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Cadchflong

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
Yemi_Fx1 | Long Setup on CAD/CHFThe recent price pattern based on the 4HTF, is a bullish continuation pattern (Flag). Price has been moving sideways in a corrective nature, what this shows us is that price is about to begin an impulsive move to the upside. If we see a test of the lower dynamic trendline of the pattern at the area of value.Then we prepare to be tagged in. I will be waiting for an entry signal on 1HTF. if you found this helpful please support your fellow trader with a like
Long
by Yemi_Fx1
CADCHF: Thoughts and AnalysisToday's focus: CADCHF Pattern – Continuation Support – .6502 Resistance – .6540 - .6549 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the CADCHF on the daily chart. Today, we have broken down what looks like a continuation pattern playing out. Looking at price, we can see a retracement that came to a stall point, setting up support in the moving averages that then formed a reversal bar. Today's buying could set a confirmation bar if we see yesterday's high beaten. We have run over entry ideas and warning signs if sellers break certain levels. If buying continues, we want to see resistance beaten and possibly a test of .6590 on a new trend extension higher. Good trading.
Long
by Eightcap
Major Correction Looms for Key CHF Pairs, Big Moves Ahead?I've been keeping an eye on this pair for some time now, especially since it broke down and stayed below the long-term range set after the 2015 crash. We're now nearing an important point - the 2015 depeg low, which might vary based on your broker. In my experience, Forex.com offers more reliable data, showing a depeg low just under 0.61. It's pretty interesting to see that all the CHF pairs are shaping up similarly, forming bottoming patterns as they get closer to their respective depeg lows. Even CHFJPY is hitting a significant point at 170. With everything that's been happening globally, CHF has been a go-to safe haven in recent years. But looking at these pairs, I'm thinking there's a big correction coming soon, with a lot of CHF selling across the board. Here's my plan for capitalizing on this with this particular pair, as I'm expecting another dip towards the depeg low. On the daily charts, you can see the price slowly edging down, with a notable drop at the end of last month. This happened during the holiday season, when markets can be a bit erratic, showing spikes due to volatility. (check out the image below) If you zoom in on the weekly chart, there's a clear falling wedge pattern forming as the market grinds down. Each new low seems to attract buyers, hinting at a potential shift and weariness in selling. My strategy for this pair is straightforward. I'll be watching my TRFX indicator on the daily charts from now on, building a big position every time the indicator gives me a signal at or below the current price. My first target is the 0.68 resistance, the previous bottom of the long-term range. I'm expecting a bit of a reaction there, then a push back up into the range, aiming for the top at 0.74. To confirm this final target, we'd need a strong weekly or monthly close above 0.68. Given that all these pairs, including the CHF futures chart (image below), are showing similar patterns at key resistance points (depeg high), this could turn out to be one of the best trades of the year. But it's crucial to wait for the right entry signals. I'll keep you posted as these positions develop. Hope you found this interesting!
Long
by TheFxAce
12
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
✈️CADCHF can go UP by Falling Wedge Pattern✈️🔄 CADCHF re-entered the 🟢 Support zone(0.648CHF-0.645CHF) 🟢 after experiencing a 🐻 Bear Trap 🐻. 💡Also, CADCHF seems to have succeeded in forming a Falling Wedge Pattern , so the upper line of this pattern was broken hours ago. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect CADCHF to GO UP in the coming days and may rise to 🔴 Resistance zones 🔴. Canadian Dollar/Swiss Franc Analyze ( CADCHF) 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
1
CADCHF - W1\D1CADCHF W1 - The price may push off from the level, a potential rebound to the values of 0.68343 D1 - The price is behind the trend line, a potential retest is now forming (which forms a potentially 3-wave structure) and continuation of the upward movement from the strong level at W1. What can you expect? You can consider entering from the level of 0.64882 with further movement to the target 0.65870. Cancellation of the idea so as not to take increased risk on the idea levels beyond the end of the 1st wave on D1 - 0.64169 Short term Short Targets 0.64984 - 0.65269 - 0.65491 - 0.65870 Long term Short Targets 0.65243 - 0.66205 - 0.67295 - 0.68343
Long
by Trade_Hive_Signals