Short Trade on CAD/CHF by ThinkingAntsOk4H CHART EXPLANATION:
We observe that price is consolidating on a corrective structure below the Broken Ascending Trendline. Now we will wait for a breakout and a bearish movement towards the Support Zone at 0.74500. If this zone is broken, then there is potential to reach the Support Zone at 0.7300.
DAILY CHART EXPLANATION:
Cad-chf
CADCHF in sell zone againwe have nice opportunity to open short position here for CADCHF. we have strong resistance on the red line that keep price below itself for 9 month ago till now. we open short at .764 and put stoploss above red line and target is long Trend line (black) that is supporting price for more than 4 years!
CAD CHF | POTENTIAL LONG UP TO 0.77000CAD CHF
+ Daily Trendline broken
+ Good Bullish Momentum
+ Fundamental strong CAD
+ Waiting for a Break and Retest Scenario
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CAD Interest Rate Decision, not the best for SwingTrading, if we hold rates we can see really good momentum to the Upside!
Risk to Reward: 1:2,25
5000€ Account
50€ Risk
125€ Reward
Bullish movement coming on CAD/CHF by ThinkingAntsOk4H CHART EXPLANATION:
As we explained on the Daily chart below, we are waiting for a breakout of the Zone. After that, we need a bullish corrective structure to place our orders, it can be a flag, pennant , triangle, or any corrective pattern.
DAILY CHART EXPLANATION:
CADCHF - FOREX - 21. OCTO. 2019Welcome to our weekly trade setup ( CADCHF )!
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1 HOUR
Bullish market open and price action this monday.
4 HOUR
We had a 50% Pullback of previous x-a wave formation.
DAILY
Bullish waving market with several pullbacks, great long entries now.
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FOREX SETUP
BUY CADCHF
1ST ENTRY @ 0.75220 (Wait for trigger)
2ND ENTRY @ 0.75090
SL @ 0.74860
TP @ 0.75600
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
CADCHF sell signal op [90pips] Today CAD is not have to much good results on Core CPI and CPI, 6 days we are have bulish trend, price looks saturated, technicaly looks good, i expect push lower in price.
ENTRY: 0.75400
TP1: 0.75100
TP2: 0.74900
TP3: 0.74700
SL: 0.75703
Chart time frame - D
Time for reaching TP - 1 - 3 days
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Long Scenario on CAD/CHF by ThinkingAntsOk4H CHART EXPLANATION:
As we explained on the Daily chart below, we are waiting for a breakout of the Zone. After that, we need a bullish corrective structure to place our orders, it can be a flag, pennant, triangle, or any corrective pattern.
DAILY CHART ANALYSIS:
CADCHF: Sell opportunity (short/ medium/ long-term targets).The pair has been trading within a long term 1W Bearish Megaphone (RSI = 54.429, MACD = 0.000, ADX = 24.402, Highs/Lows = 0.0014) since February making Lower Highs but more importantly wider Lower Lows. We are currently on the Lower High zone and traders who want to sell on the medium and long term can aim at 0.73620 and 0.72700 respectively.
On the short term 1D has been a Rectangle (RSI = 57.232, MACD = 0.002, Highs/Lows = 0.0005) since early September trading within 0.75650 - 0.74350. Short term traders may sell with 0.74350 as their target.
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CAD/CHF IS A PAIR TO WATCH TODAYThe CAD/CHF pair reached an important resistance level on the daily chart. A horizontal resistance zone aligns with the upper resistance of a falling channel. Also, notice the bearish RSI divergence, signaling a potential fake breakout and reversal.
- Horizontal resistance zone
- Falling channel resistance
- Bearish pinbar
- Bearish RSI divergence
- Fake breakouts
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CADCHF higher bearish market expectingAfter analysis we can possible expect higher bearish market. MACD in good position, CAD is lose some power from oil prices, and some bad results in USA economy are have negative impact on CAD.
ENTRY: 0.74700
TP1: 0.74400
TP2: 0.74000+
SL: 0.75500
Chart time frame - 1D
Time for reaching TP - 1-5 days
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Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7460). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.7515
TP2= @ 0.7560
TP3= @ 0.7610
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 (0.7460). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.7515
TP2= @ 0.7560
TP3= @ 0.7610
SL= Break below S2
Easy 300+ pips, dont miss! - CADCHF - SELLAfter analysis i can say we will see more bearish market. CAD is one of wekest currencys, CHF the strongest currency.
ENTRY: 0.74350+-
TP1: 0.74000
SL: 0.74800
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
More information soon!
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All best!