CAD/CHF Long CAD / CHF is a pretty safe trade. This pair has two solutions, or they will go down to the trend, so they will be long from then, or they will deliberately go down to the dip as much as possible in order to buy it at the lowest possible price. According to the monthly and weekly shows, this pair should goes long.
Cadchfanalysis
CAD/CHF 4H👋 Hello and welcome traders
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CADCHF: Triangle patternThe Darkest hour is that before the down, the great hope and light which always draws you towards itself. In Elliott wave analysis, these sparkling lights are the patterns, and when we encounter a pattern, we can build the whole path. What we have learned in Elliott's rules is the importance of the patterns, the most valued of these patterns are Diagonal and Triangle, which we can determine the direction of the movement according to their position.
In the case of this currency, a Triangular pattern is being formed and we know that this pattern can be formed in wave B or 4. For this reason, and considering the history of the chart, we can consider this wave as the 4th wave, which will start the uptrend in wave 5 after the downtrend.
CADCHF Short SetupHello everyone, if you like the idea, do not forget to support with a like and follow.
As we can see Market structure for FX:CADCHF Has been Bullish
If Market fails to create a new High, this could be an opportunity to a sell
Wait for Confirmation, wait for rejection at Key zone
Best Of Luck
CADCHF uptrend setupprice direction: UPTREND
potential target price 1: 0.6999
potential target price 2: 0.7017
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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CADCHF | Perspective for the new weekThe impact of Sellers in February 2020 (Bearish Impulse leg that lasted a month on the weekly chart - ) appears to be too strong for the Buyers to gain that confidence needed to invest in the CAD. With the present Head and Shoulder look alike, I shall be patiently looking out for a significant Breakdown of Neckline and Support level @ 0.69300 to hop in the decline.
Tendency: Downtrend ( Bearish )
Structure: Channel | H & S| Supply & Demand
Observation: i. Despite having a Bullish structure, the CAD$0.0.69800 level has been a very stronghold for Sellers since mid-October 2020.
ii. Bullish move from CAD$0.69400 (Support level) continue to be rejected @ CAD$0.69800 hence making it a major level for Supply.
iii. With the present character in the market, the Breakout of CAD$0.698000 on the 9th of Nov. 2020 appears to be false as the price continues to experience weak Bullish momentum springing from the Bullish Trendline.
iv. This been said, CAD$0.69300 level becomes a level to watch out for significant breakdown for confirmation this week.
v. It is also worthy to note here that a significant Breakout of CAD$0.70000 level this week might render this setup invalid and an immediate shift to a rally continuation shall be activated.
Trading plan: SELL confirmation with a minimum potential profit of 100 pips.
Risk/Reward: 1:3
Potential Duration: 1 to 5 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CAD/CHF: Day-Swingtrade-ExecutionHi traders community!
Welcome to my new free signal!
CAD/CHF: Day-Swingtrade-Execution
Market-Buy-Order: 0,6960
Stop-Loss: 0,6920
Target 1: 0,69950
Target 2: 0,70400
Stop-Loss: 40 pips
Risk: 0,5% -1%
Risk-Reward: 2,0
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CAD/CHF BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
CAD/CHF: Daytrade-Preparation
Market-Buy: 0,69630
Stop-Loss: 0,69430
Target 1: 0,69820
Target 2: 0,70000
Target 3: 0,70170
Stop-Loss: 19 pips
Risk: 0,5%
Risk-Reward: 2,80
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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CADCHF: Rejection From The Ichi Cloud...BEARISH Movement!!As price level move closer to the resistance line @0.6998, I will be see BEARISH pressure building for this pair. Currently, we can see price moving in the ichi cloud where a rejection from there could give us a nice BEARISH signal to the downside. I will be targeting the 1.618 price level which is also a strong support level @0.6916 price level. This will be a short term trade opportunity.
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