Cadchfanalysis
CADCHF LongCADCHF is seeing the Daily and Weekly chart respecting discount bullish fair value gaps.
As price has rebalanced the BISI's and is rejecting from them, I anticipate to now trade up to external range liquidity (old swing high's on Weekly/Daily Chart).
I want to see H1 discount levels be respected and H1 premium levels disrespected to look for m5/m15 bullish displacement entry.
As of right now, h1 is pulling back and I am waiting for the respect/disrespect to shift in the direction of this trade idea.
CADCHF Technical Analysis and Trade IdeaThe CADCHF has been on an upswing lately, reaching a critical resistance level. This is indicated by higher highs and higher lows on the daily and 4-hour charts. We are looking for a pullback to the 61.8% Fibonacci level as a potential entry point for a long trade. However, it is important to remember that this is just speculation and should not be considered financial advice.
CADCHF Trading Plan - 07/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Down from these levels.
Potential B wave of bigger correction is almost completed.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
CAD/CHF +65 Pips 0 Drawdown , New 2 Entries Valid Soon !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADCHF BUY
📈 Market Analysis - Buy Opportunity
🔍 CADCHF Analysis:
CADCHF is currently rebounding from the lower low area of the downtrend line on the daily timeframe chart. Additionally, in the 4-hour timeframe, CADCHF has successfully broken above the top (lower high) area of the descending channel.
📉 Expectations:
Anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is grounded in a blend of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: If the trade does NOT surpass our entry-level (GREEN LINE ON THE CHART), Do not enter the trade.
2️⃣ Rule 2: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
3️⃣ Rule 3: After reaching Target 1, avoid placing new trades based on the same signal/alert.
4️⃣ Rule 4: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
📈 Happy Trading! 🌐💹
CAD/CHF Ready For Buy To Get 200 Pips At Least 🔥This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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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7 Dimension Analysis For CADCHF🕛 TOPDOWN - Bearish Continuation Setup for CAD/CHF
Overview: The monthly and weekly analyses signal a bearish trend, validated by a series of bearish breakouts and consolidations. The focus is now on the daily timeframe for a detailed perspective.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish - 68% probability of further downward movement.
🟢 Structure Behavior: Break of Structure (BoS).
🟢 Swing Move: Impulsive.
🟢 Inducement: Breakout with liquidity sweep indicating continued bearish momentum.
🟢 Pull Back 1st: Awaiting confirmation, position holding is crucial.
🟢 Internal Structure: Bearish.
🟢 Ext OB: Unmitigated.
🟢 Support Breakout CIP: Acts as resistance.
🟢 Post-Breakout Quality: Clearly favors bears, evident in small consolidation with bearish candle size and multiple wicks.
🟢 Traps: Shakeout observed, indicating bearish sentiment.
🟢 Time Frame Confluence: Daily.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal: Head and shoulders, double top.
Continuation: Bearish flag with a 38% tilt, shakeout continuation with flag consolidation.
Consolidation Rectangle: Small consolidation with shakeout liquidity.
🟢 CANDLE PATTERNS
Key Considerations:
Record session count with multiple dojis signals change in guard.
Long wick bearish closing indicates rejection from multiple wicks and doji area.
Momentum signals include strict engulfing.
3️⃣ Volume:
🟢 High volume on the breakout confirms its validity.
4️⃣ Momentum RSI:
🟢 Momentum is in a super bearish zone.
🟢 Range shift is evident with proper bearish indications.
🟢 Divergence: Hidden bearish divergence observed at the start of the move.
🟢 Loud moves: Momentum shifted from sideways to bearish with a loud move.
🟢 Grandfather-father-son entries indicate a strong bearish setup.
5️⃣ Volatility Bollinger Bands:
🟢 Middle band rejection at the middle band.
🟢 Squeeze starting indicates potential consolidation for volatility compression, followed by a wild bearish move.
6️⃣ Strength According to ROC:
🟢 ROC values: CAD 0.37 vs CHF 1.31, indicating CHF is much stronger.
7️⃣ Sentiment: All market parameters and top-down analysis indicate that CAD is under substantial pressure against CHF. The sentiment suggests looking for sell opportunities.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Bearish
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Bearish post buildup.
☑️ Candles Behavior: Bearish long wicks, bearish momentum.
💡 Decision: Sell at open.
🚀 Entry: 0.6443
✋ Stop Loss: 0.6505
🎯 Take Profit: 0.6118
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:4.5
🕛 Expected Duration: 30 days
SUMMARY: The analysis strongly supports a bearish continuation setup, aligning with the monthly and weekly bearish trends. Key indicators such as candle patterns, volume considerations, and momentum signals reinforce the sell decision. The strategy involves clear risk management and exit criteria.
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!
🌟📈 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 - 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: it can be a huge swing trade!Happy Weekend Traders!
CADCHF have been accumulating since long time now, price have shown some bullish behaviour and we expect price to rise from this moment. Wait for the price to drop a bit and enter when it falls between our zone.
thanks for your support as always!
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 Trading Plan - 04/Dec/2023Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Up after finishing the correction.
Look for your BUY setups.
NOTE: Many of my earlier posts have been hidden by TradingView due to some house rule violation. They informed it after 6 months of me using the watermark for my company name.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
✈️CADCHF can go UP by Falling Wedge Pattern✈️🔄 CADCHF re-entered the 🟢 Support zone(0.648CHF-0.645CHF) 🟢 after experiencing a 🐻 Bear Trap 🐻.
💡Also, CADCHF seems to have succeeded in forming a Falling Wedge Pattern , so the upper line of this pattern was broken hours ago.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect CADCHF to GO UP in the coming days and may rise to 🔴 Resistance zones 🔴.
Canadian Dollar/Swiss Franc Analyze ( CADCHF) 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will be glad to see your ideas in this post.
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CADCHF - W1\D1CADCHF
W1 - The price may push off from the level, a potential rebound to the values of 0.68343
D1 - The price is behind the trend line, a potential retest is now forming (which forms a potentially 3-wave structure) and continuation of the upward movement from the strong level at W1.
What can you expect?
You can consider entering from the level of 0.64882 with further movement to the target 0.65870. Cancellation of the idea so as not to take increased risk on the idea levels beyond the end of the 1st wave on D1 - 0.64169
Short term
Short
Targets 0.64984 - 0.65269 - 0.65491 - 0.65870
Long term
Short
Targets 0.65243 - 0.66205 - 0.67295 - 0.68343