Cadchfdaily
CADCHF Strong SHORT 📉What I see in this pair is quite nice and as clear as possible, as you see in the chart,
Blue area you see just above the price is strong supply which price reacted to it perfectly, you can see they pushed price lower and lower after reaching to its strong supply,
Price were moving in strong uptrend channel , which 2 weeks ago that channel were broken to down, now we reached again broken point of channel , we consider it as a strong resistance. if price break this resistance we see it higher and higher, but for now we have all confirmations for sell as long as price is bellow 0.7380 ,
we have strong support just bellow price we use them as our 1st and 2nd TP .
Any more info Comment or DM
as always more than welcome to answer your questions
1:4 R:R LOVELY 👌🏻✅
GOODLUCK Everyone!!!
FxShzd ✅📈📉✅
CAD/CHF Multi-Timeframe analysisHi Traders
CAD/CHF Multi-Timeframe analysis
H1 CHART ( BULLISH )
A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario.
Support & Resistances
0.70789 0.71094
0.70455 0.71331
0.70165 0.71621
H4 CHART ( BULLISH )
A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario.
Support & Resistances
0.70789 0.71094
0.70455 0.71331
0.70293 0.71621
DAILY CHART ( BULLISH )
A medium probability, entry signal to go LONG was given at 0.70611 after the market broke the resistance level at 0.70611 .
Support & Resistances
0.70224 0.70550
0.69035 0.71444
0.68610 0.72959
WEEKLY CHART ( BULLISH )
Waiting for a retracement lower towards the 0.70070 support level, in order to reinstate LONG positions. Next important support is the 0.68165 level.
Support & Resistances
0.70070 0.71194
0.68165 0.72008
0.67449 0.72512
CAD/CHF Possible Long FormingHi Traders
CAD/CHF Signal (4H Timeframe)
A medium to high probability, entry to go LONG is forming @ 0.70607 after the market found support @ 0.69993. Only the downward break of 0.69993 would cancel this bullish scenario.
Trade details:
Entry: 0.70607
Stop loss: 0.69993
Take profit 1: 0.70969
Take profit 2: 0.71583
Take profit 3: 0.72584
Score: 8
Strategy: Bullish Breakout
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.
SHIFT IN MOMENTUM ON CADCHF : BEARISH Hi Guys,
Happy Friday! We are evidently bearish on CADCHF so longs have been closed at -46pips. I'll be looking for price to retrace at least to our entry point before potentially advancing lower.
A major attribute you ought to adopt is the ability to trade what you see and not what you think. The market will speak clearly only if you are willing to listen.
Do not risk more than 2%
FURTHER BULLISH MOMENTUM ON CADCHF I previously marked up this pair stating bearish potential However, price did not meet our entry criteria instead it rallied bullish. Price is currently showing signs of further bullish movement. Before price advances higher, it has potential to retrace to our marked entry point before extending.
Entry, stop loss and take profit levels have been marked. Should price move to TP1 , you should be scale out majority of your position and move the running position's stop loss in profit.
Do not risk more than 2% on this trade.
CANADIAN DOLLAR / SWISS FRANC (CADCHF) Monthly, Weekly, DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
CADCHF - Up-trend broken to the downside | 1:3 RR Short📢CADCHF 4H - Technical Breakdown
📈Price action has successfully broken through the clear up-trend and has since re-tested the prior support.
📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the highlighted support at 0.67300.
CADCHF-- Weekly Market Outlook from 06 to 10 April 2020Follow me for more update and Analysis.
What You Get:
- Weekly Market Analysis using my strategy.
- Results of our tried, tested and proven Strategies
- Latest and greatest news and content from the Forex World
Never Trade alone
we really hope you enjoy the All analysis
thank you
CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.69716 where it could potentially react and bounce to its resistance at 1st resistance at 0.67494
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.