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Cad-chf

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
⭕️SELL CADCHF :It's time to sell🧐⭕️You see the analysis of the Canadian dollar to the Swiss franc in four hours(CADCHF , H4)🔎 🔰As it is clear in the analysis, the price has been neutralized in a certain range, and the support and resistance ranges have been marked in purple.🧐 The expected price movement is marked by a yellow line and the profit and loss limits are also indicated in the image.❗️ I have set the profit margin in the range of the white trend line and the orange support line.👌🏻 ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 _________________________📈TRADER STREET📉_____________________________
Short
by TRADER_STREET
1
CADCHF potential for further bearish momentum! | 4th March 2022Prices are consolidating in a triangle pattern. We see the potential for further bearish continuation from our sell entry at 0.72378 in line with 38.2% Fibonacci retracement towards our Take Profit at 0.72. MacD is supporting our bearish bias with its crossover. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
💡Don't miss the great sell opportunity in CADCHFTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.72093). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 0.71859 TP2= @ 0.71687 TP3= @ 0.71479 TP4= @ 0.71284 TP5= @ 0.71020 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
4
💡Don't miss the great sell opportunity in CADCHFTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.72093). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 0.71859 TP2= @ 0.71687 TP3= @ 0.71479 TP4= @ 0.71284 TP5= @ 0.71020 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
2
CADCHF is on bearish momentum! | 16th FebPrices are on bearish momentum and abiding to a descending trendline. We see the potential for a dip from our sell entry at 0.72851 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension towards our Take profit at 0.72512 in line with 61.8% Fibonacci retracement. RSI is on bearish momentum and prices are trading below our Ichimoku cloud resistance, further supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet