CADCHF H4 | Bullish breakoutThe price is on an uptrend, it could continue to rise, breaking the buy entry and rise to the take profit level.
Buy entry is at 0.64202 which is an overlap resistance that aligns closely with the 61.8% Fibonacci retracement level.
Stop loss is at 0.63698 which is a level that sits above an overlap support
Take profit is at 0.64877 which is multi-swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CADCHF
CADCHF - Buy side liquidity taken ✅Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: After accumulation phase for the last couple of weeks, price took buy side liquidity. I expect we can see a rejection after filling the imbalance and distribution lower for sell side liquidity
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CADCHF The Target Is DOWN! SELL!
My dear friends,
My technical analysis for CADCHF is below:
The market is trading on 0.374 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.6368
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
⚡️CADCHF CMC TRADING ⚡️ ASCENDING TRIANGLECADCHF has established an ascending triangle pattern, and a bullish breakout is essential to anticipate an upward rally. Confirmation of a breakout above the key level, as determined by the identified triangular pattern, signals the potential for a substantial bullish movement towards the previously established high swing low.
Major Correction Looms for Key CHF Pairs, Big Moves Ahead?I've been keeping an eye on this pair for some time now, especially since it broke down and stayed below the long-term range set after the 2015 crash.
We're now nearing an important point - the 2015 depeg low, which might vary based on your broker. In my experience, Forex.com offers more reliable data, showing a depeg low just under 0.61.
It's pretty interesting to see that all the CHF pairs are shaping up similarly, forming bottoming patterns as they get closer to their respective depeg lows. Even CHFJPY is hitting a significant point at 170.
With everything that's been happening globally, CHF has been a go-to safe haven in recent years. But looking at these pairs, I'm thinking there's a big correction coming soon, with a lot of CHF selling across the board.
Here's my plan for capitalizing on this with this particular pair, as I'm expecting another dip towards the depeg low.
On the daily charts, you can see the price slowly edging down, with a notable drop at the end of last month. This happened during the holiday season, when markets can be a bit erratic, showing spikes due to volatility. (check out the image below)
If you zoom in on the weekly chart, there's a clear falling wedge pattern forming as the market grinds down. Each new low seems to attract buyers, hinting at a potential shift and weariness in selling.
My strategy for this pair is straightforward. I'll be watching my TRFX indicator on the daily charts from now on, building a big position every time the indicator gives me a signal at or below the current price.
My first target is the 0.68 resistance, the previous bottom of the long-term range. I'm expecting a bit of a reaction there, then a push back up into the range, aiming for the top at 0.74.
To confirm this final target, we'd need a strong weekly or monthly close above 0.68.
Given that all these pairs, including the CHF futures chart (image below), are showing similar patterns at key resistance points (depeg high), this could turn out to be one of the best trades of the year. But it's crucial to wait for the right entry signals.
I'll keep you posted as these positions develop. Hope you found this interesting!
CAD/CHF BEARS ARE STRONG HERE|SHORT
Hello,Friends!
It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.635 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
CADCHF: Bullish Reversal Potential - Long Trade Setup📉 Overview:
CADCHF is shifting from a downtrend to sideways movement, signaling a potential bullish reversal. A sharp bullish divergence and a strong 97% bullish market sentiment enhance the likelihood of an upward move.
📊 Technical Analysis:
Transition from downtrend to sideways, coupled with a bullish divergence, sets the stage for a potential bullish reversal.
📈 Market Sentiment:
A robust 97% bullish sentiment supports the potential strength of the upward reversal.
📉 Trade Strategy:
Traders may consider a long trade if the key level at 0.63910 is breached. Entry points near the coming higher lows (HL) or Fibonacci retracement levels like 0.236 or 0.382 are potential considerations.
🛑 Risk Management:
Implementing effective risk management, including appropriate stop-loss orders, is crucial to safeguard capital.
📈 Conclusion:
CADCHF presents a compelling long trade opportunity with bullish signals and strong market sentiment. Monitor the break above 0.63910 and adjust positions based on evolving market conditions.
