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Cadchfanalysis

CADCHF Technical Analysis and Trade IdeaIn this detailed video analysis, we thoroughly examine CADCHF dynamics. We can see that CADCHF has been under significant downward pressure lately, causing it to move towards an important support level. The chart clearly shows a long price drop, suggesting a potential rebound. Our discussion covers essential aspects of technical analysis, including looking at current trends, closely studying price movements, assessing market structure, and exploring other key elements of technical analysis. Throughout the video, we explain these concepts in a straightforward manner to ensure our viewers have a comprehensive and enlightening learning experience. It's important to note that this video is meant for educational purposes only. Please don't consider it as financial advice. Remember that trading comes with inherent risks, so always prioritize responsible risk management in your trading activities.
Short
by fxtraderanthony
CADCHF - D1CADCHF D1 - After without a corrective upward movement, the price was able to correct about 40% (of the impulse), it is impossible to say whether the correction is complete. If the level of 0.67310 is broken, you can consider buying with a further upward movement to the targets of 0.68316 What can you expect? Breaking through the level of 0.67310 and continuing upward movement. Cancellation of the movement, the price will return to the level of 0.67024. Targets 0.67666 - 0.68017 - 0.68534
Long
by Trade_Hive_Signals
CADCHF LONG TERM SELLING 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
Long
by ForexPlanet20
CadChf- A bottom could be in placeSince the double top back in May 2022, the CadChf pair has traded in a clear and nice downtrend. However, although the pair is still under the falling trend line, the pair hasn't made a significant new low after the May one, and for a month now it has been stuck around 0.65. A reversal could be next for this pair and, considering a target at the recent 0.68 high, a nice 1:3 risk: reward could be achieved. Keep in mind is a very slow pair!
Long
by Mihai_Iacob
13
CADCHF - Short from daily order block ✅Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: Here we are in a bearish market structure from weekly perspective, so I am looking for short. I want price to continue to go a little bit higher to fill the imbalance and to take buy side liquidity and then to reject from daily bearish order block + institutional big figure 0.69000. Fundamental analysis: On Friday will be released monthly GDP in Canada, if the result is negative, it will support our analysis. Like, comment and subscribe to be in touch with my content
Short
by Snick3rSD
CADCHF -- Next Swing Down CAD CHF pair has been in a downtrend for some time now (since June 0f 2022). We all know to 'go with the flow' when it comes with following the general trend. In this case, the pair might be ready for another move down. This would be the fourth hit on the trendline, and at previous resistance during its month long range. As always, we'll wait and see either a good bearish candle down to enter short, or a break above to enter long -- KISS
Short
by WolfBladeTrading
1
CADCHF I Potential short from resistance Welcome back! Let me know your thoughts in the comments! ** CADCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
1
CADCHF traders look for Buy Opportunities {21/08/2023}Educational Analysis says CADCHF may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why Short? Because CADCHF price is at that place level where got demand thrice by traders. Although this pair has proved that, It's Changing its character and Also traders now looking for an uptrend from this level, and eventually will prove that the Market structure shift and eventually led to a Break of Structure. Analytical Trade would probably be Buy order at 0.65011 Stop loss at 0.64854 Take profit at 0.67815 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Long
by VishalBudhrani
2
7 Dimension Bullish Setup For CADCHFTitle: Exploring Bullish Opportunities through Comprehensive Analysis 🕛 TOPDOWN Analysis - Position and Swing Entry 😇 7 Dimension Analysis - Reversal Entry Time Frame: Hourly 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: The Choch formation indicates that the deep correction move is almost concluded. 🟢 Swing Move: An internally impulsive move is initiating, supported by proper inducement and a completed choch. 🟢 Inducement: Successfully executed. 🟢 Pullback: The first pullback is complete, and a move above is anticipated. Extremal Order Block has been mitigated, validating a low. Time Frame Confluence: Strong areas across Daily, Weekly, Monthly, and Yearly. 🟢 Internal Structure: Bullish choch is confirmed, indicating readiness for a buy setup. 🟢 Trendline Breakout: Initial signal for entry or exit. Hourly trendline has been broken, and resistance breakout is in progress. 🟢 Chart Patterns: Reversal A Head and Shoulders pattern has formed, with the neckline broken and retested. A Bullish Flag has evolved, characterized by a "volume pole," low volume body, volume breakout, 5 to 7 bars, tilt, BO enter, and 38% correction (volatile bear flag is strong). An Ascending Triangle has also broken out on the bullish side. 🟢 Candle Patterns: 👍 Relevance at Bottom: Strong demand area. 👍 Climax Players: Notable appearance at the right bottom, accompanied by a surge in volume, signaling a strong bullish reversal. 