Cadchflong
CAD/CHF could go higher now💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
CAD/CHF has been pushed down recently. Now price has approached resistance line and there is possibility of price going up again. We will wait for price action to confirm rejection before entering any long positions.
Let us know what you think about this idea.
Trade safe !
CAD/CHF: Waiting for the Next PhaseI been mostly busy lately, but that didn't stop me from wanting to do an entry for the CADCHF pair before market close. Right now, the bearish action is making me anxious and some people may think this could be sign of a sell off, but I think it is actually due to market hours. Looking at the continuation pattern, I expect the upcoming wedges to be more towards signs of bullishness. I also think the next phase is likely positive. That being said, everything I say is on an opinion based basis. Please pursue at your own risk. Do your own due diligence and this is not meant to be taken as actionable financial advice.
CADCHF Potential rebound to 0.712 but might fail to test 0.72OANDA:CADCHF
CADCHF is in its lower bound of Bollinger band in the daily chart, so rebound potentially happening in a short term . Resistance 0.712 seems achievable but it will hard to breakthrough resistance 0.72xx unless there is significant financial news or fundamental progress.
If you want my view about other currencies/stocks/ commodities, I will love to share my view with you. Just simply comment below. I always open to discussion.
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
CADCHF LONG- Strong bullish candle on the daily, with a break
of the 50MA
- Break of descending trendline on the 4HR
- Looking for pullback to 0.382, ideally further down to the 0.618, lines up nicely with the MAs on the 1HR and 4HR
CADCHF Forecast 13th-16th June 2020Hi,
This is Canadian Swis Franc, as you can see i have made my analyses on this pair, i am expecting to go for long.
It showed a pattern that makes this pair to go for long.
Please remember this is just my opinion.
thank you.
CADCHF, Critical Rejection Point..
Critical Point.
Strong W,D,4H Rejection Zone.
Bearish Channel Broken.
0.5 Fib Level..
4H reflecting another Bullish Pattern
I am expecting Bullish Momentum from 0.69 zone
CADCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Proposed long CADCHF This pair made an all time low at 0.660 in March 2020 and then started a slow grind to the top as the monthly chart shows.
The price action on the daily chart is contained within a channel. The potential to the upside is huge while a run to the lows is possible too.
Price is at the bottom of this channel and an attractive place to test PA with a small trade size with a 80-90 pips stop.
The round number 0.700 is about 35 pips away and a convincing break above that will provide a more secure entry or an opportunity to add positions.
If you like my analysis, please give it a "thumbs up" and follow me to get instant notifications of my trade ideas and updates.
As always, please use sound money and risk management in all your trades.
CADCHF [1H] Upper Wave follow that Step 🔥🔥🔥🔥CADCHF Upper Wave follow that Step 🔥🔥🔥🔥
Cheer it 🚀🚀🚀🚀
R1 @ 0.70XXX
S1 @ 0.696XXX
Goodluck
CADJPY +100 Pips Profit!Hi traders,
Our earlier idea played out very nicely. CADJPY is already up with +100 pips!
I hope you made money with us :)
Trade safe!
A
CADCHF Buy After Perfect Retest Of SupportHi traders,
We are buying CADCHF after it retested previous resistance now turned support perfectly with a hammer followed by a bullish engulfing bar.
The market is looking to continue the trend from here.
Updates to follow.
CADCHF - SWING - 29. JUNE. 2020Welcome to our weekly trade setup ( CADCHF )!
-
1 HOUR
Very bullish price action.
4 HOUR
Price closure above main sr level, expecting a push now.
DAILY
Overall bearish market structure about to turn.
-
FOREX SWING
BUY CADCHF
ENTRY LEVEL @ 0.69560
SL @ 0.69210
TP @ 0.70060
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Daily Update--CAD/CHF-- Big Chat View Forecasting Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
_______________________________________________________________________________________________________________________________________________________
Thank you for your support!
