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Cadchfidea

CADCHF buy...Guys CADCHF to touch demand zone keep watch and take profit... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities. Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Short
by sakthideva
Big longterm Sell on CADCHF comming up!CADCHF has been on this wave since the swiss federal bank dropped the euro min value. now we are approaching the top of the current swing. look out for that at least 0.79 better 0.8 to enter a sell in CADCHF. i expect the sell to last for about 3 months. ep: 0.801 sl: 0.81 tp: 0.73 aprox 600pips go for a low Multiplyer as it is a long trade to minimise the risk of hitting your sl. i do not take any reponsability trade with care if you have any question or Things i could do better hit me up!
Long
by feelx23
1
CADCHF testing major support, prepare for a potential bounce! CADCHF is testing major support at 0.7716 (Fibonacci retracement, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to push prices all the way up to major resistance at 0.7851 (Fibonacci extension, horizontal swing high resistance). Stochastic (55,5,3) is seeing major support above 6.4% where a corresponding bounce could occur. We are also seeing bullish divergence vs price signalling that a bounce could be impending. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
CADCHF dropping nicely, potential for further drop!CADCHF has broken major support-turned-resistance level at 0.7809 (Fibonacci retracement, horizontal overlap resistance) and remains below our Ichimoku cloud signalling that there is bearish momentum. Our next resistance is at 0.7830 which is above our 61.8% Fibonacci retracement and also at a swing high resistance. Price could potentially drop all the way to major support at 0.7714 (Fibonacci retracement, horizontal overlap support). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
CADCHF counter trend setupPrice is moving towards the Daily resistance. However, there's oppurtunity to go short if price can break the minor trendline in H1. Bear in mind, we need the price to make bearish corrective structure first, then wait for breakout for better probability to short. ================================================================================== Daily trend adalah sedang menuju ke resistance Daily. Jika price berjaya naik dahulu dan kemudian break minor trendline , peluang untuk Sell boleh di ambil.
Short
by FXSupremacyTrader
CADCHF remain bullish after channel exit Intro: CADCHF has made a bullish exit from its long term channel, we maintain our bullish bias unless it reintegrates. Buy above 0.7400. Stop loss at 0.7360. Take profit at 0.7493. Reason for the trading strategy (technically): Price has made a bullish exit of our long term descending channel signalling that we’re likely to see a change in momentum from bearish to bullish. The important change we’re seeing today is that intermediate ascending support on RSI is starting to provide the bounce required for price to rise further. We look to buy above 0.7400 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 0.7493 resistance (Fibonacci retracement, horizontal overlap resistance). RSI (34) has also made a bullish exit of its long term descending resistance-turned-support line signalling a corresponding change in momentum too. Intermediate ascending support line shows we might be seeing a bounce soon.
Long
by MEX_Exchange
2
CADCHF bullish channel exit, time to buyIntro: CADCHF has made an exit of its channel signalling a change in momentum, and also providing a great opportunity to buy. Buy above 0.7400. Stop loss at 0.7360. Take profit at 0.7493. Reason for the trading strategy (technically): Price has made a bullish exit of our long term descending channel signalling that we’re likely to see a change in momentum from bearish to bullish. We look to buy above 0.7400 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 0.7493 resistance (Fibonacci retracement, horizontal overlap resistance). RSI (34) has also made a bullish exit of its long term descending resistance-turned-support line signalling a corresponding change in momentum too.
Long
by MEX_Exchange
2
CADCHF has made a bullish exit, potential for a mega reversal!CADCHF has made a bullish exit of its long term descending channel, this is a huge sign for a potential bullish reversal. Our 1st support is at our breakout level of 0.7386 and we can see two major resistance levels at 0.7439 (Fibonacci retracement, horizontal overlap resistance) and 0.7469 (Fibonacci retracement, horizontal overlap resistance). RSI (55) has also made a corresponding bullish exit from its long term descending resistance-turned-support line signaling that there could be a strong shift in momentum from bearish to bullish. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
2
CADCHF remain bearish but watch for potential channel breakSell below 0.7404. Stop loss at 0.7446. Take profit at 0.7318. Reason for the trading strategy (technically): Price is now testing major resistance at 0.7404 (channel resistance, horizontal overlap resistance, Fibonacci retracement) but we’re also seeing that it might be breaking out of our long term descending channel so we have to be careful and monitor price movement. If price starts reacting off our selling area and reintegrates nicely into the channel, then we can expect a further push down towards 0.7318 support (Fibonacci extension). RSI (89) sees a long term descending resistance line hold the bearish momentum in price really well. However we can also see that there is a chance that it is starting to break out so we have to exercise caution and monitor it closely.
Short
by MEX_Exchange
Double Bottom on CADCHFHi guys, i've been looking at this pair for the whole week, and now i think i've found a nice trading opportunity for a counter trend trade. As you can see price has created a double bottom with RSI divergence in a zone that was already on my radar for being a daily structure area. RSI is in a divergence also in the higher timeframes and that's confirming my point of view. All that said, i'm taking this long, with stops as shown and targets as illustrated below. If you have any question/idea, feel free to comment below. Otherwise, see you in the next chart!
Long
by Roker1