Get started

Cadchfanalysis

CADCHF | Good Opportunity to sell.When it comes to CADCHF technical analysis , this currency pair is right now in a downtrend. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofprofile
CADCHF FOR A BULLISH REVERSAL?Price is in a downtrend on the hourly timeframe, as lower highs and lower lows are being printed. However, recent price action tells us that we might see a short term reversal. Price is testing a key resistance level at 0.72350, after a possible higher low has been formed. Before taking long positions, price needs to break above the level with a clear impulse, and then on the pullback shows signs of a continuation. We do not want to get caught against the trend, so patience is needed to see this trade play out.
Long
by Men_of_The_Markets
CADCHF clear bearish price action Hi Traders, CADCHF is consolidating within a bearish continuation correction which with the Global events occurring I suspect CHF to gain strength. Price action clearly shows sharp impulses after the corrections complete and with the Russia and Ukraine tension happening, we may expect another impulse move downward. Always wait for confirmation before taking your trade. Follow your trading plan! Good luck! Comment below and share your view on this pair! Support more of these by clicking the like button if this has helped you!
Short
by ktlfx
CAD/CHF: more Bearish continuationHello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the asset , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies. Monthly timeframe: Weekly timeframe: Daily timeframe: 4 hours timeframe: The market is currently following a descending channel and as you can see on the chart, at the beginning of this channel, the most trading activity was on the higher part, clue that the buyers were still trying to push the price up. Recently the view is changed, in fact sellers now seem to be very aggressive, just look how quickly they reject the price! When, where and why would I step into the market? Considering the recent trading activity on the lower part of this dynamic value area, I will be only looking for sell positions. I will patiently wait a price retracement back to the higher value of the channel and only in that moment (if it will happen), I will be looking for a bearish price action and a good entry point with a RRR of 1:2 or greater. My SL would be above the channel and my first TP around the middle line. If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Short
by UnknownUnicorn18552923
21
CADCHF - LONGIs CADCHF set up to go LONG? First we look at the Monthly and we see a 10 year trend connecting tops was broken in 2017 and the market has been ranging since 2014. We are now in the middle of that range. We see the low in Jan 2016 was surpassed in March 2020 when Covid 19 broke out, symbolically hunting out the stops and taking out the early buyers. The weekly/daily shows us that the market created a smaller range in April 2021 and doubled the range in August. We are now at the bottom of the range. We can also see the market has currently retraced between the 382 and 50% of the current swing. Price action shows a failure to make new lows. If we take a trend-based fib extension (A-B-C-D pattern) from the low in Mar 2020 to the top of that swing Mar 2021 and back to the low in Aug we have a projected target at 0.80 - see green box. Somewhere in this zone we can look for the long. Do you wait for the market to dip a little more to a 1.272 or 618 ext on the daily? Does the alignment of the 618 ext and the 50% retracement of the latest swing provide more supplementation to our perception of the market? Do we take the long now and not wait for an extension? If so, our stop will need to be below the 618/50% and possibly the 2. Is that too big a stop? I can't tell you exactly when to go but from our analysis I can say we are in the buy zone and we are always looking for optimal entry with a small stop. Yes we would love the price to hit the 618 and show a buying tail but it may not get there. All we can do is stack the odds on 'our side'.
Long
by enzenator