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Cadchflong

CADCHF/Long NowForecast the movement of currency pairs: buy Analysis Description: By monitoring this currency pair and stabilizing the strong candelabra of buyers from the support range of 0.70054, it is not expected that this currency pair will rise to the range of 261.8% Fibonacci. Target ranges Target I: .0.70304 Target II: .0.70775 Stop Loss: 0.70005❌ Don't forget capital management and risk to risk ratio Good luck ______________________________________ If you like my analysis, like it and send it to your friends
Long
by Mr_signal_Fx
CADCHF Retesting Broke out level!!!We managed to see a clean breakout after a long consolidation within 0.7020 resistance level and 0.6818 support level. As of now, I am expecting this BEARISH movement to be a retest to the broken zone before further BULLISH movement take over, Keep an eye on this pair while we expect a nice rejection off this level moving towards 261.8% fib level. I will update again once we reached that level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
1
CADCHF: You may consider this LONG opportunity! Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : CAD/CHF ⚪ Technical Analysis : Since January 2021, the price has been following an interesting trendline, moving up until the main resistance zone at about 0.70500, breaking through a daily S/R level at 0.69600 and bouncing few times on its dynamic trendline. On the 22th of January, the price broke the trendline, re-testing the same level twice before collapsing down under the support level. It is currently re-testing the S/R level at about 0.69650 and the next price action on this level will be essential to understand the next market movement. 🔴 Conclusion : The current weekly session closed with an interesting pin bar, showing a possible rejection on that level and an upcoming new uptrend. Also the day session closed with a strong upbar just around the S/R zone. I'm confident to see the price pushing up until the next resistance zone and I'll be waiting for a clear rejection before planning my long position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
6
CADCHF long (+200 pips) may be available.. week of 11 Jan.The area between 0.6800 and 0.6865 has been a solid support for this pair since April 2020. The 200DMA has been long known to provide a bias and price has moved above it now. Note also the slope of this line has changed from downward sloping to flat, giving me a neutral/long bias as per my daily chart. Let us look at the H4 view. Note that price has been moving in a channel since Nov. Of recent it has moved away from the bottom of the channel and actually broke out to the up side. It has retested that breakout on Fri and looks ready for a bullish move now. The swing high at 0.7166 looks like a logical target. If you like my analysis please give it a “thumbs up” and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
Long
by Trading_Vista
CADCHF: LONG Idea on this PULLBACKHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since November, the price started following a clear descending channel, bouncing many times on the dynamic S/R level of this pattern. At the end of December, the price wasn't able to reach again the dynamic support of the descending channel, in fact as we can see in this chart, the price got a rejection on the support zone at about 0.68874 Since that moment, the price started a short period of side trend, concluded at the beginning of January. The price then, broke the resistance zone and the dynamic resistance trendline. The price is actually retesting the S/R level and the next price action around this level will be helpful to understand and confirm our prediction. CONCLUSION: I think the price will get a nice pullback on that support zone, in a Daily and Weekly perspective the price is following an uptrend and there is not sign of weakness right now. IF THE PRICE will clearly bounce on the support zone, we could start looking for a great LONG position. Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
6
CADCHF Invalidates 0.6979 ResistanceSignposts on chart outline key details. We're seeing an upper resistance invalidate. When price crossed back below, selling pressure remained weak. This will hopefully trap a bunch of sellers before pushing higher. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Long
by FinancialGamblR