CADCHF Exhaustion Longer Term LongI've been tracking the selling of this pair for some time and I think it's time for a correction. Yesterday we saw a big sell off presumably to clear out some stops which lead to buyers coming in and an interesting daily candle close. That's just the story but if you're looking for technical evidence it's lining up nicely with the parallel dynamic support/resistance trendlines as a great place for long entries giving good risk reward for those willing to wait it out.
CADCHFCADCHF is trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and getting ready to break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 0.6450 region.
Will the bulls take charge again continue for leg higher?
CADCHF H4 | Bullish breakoutThe price could breakout of the buy entry and rise higher to the take profit level.
Buy entry is at 0.64577 which is a pullback support.
Stop loss is at 0.64268 which is a multi-swing low support.
Take profit is at 0.64915, which is the multi-swing high resistance that aligns with the 78.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
⚡️CADCHF CMC TRADING ⚡️ CHOCH & DEMAND FOR REVERSALCADCHF is currently situated within a major demand zone characterized by the creation of multiple equal lows. A recent observation of a ChoCh pattern is a notable indicator for a potential reversal continuation. Anticipating a rally, our expectations extend towards the recent Order Block (OB) and potentially beyond, targeting the identified Major Supply zone.
CADCHF H4 | Rising to 61.8% Fibo leThe price is on our buy entry and could breakout and rise to take the profit level.
Buy entry is at 0.64574 which is pullback support level.
Stop loss is at 0.64364 the multi-swing low support.
Take profit is at 0.64838 which is the pullback resistance and it aligns with the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
🌟📈 Forex Trading Opportunity: CAD/CHF Analysis 💱🔍🔹 Post Static Level Breakout in Daily Timeframe: Following the breakout of a static level in the daily timeframe and subsequent weakness, there's a possibility of a false breakout with a strong upward movement.
🔹 Entry Trigger on Exiting Consolidation: Exiting the specified consolidation zone can be considered as an entry trigger.
🔹 Potential Downward Movement: The likelihood of a downward movement in line with the primary market trend remains high. This analysis can be used to enter the market in higher timeframes or after direction clarification in lower timeframes, according to your strategy.
🔑 Related Categories:
Breakout Analysis
Consolidation and Trigger Points
Market Entry Strategies
How are you approaching the CAD/CHF pair? What’s your strategy for entering this market? Share your views and tactics! 💬🌐
#ForexTrading #CADCHF #MarketAnalysis
📚 Remember: Forex trading involves significant risks. Stay informed and always align your trades with your personal trading strategy and risk management rules! 🧠💼
CADCHF LONG TERM Buying TRADEHello Traders
In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET
today CADCHF analysis 👆
🟢This Chart includes_ (CADCHF market update)
🟢What is The Next Opportunity on CADCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
⚡️CADCHF CMC TRADING ⚡️Having recently identified a Breakout Structure (BoS), we are presently anticipating the price to acquire liquidity in proximity to the identified Order Block (OB). Concurrently, we await the price to fill the Former Value Gap (FVG) that has been formed. Notably, there is a discernible reversal pattern at the summit, indicating a probable retest of the previously identified Order Block, which is closely associated with the 4-hour OB. Upon the price revisiting this level, an expected trend reversal is anticipated to sustain the bullish momentum.
CADCHF - W1\D1CADCHF
W1 - The price may push off from the level, a potential rebound to the values of 0.68343; for a confident entry to these targets, it is better to wait for the level to be fixed at D1.
D1 - The price is behind the trend line, a 3-wave structure has been formed, the price has not reached level 161 and the 5th wave has been formed, which can give an impetus to the nearest goals, we can consider entering from the current levels.
What can you expect?
You can consider entering from the level of 0.64882 with further movement to the target 0.66276. Cancellation of the idea so as not to take increased risk on the idea levels beyond the end of the 1st wave on D1 - 0.64032
Locally - Long
Target 0.65067 - 0.65434 - 0.65765 - 0.66276
Long term - Long
Target 0.65428 - 0.66205 - 0.67295 - 0.68343
CADCHF LONG ENTRYIn the context of CAD/CHF, the essential Fair Value Gap (FVG) has been filled following the identification of a Change of Character (ChoCh). The predetermined Order Block (OB) indicates a bullish sentiment, evident as the price revisited and showed strength around the highlighted levels. Expectations are for the price to persist in its rally toward the next formed swing high, thereby completing the external structural order flow.