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Cadchfanalysis

CADCHF - Perhaps another leg higher?CADCHF - Perhaps another leg higher? CADCHF Checking higher timeframes at key support of weekly, monthly and daily we've got range breaking out, further upside could take us towards 0.70500 areas. However, keep in mind if we go back within this range I'd be re-thinking core long on CADCHF We had CPI came in as estimate, it wasn't a major move we headed to the direction we are heading in all markets, dxy heads lower etc. The trend is your friend, until it's broken. Great traders I network with via twitter gave me amazing advice, a great trader and personally a mentor to me stated "Never met a legit millionaire who is out there bringing people down" . And it's true, every successful trader I've surrounded myself with are open to discuss market moves, psychology aspects and they aren't selling scams via a telegram, not become a social media guru to gain lot of followers. The right traders they helping trading communities grow in a correct manner. Have a great weekend, Trade Journal
by Trade_Journal
1
CADCHF (LONG) 🔥🔥🔥ENTRY OPPORTUNITY Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Long
by Thewest-sidetrader
The CADCHF awaits the negative momentum – AnalysisThe CADCHF pair touched 0.6780 level to form intraday obstacle against the negative trades, to notice forming temporary correctional rebound and test the additional barrier at 0.6890. We assure the importance of gathering the additional negative momentum to manage to renew the bearish attempts and repeat the pressure on 0.6780 level, while achieving the required break will push the price to reach the additional negative stations at 0.6740 and 0.6670. The expected trading range for today is between 0.6870 and 0.6740 The expected trend for today: Bearish
Short
by eltonmorningstar
1
20 reason for Sell CADCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑 1 🧐Eagle eye: Canadian Doller always the weakest Currency Against CHF According to available Data, so Most Of the time, it Was bearish .for now, The impulse move is also intact, so the big picture is bearish 2 👌Monthly: the trend is established as bearish, and this time, an impulsive action is in full power by formatting higher low 3 👌Weekly: A solid and clear downtrend with a sudden leg near the target 4 👌Daily After a contra correction, Impulsive Move is about to start 😇7 Dimension analysis 🟢 analysis time frame: Daily D1 5: 1 Price Structure: Bearish 6: 2 Pattern Candle Chart: Keyreversal after a slight correction 7: 3 Volume: Not an ideal, but it is near the target 8: 4 Momentum UNCONVENTIONAL Rsi: in a super bearish zone below 40 levels after a resistance as a range shift after a long bearish to sideways phase 9: 5 Volatility measure Bollinger bands: in bearish range forming w pattern middle impulse leg 10: 6 Strength ADX: strengthen as bear DMi and also mainline in favor of bear 11: 7 Sentiment ROC: Not so much difference, but we know Chf is always Stronger Then CAD ✔️ Entry Time Frame: H4 12: 1 Entry TF Structure: Bearish 13: 2 entry move: Impulse 14: 3 Support resistance base: resistance at the H4 Supply zone 15: 4 FIB: trigger event Done ☑️ final comments: Sell at Opening 16: 1 decision: Sell 17: 2 Entry: 0.7059 18: 3 Stop losel: 0.7102 19: 4 Take profit: 0.6922 20:5 Risk to reward Ratio:1:5 🕛 Excepted Duration: 10 days
Short
by Optimum369
1
20 REason For sell CADCHF 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: extremely BEAR AND CURRENT MOVE IS ALSO IMPULSE Monthly: JUST BREAKING 20 MONTH STRUCTURE weekly: ESTABLISH DOWN TREND 1 Structure analysis time frame: DAILY BEAR BLUDUP AFTER BREAKOUT BEAR 2 target time frame: DAILY 3 Current Move: IMPULSE 4 Entry Time Frame: H1 4.1 Entry TF Structure: BEAR 4.2 entry move: IMPULSE 5 Support resistance base: H4 FVG 6 FIB: SHALLOW MOVE 7 candle Pattern: CHANGE IN GUARD / KEY REVERSAL / INSIDE BAR REVERSAL 8 Chart Pattern: fALLING BASE 9 Volume: Heavy volume at starting to date 10 Momentum UNCONVENTIONAL Rsi: SUPER BARISH WITH LOUD MOVES 11 Volatility measure Bollinger bands: Possible double bottom or volatility divergence 12 strength ADX: Strong bull 13 Sentiment ROC: CAD is weaker than CHF 14 final comments sell right now : 15: decision: Sell 16 Entry: 0.7053 17 Stop losel: 0.7066 18 Take profit: 0.7010 19 Risk to reward Ratio: 1:5 Excepted Duration: 1 day
Short
by Optimum369
1
CADCHF SHORTAs we can see with the last trades NFP price has not created explosive moves on USD pairs until Monday and Tuesday this week. As far as this pair the CadChf has showed exhausted bulls. Price had a 0.78131 high back in May this year but the trend wasn't established until price decided not to break that high coming short of the high making a lower high at 0.77980 which means we have been in a downtrend with slight pullbacks until late September price had broken out of the trend line making a correction which seems to come to an end as of now
Short
by hollowbanks412