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Cadchfanalysis

CADCHF looks good for a sell!CADCHF created a resistance at around 0.78000. The pair had a rejection at around the same level in May 2022 and price fell significantly. This time we also see the pair doing the same, we just witnessed a strong rejection at the same level. I expect price to continue declining with short term target at 0.760. For best sell entry, I will wait for the current correction to be completed and if I see a break below the correction I will consider going short on the pair. If you enjoy reading my ideas please be kind to leave a like.
Short
by Forexintelligence_NA
2
SHORTING CADCHF FOR 268 PIPSCadChf has been in a buy zone for sometime but after the ascending triangle for the bullish continuation failed to continue on 10th May at the opening of the London session. Price fell 40 pips of the ascending triangle and failed to break to complete the bullish move. Hence i'm expectinng a rejection of the move to 0.73800. NB: there will be a massive price rejection at 0.74920 forming a possible head and shoulder or double top, still shorting CADCHF. TIPS: SUPPLY ZONE; Box Region (0.77050-0.76776) BREAKOUT ZONE: 0.74900-0.74600 SL: 0.77080 ROI: 1:4.97
Short
by DAdepa
How To Analyze Charts On The Monthly, Weekly, and Daily TFOOH multiple timeframes analysis can be hard for beginner traders. It took me a few years to understand how to pair the right timeframes together and what to plot on my each timeframe to help me find my entry. In this video, I am sharing a trade idea on CADCHF. It's just an idea until I receive my entry, but it can be a good setup if it works well. You'll get to view how I am analyzing the monthly, weekly, and daily timeframe to find my entry price. I pray you have a safe trading week and if you have questions or comments please share them in the comment section below.
Long
by ShaquanLopez
5