Joe Gun2Head Trade - CADCHF stallingTrade Idea: Selling CADCHF
Reasoning: Stalling at a 78.6% Fibonacci level on the 60min
Entry Level: 0.6760
Take Profit Level: 0.6686
Stop Loss: 0.6781
Risk/Reward: 3.3:1
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CADCHF
CAD-CHF Short After The Retest! Sell!
Hello,Traders!
CAD-CHF is going up again
To retest the strong horizontal
Resistance level at 0.6799 area
And I believe after that we
Will see a bearish correction
Towards the rising
Support below
Sell!
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CADCHF: Short Signal with Entry/SL/TP
CADCHF
- Classic bearish pattern
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Sell CADCHF
Entry Level - 0.66899
Stop Loss - 0.67479
Take Profit - 0.66042
Our Risk - 1%
Start protection of your profits from higher levels.
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CADCHF:Potential CAD weakness against Classic safe havensHey Traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.67700 zone, CADCHF is trading in a downtrend and extending pullback seems to be approaching the major trend around 0.677 previous support. fundamentally CHF is still considered a safe haven along with JPY in an environment full of uncertainties and banking sector crisis
CAD/CHF Volume Profile 📊 and Price action analysis 📋On CAD/CHF is nice to see strong sell-off from the price 0.6721 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
CADCHF - 4hrs ( Sell Trade Target Range 150 PIP ) 💲Pair Name : CAD/CHF
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↘️ Short )
Type : Mid Term Swing
———————————
🔰Bearish Reversal
0.67600 Area
Reasons
🔘- Major Turn level
🔘- Visible Range Value
🔘- Fixed Range Lvn
🔘- 3Q / low
🔘- Y / low
🔘- 2Q / low
🔰Bullish Reversal
0.65500 Area
Reasons
🔘- Major Turn level
🔘- Pattern lower band
🔘- Fibo Golden
🔘- ultra High Volume
CADCHF - 4hrs ( Down + 50 PIP / Tp 1 > Full Tp 150 PIP ) Pair Name : CAD/CHF
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Down + 50 PIP.
Target Hit ( 1 )
Account Growth 5 %
CADCHF - 4hrs ( Down + 90 PIP / Tp 2 > Full Tp 150 PIP )Pair Name : CAD/CHF
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Short
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Down + 90 PIP.
Target Hit ( 2 ) Manual
Account Growth 9 %
WAIT FOR A RETRACEMENTWith a Monthly and Weekly bearish trend, the ideal is to go bearish on the lower time frame. And on the 4H there is a supply area the coincides with the 78.6 Fib. With the 3 time frame in sync, if price can come to that area then for me it is a good short position
This is not a financial advice, and make sure to calculate your risk before taking any trade
CADCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADCHF is testing a resistance 🦐CADCHF on the 4h chart after the recent drop tested perfectly the 50% retracement over a weekly resistance.
The price might lose the bullish momentum and we will wait for a potential break of the minor support to look for a short opportunity.
Being Friday it might be risky to open a position.