOUR
Sideways market structure at its resistance.
DAILY
We need a pullback to the downside.
-
FOREX SETUP
SELL CADCHF
1ST ENTRY @ 0.74670
2ND ENTRY @ 0.74830
SL @ 75.130
TP @ 74.180
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
CADCHF - FOREX - 27. DECE. 2019Welcome to our weekly trade setup ( CADCHF )!
-
1 HOUR
Sideways moving market structure.
4 HOUR
Multiple pullbacks and waves.
DAILY
Overall bearish direction, good short entries!
-
FOREX SETUP
SELL CADCHF
1ST ENTRY @ 0.74730
2ND ENTRY @ 0.74820
SL @ 0.74980
TP @ 0.74470
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
Watch Out: BoC Meeting Could Trigger Massive H&S PatternA promising setup is forming in CAD/CHF on the 4-hour/daily chart. The pair is forming a H&S pattern, but the price has faced some buying pressure at the neckline this morning.
A break below 0.7420 would signal a selling opportunity, with a profit target of around 200 pips (or at least at the August lows around 0.7270).
The Bank of Canada meets tomorrow for the rate decision. This will likely be a catalyst for the pair - holding rates steady would push the price up (neckline acting as support), while an unexpected rate cut would trigger a selloff in CAD.