#CADCHFSupport and resistance are specified
The green areas are Target
Red areas are important and strong and may hold the price
Time range specified
Look at the channels
Be careful with the trend line
Cad-chf
CAD CHF SELL!A CAD/CHF short position looks to be profitable as it falls towards support at 0.73821.
SL: 0.75037
TP: 0.73821
CADCHF Sell SignalPattern: Bearish Megaphone on 1W.
Signal: Bearish as the price was rejected on the Lower High Zone.
Target: 0.73850 (primary) and 0.73000 (extension).
CAD/CHF Bearish Setup by ThinkingAntsOk4H CHART EXPLANATION:
On the 4H, price has bounced at the Confluence Zone with a strong reversal. We consider it has potential to reach the Bottom of the Ascending Channel. It may correct there, bust just to continue the downside movement. After that, the main short term target is the support zone. Longer term targets are explained on the Daily and Weekly Timeframes below.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
Long Cad/Chf, FREE SIGNALS GROUP vvvvvt.me
Oil prices rising should hopefully see break to upside after long downtrend!
Easy 300+ pips, dont miss! - CADCHF - BUYAfter analysis i can say we will haveve much more bigger UP trend. CAD is have positive results today Employment Change (Aug) A:81.1K F:18.9K P:-24.2K, and Unemployment Rate (Aug) A:5.7% F:5.7% P:5.7% is stay unchangeded. CHF is in down trend, today is one of the weakest curencys and i believe CHF will stay low in next day.
TP1: 0.75300
ENTRY: 0.75000+-
SL: 0.74700
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
More information soon!
Follow, Like, Share or Comment
Thanks on supporting!
All best!
CADCHF - SHORT POSSIBILITYPRICE BROKE LAST SUPPORT WHICH BECOME NOW RESISTENCE, SELL THE RESISTENCE RETEST TO THE NEXT SUPPORT
CADCHF is giving us a very Clear formation.Take the Buy Tradehey fans i am long from the Bottom.a very beautiful chance to take the trade and have a alot of pips
CADCHF SHORTPrice is in a downtrend. Entered when we couldn't break and close above the 61.8% Fib level. Stoop above the 71% Fib and the trendline and the target is at the first fib extension.
CADCHF Double Bottom to Follow Through?CADCHF on the 4 hour chart with a nice downtrend and we did break below a major support zone. The daily chart did show a rejection of support now turned resistance but not much more follow through.
I like the 4 hour chart. We see a double bottom as well as a nice engulfing candle. We know where the buyers are at.
I would await a break and close above this resistance/flip zone at 0.7390-0.7400. 0.7480 would be first target.
Ideally would like to see a bit of a pullback here and then a push above this zone. This would also create a higher low giving us more confluence.
CADCHF(WEEKLY FORECAST): SHORT RUN IS SUSPECTED!0.79500/0.78700 zone - Major resistance respected since the impulsive move in January 2015 and since May 2018, the price has been going below this resistance.
This indicates that demand is dropping.
There will be publications in lower time frames soon as the reaction of price is been monitored.
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7315). 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 55.
Take Profits:
TP1= @ 0.7425
TP2= @ 0.7475
TP3= @ 0.7630
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 (0.7315). 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 55.
Take Profits:
TP1= @ 0.7425
TP2= @ 0.7475
TP3= @ 0.7630
SL= Break below S2
CADCHF break n retestCADCHF broke through our support zone and is row retesting it as resitance.
If its going further down we can see possible shorts on this pair.
Top and Bottom Analysis On CAD/CHF by ThinkingAntsOk4H CHART EXPLANATION:
A few weeks ago we posted this chart when the downtrend was starting and it has recently reached our short-term targets. Now, we expect a bounce at this support zone, and a corrective movement just to continue the bearish movement after that. Of course a break of the Support Zone is needed, as explained on the higher timeframe anaylsis below.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
CADCHF Breakout Alert!!The formation of Ascending triangle pattern in 4 hourly charts is likely to breakout upwards with high volume.
Stochastic RSI, RSI, and MAcd are showing buying pressure.
Targets are drawn along with the main support.
If the breakout is upwards, easily 30-40 Pips profit in the short term.
NOTE- DYOR before investment, this chart is for educational purpose only
Please like, share and comment.
Twiiter:
twitter.com
Telegram:
t.me
CADCHF starting to create new lows, looks pretty bearish!Looks like the bears gonna ride this pair down again with CAD showing signs of weakness, big sell off!
