Looks like a promising area to take short from and good RR which is worth taking a trade with 1% risk.
Hey traders, CADCHF AT THE MOMENT LOOKS PRETTY GOOD! bearish engulfing candlestick is forming after negative CAD news which should keep this trade running to the bear side for a while. Overall market direction is also bearish which is good.
Please this is not a financial advice rather its an aid to guide you towards the markets possible direction over the next few hours... #fx #trading
Please this is not a financial advice rather its an aid to guide you towards the markets possible direction over the next few hours... #fx #trading
Price has created a major rising channel and has now broken below the support trendline of the channel. This pair now has the potential to make a major drop to the new support level.
#CADCHF ( Canadian Dollar / Swiss Franc ) Long Time Frame #LTF : 1. RISING WEDGE Pattern in Long Time Frame #LTF and Rejecting from the Upper Trend Line #UTL 2. ELLIOT WAVES - Completed " 123 " Impulsive Wave will Follow Sell Trend to Complete its " 4th " Wave Short Time Frame #STF : 1. Selling Divergence in #RSI 2. BULLISH PENNANT and Breakout of Lower Trend...
CADCHF has nicely respected a horizontal support on 1H time frame. I believe that the market may keep growing. Next goal for buyers - 0.7366 resistance. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hello viewers, following situation on CADCHF for some time, expecting to see bullish push. Techncially picture looks bullish. TP1: 0.73800 (60) TP2: 0.74400 (100)
The CADCHF pair gave us a perfect buy 1 month ago after we spotted the RSI Bullish Divergence and the price rebounded strongly on the 1 year Support Zone: Our 1D MA50 (blue trend-line) target was successfully hit and now we see the price struggling to close above it. This continues to print the same sequence as the fractal that helped us spot the Bullish...
Price closed above diagonal trend line, horizontal support resistance line, and pivot point. Entered long position.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. CADCHF is overall bearish trading inside the brown channel, and it is currently approaching the upper brown trendline. Moreover, the zone 0.735 in blue is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the...
Hey traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.729 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Price break important trendline. Buy cadchf RR 1/3. Risk 1% on that trade. Good luck
Technical Analysis Chart Update CAD / CHF ( Canadian Dollar / Swiss Franc ) Time Frame - H2 Bearish Channel in Long Time Frame #LTF Bullish Channel in Short Time Frame #STF Currently Standing at the Demand Zone need Strong Bearish Price Action for Sell Selling Divergence in #RSI " ABC " Correction Done will again Follow Impulsive Waves
Trade Idea: Selling CADCHF Reasoning: Intraday Bullish Flag on CADCHF Entry Level : 0.7246 Take Profit Level: 0.7291 Stop Loss: 0.7225 Risk/Reward: 2.1:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
CADCHF analysis: Due to the formation of a downward trend, it is possible to enter into the transaction by following the capital management at the ceiling of the trend . . price: 0.72400 sl: 0.72900 tp1: 0.71850 tp2: 0.71500 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 10.5.2022
Hey traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.72 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
The CADCHF pair hit for the second time in 7 days the 1 year Support Zone that has been holding since the August 20 2021 Low. This Zone has provided three rebounds in total. At the same time the price is near the bottom of the Channel Down pattern that started after the June 09 High and its 1D RSI is on a similar bullish divergence such as the previous Lower Low...