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CADCHF Technical Analysis and Trade IdeaThe CAD/CHF currency pair has demonstrated a bullish trend across both the weekly and daily timeframes, with a clear break of market structure indicating upward momentum. Presently, the price is consolidating within a range, prompting us to anticipate a break, retest, and subsequent failure of the current range high as a potential entry point for long positions. The use of a buy stop order is being considered. Our video analysis delves into the intricacies of the trend, market structure, and price action, identifying optimal levels for the placement of stop-loss and profit targets. It is crucial to emphasize that the information provided serves purely educational purposes and should not be misconstrued as financial advice.
Long
by fxtraderanthony
2
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.
Long
by Tradius_Trades
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.
Short
by For3xScalper
1
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! 🌐💹
Long
by Pro-Trading-Africa
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.
Short
by Optimum369
4
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
Long
by ForexPlanet20
1
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
by ForexPlanet20
1
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.
Long
by For3xScalper
CADCHF BUY 🔍 CADCHF has recently bounced from a significant horizontal support level observed on both the 4-hour and daily timeframes. 📊 We anticipate a re-test of key support levels as indicated on the chart. 📉 Our decision to enter this trade is grounded in technical analysis and candlestick patterns. 🔄 These trades are long-term in nature; therefore, it's recommended to maintain sufficient margin to navigate market fluctuations. Employ effective risk management strategies based on your account size. 📌 Trading Rules: 1️⃣ Rule 1: Once the market reaches Target 1, consider closing some trades or moving your STOP LOSS to the ENTRY price (break-even) for a secure trading experience. 2️⃣ Rule 2: After reaching Target 1, refrain from initiating new trades based on the same signal/alert. 3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently await the next promising opportunity or trade signal/alert. 📊✨ Happy Trading! 🚀 #MarketAnalysis #ForexTrading #RiskManagement
Long
by Pro-Trading-Africa
1
CAD/CHF Long/Buy CADCHF bounced from a major support level on the daily time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Use proper risk management depending on your account size. TRADING RULES: Rule 1: Once the market reaches Target 1, close some of your trades/positions or Move your STOP LOSS price to ENTRY price (break-even) for safe trading. Rule 2: Once the market reaches Target 1, never place a new trade again on the same signal/alert. Rule 3: When the market is consolidating for more than 2 days, please close the trade and wait for the next good opportunity trade signal/Alert. Please like and share for more useful content:
Long
by Pro-Trading-Africa
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
Long
by ForexPlanet20
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
Long
by ForexPlanet20
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
Long
by ForexPlanet20
CAD/CHF Weekly Analysis - Will We Continue to the Downside?CAD/CHF is showing no signs of a reversal on the Weekly chart. We currently have a descending triangle in a bear trend, signaling a continuation to the downside. Until we see a bull signal bar with a confirmation bar closing on or near its high, we should remain short. I would wait for a minor pullback at least to the Weekly 9EMA to short again, depending on how the price action plays out. Key Points: 1. CAD/CHF is in a bear trend 2. Descending Triangle signals a continuation to the downside 3. RSI has room to fall 4. Until we see a bull signal with confirmation, remain short As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful. Trade wisely and let us know what you think in the comment section below!
Short
by TraderEngineering
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 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