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Cad-chf

CAD/CHF : DOWNTREND | TECHNICAL ANALYSIS | SHORT SCENARIO 🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis ! Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools. Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE! Feel free to request any pair/instrument analysis or ask any questions in the comment section below. If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Have a Good Take Day_Profits !
Short
by DAY_PROFITS
💡Don't miss the great sell opportunity in CADCHFTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7795). 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 a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 0.7711 TP2= @ 0.7661 TP3= @ 0.7617 TP4= @ 0.7564 TP5= @ 0.7470 TP6= @ 0.7365 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
💡Don't miss the great sell opportunity in CADCHFTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7795). 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 a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 0.7711 TP2= @ 0.7661 TP3= @ 0.7617 TP4= @ 0.7564 TP5= @ 0.7470 TP6= @ 0.7365 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
13
CADCHF: Buy the Pullback-INTRODUCTION- Two weeks ago, CADCHF has reached a new higher high at 0.7800 level. As we forecasted in our previous CADCHF analysis, we expected the price to retrace and retest the support level of 0.7500, which is also the previous resistance level that was tested multiple times. The price nicely retraced and formed an ascending triangle pattern at the 0.7500 level. The price recently broke above the pattern; therefore, we have entered our buy limit orders. Buy Limit Order: @ 0.75180 SL: 0.74450 1st Target Area: 0.75950 2nd target: 0.7680 3rd target: 0.7800 1% risk The previous high at the 0.7800 level is a new high since 2019. Thus, the price should have another retest of the level. Check out our previous CADCHF thought process and other similar trading ideas below :)
Long
by NicoBeau_Capital
CADCHF: A Pullback Trading Opportunity-INTRODUCTION- Last week, CADCHF has reached a new higher high at 0.7800 level. As we forecasted in our previous CADCHF analysis, we expected the price to retrace and retest the support level of 0.7500, which is also the previous resistance level that was tested multiple times. The price nicely retraced and now we will look for a consolidation pattern and a breakout to enter buy positions. -TRADING PLAN- We will observe for a consolidation/reversal pattern in the lower time frame (1 hour chart) at the 0.7500 support level. After a clear breakout from the pattern, we will then place our buy orders at the neckline level to capture the retest. We expect at least one more retest of the recent high at 0.7800 level (300 pips above). Check out our recent CADCHF and other similar pullback trading ideas below :)
Long
by NicoBeau_Capital
CADCHF: Buy the Pullback-INTRODUCTION- This week, CADCHF has reached a new high at 0.7800 level. Currently, the price is retracing, which could give us a great pullback buying opportunity. -TRADING PLAN- Our area of interest is at the previous resistance level of 0.7500, which is two support levels down from the previous high. From that area, we will watch for a consolidation/reversal pattern and then enter buy positions targeting the previous high. Check out our previous pullback strategies below :)
Long
by NicoBeau_Capital
CADCHF Long-term sell opportunityThe CADCHF pair has been trading within a long-term Channel Up ever since the aftermath of the 2020 COVID market crash. It is currently approaching the Higher Highs (top) trend-line of this Channel and has started to turn into a sell opportunity long-term in our book. At the same time, the RSI on the 1D time-frame is forming the same peak pattern that led to the previous Higher High on April 01 2021. Either now or a little higher closer to 0.78000, CADCHF is a sell opportunity for us. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
4