👍 Transformation: Color, size, and frequency shift from bearish to bullish candles. Long Wick: Lower side wick indicates active bulls. Doji: Less significant due to the young trend. Momentum: Strict bearish engulfing without follow-up indicates an absence of sellers. Inside Bar: Narrow Range 7 signifies a bullish breakout. Blended Combo: 2/3 candle setup suggests a robust bullish configuration. 3️⃣ Volume: Significant volumes observed before the move ends, particularly noteworthy at the demand area where the price reversed. No volume during internal correction, followed by a surge in volume during the impulsive bull move. Healthy volume dynamics during the entire cycle. 4️⃣ Momentum RSI: 🟢 Zone: Bullish Sideways. 🟢 Range Shift: Transition from Bearish to Sideways. 🟢 Divergence: Regular 5-candle divergence at the bottom before the move signals momentum strength. 🟢 Momentum Shift: Loud move signals a shift in momentum, indicating reduced bearish sentiment. 🟢 Oversold Rejection: Previous low rejection strengthens the entry signal. 5️⃣ Volatility Bollinger Bands: 🟢 Middle Band: Serves as confirmation. 🟢 Squeeze: Indicates impending volatility. 🟢 Squeeze Breakout, Outside Upper Band: Expected and could offer an additional entry opportunity. 🟢 Walking on the Band: Awaiting confirmation. 🟢 W Pattern: Completed, with body area as a short-term target. 🟢 Dual Band Derivation: Supported. 6️⃣ Strength ADX: Bulls are asserting control and gaining strength at this juncture. 7️⃣ Sentiment ROC: Rate of Change isn't in favor, but other factors support bullish potential. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Internal Bullish. ☑️ Current Move: Impulsive Swing and Internal, both portraying bullish trends. ✔ Support Resistance Base: Middle band and CIP (Change in Polarity). ☑️ Candles Behavior: Inside bars, bullish momentum. ☑️ Trendline Breakout: Confirmed. ☑️ Final Comments: Consider entering right now. 💡 Decision: Buy 🚀 Entry: Approximately 0.6541 ✋ Initial Stop Loss: Placed at 0.6472 🎯 Take Profit: Initial target at 0.6833, with additional targets at 0.7066 and 0.7272. Secondary exits based on changes in internal structure, trendline breakout, and potential FOMO action. 😊 Risk to Reward Ratio: 1:10 🕛 Expected Duration: 90 days SUMMARY: This comprehensive analysis delves into potential bullish opportunities based on a reversal entry approach. The swing structure, accompanied by choch and inducement, suggests a bullish bias. Chart patterns, candlestick formations, volume dynamics, momentum indicators, and Bollinger Bands are all considered. Key entry points, stop-loss strategy, take-profit levels, and expected duration are defined. This trade proposition showcases a substantial risk-to-reward ratio of 1:10.
Long
by Optimum369
1
7 Dimension Analysis for CADCHF OVERVIEW: Potential Reversal Zone Identified as Price Holds Strong Support Levels 😇7 Dimension Analysis Analysis Time Frame: Daily 1: Price Structure: The current price structure shows bullish potential as the market is in a corrective phase. An inducement has already taken place with liquidity swept internally. The market has experienced 5 pullbacks, indicating a possible deep correction or reversal. The 1st order block (OB) remains unmitigated, and the extreme OB is also unmitigated. Demand zones on the yearly, monthly, weekly, and daily time frames create a strong confluence area, signaling a potential reversal zone. 2: Patterns: 🟢TREND LINES: Trend lines are still working as resistance or initial profit target zones. 🟢CHART PATTERNS: A double bottom pattern provides proper support. A fake-out is possible, but further confirmation is needed. A V-shaped swing indicates strong demand in the area, as the market rapidly swings upwards. 🟢CANDLE PATTERNS: Shrinking candles are forming near the support area. A hammer and doji candle appear near the support, indicating potential bullish reversal signals. A record session count of 10 consecutive bearish candles. A momentum (engulfing) candle follows a low, indicating strong bullish momentum. The last bearish candle closes as an inside bar, suggesting that bulls still have power. 3: Volume: Volume near the support area is heavy but unable to break it. Volume during the rally is relatively low, but a massive volume comes near the support, indicating profit booking. 4: Momentum UNCONVENTIONAL Rsi: 🟢The Unconventional RSI is in a super bearish zone and encounters resistance at the 40 level. 🟢A range shift from sideways to bearish is observed. 🟢Regular bullish divergence from the last low to the current low. 🟢Three overbought rejections signify a potential bull reversal. 5: Volatility measure Bollinger bands: 🟢A squeeze breakout has occurred outside the lower band and is completed. 🟢Walking on the band move is observed, indicating bullish momentum. 6: Strength ADX: Bears are currently in power. 7: Sentiment ROC: The rate of change for CAD is stronger than CHF based on current value. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bullish Choch ☑️ Entry Move: Impulsive ✔ Support Resistance Base: Extreme Support on H1 ➕ FIB Trigger Event: Not Activated yet ↕️ Trend Line Breakout: Draw an upside trend line and wait for breakout. ☑️ Final Comments: Consider buying. 💡 Decision: Buy. 🚀 Entry: 0.6540 ✋ Stop Loss: 0.6471 🎯 Take Profit: 0.7295 😊 Risk to Reward Ratio: 1:11 🕛 Expected Duration: 60 days.
Long
by Optimum369