CADCHF Potential Short! CAD-CHF is trading in an
Uptrend but the pair is
Locally overbought so
After it hits the horizontal
Resistance level of 0.67063
I will be expecting a
Further move down !
Cadchfsetup
CADCHF Short Trade Setup A #short trade opportunity recently presented itself on the #loonieswissy (#CADCHF) #trading chart 📉.
This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.66868 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 0.65000 psychological level and possibly testing the strength of the 0.64840 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
CAD/CHF - Bullish Reversal Potential following Anti-ButterflyIntroduction:
CAD/CHF has recently formed an Anti-Butterfly XABCD harmonic pattern, indicating a potential bullish reversal. This technical analysis aims to provide insights into potential entry and exit points for traders interested in capitalizing on this pattern.
Pattern Formation:
The Anti-Butterfly XABCD pattern on CAD/CHF suggests a reversal in the prevailing downtrend. This pattern typically consists of four distinct price swings, labeled X, A, B, and C, followed by a potential reversal at point D.
Key Levels and Entry Points:
Based on the identified pattern, traders may consider entering the market near 0.66560. This level aligns with the anticipated bullish move from point D of the harmonic pattern. However, prudent risk management dictates placing a Stop Loss near 0.66156 to mitigate potential downside risk.
Profit Targets:
Traders can set multiple profit targets to capitalize on the expected bullish momentum. The first profit target (TP-1) is set at 0.66950, aiming to capture the initial upward momentum. Subsequent profit targets include TP-2 at 0.67340 and TP-3 at 0.67735, reflecting further potential upside potential as the bullish move unfolds.
Risk Management:
It's essential for traders to adhere to proper risk management principles, including setting appropriate stop-loss levels and position sizing based on individual risk tolerance and trading objectives.
Conclusion:
In summary, the formation of the Anti-Butterfly XABCD harmonic pattern on CAD/CHF suggests a bullish reversal scenario. Traders may consider entering the market near 0.66560, with a stop loss at 0.66156, and targeting profit levels at 0.66950, 0.67340, and 0.67735. However, as with any trading strategy, prudent risk management is crucial to navigating market fluctuations effectively.
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.
CADCHF,🟢Is it bullish...?🟢
By examining the CADCHF 1-hour chart we can figure out there is a lot of buy-side liquidity that can be defined as a smart money target.
The market structure is bullish and the price had a bullish reaction to the daily order block.
Now, there is a sell-side liquidity inside the FVG that creates a high probability buy setup for us.
Please keep it in your mind: We need the LTF confirmation for entry.
💡Wait for the update!
🗓️07/03/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
CADCHF,🔴Sell Opportunity🔴(Details on caption)
It is an aggressive sell position.
The price collected the buy side liquidity on the daily time frame and closed the candle body below the FVG that made it as an inversion and strong resistance. So now we can expect the price start the bearish move from here or from the bearish breaker.
I said it is an aggressive position because we enter it before the market structure shifts in this scenario.
I hope you find this information useful..
💡Wait for the update!
🗓️22/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
CADCHF Technical Analysis and Trade IdeaThe CADCHF has been on an upswing lately, reaching a critical resistance level. This is indicated by higher highs and higher lows on the daily and 4-hour charts. We are looking for a pullback to the 61.8% Fibonacci level as a potential entry point for a long trade. However, it is important to remember that this is just speculation and should not be considered financial advice.
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.
CAD/CHF +65 Pips 0 Drawdown , New 2 Entries Valid Soon !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CAD/CHF Ready For Buy To Get 200 Pips At Least 🔥This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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.
CADCHF Idea D1Here is my analysis for CADCHF on D1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#CADCHF: it can be a huge swing trade!Happy Weekend Traders!
CADCHF have been accumulating since long time now, price have shown some bullish behaviour and we expect price to rise from this moment. Wait for the price to drop a bit and enter when it falls between our zone.
thanks for your support as always!
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.
CADCHF DEMAND - 1D0.64667 zone had been respected from the may month for Canadian dollar vs Swiss franc and whenever the price reached near this zone we saw a great move to the upside, the recent move shown a demand and which resulted in great price push all the way up to 0.68263. I expect a potential upward move from this level, if you trade this pair do wait for the confirmation. Thanks and all the best..
CAD/CHF Second Entry +50 Pips , Both +150 Pips , CongratulationsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting
CADCHF: 23/10/2023:🔴Sell opportunity🔴
Well, the market structure is bearish. liquidity above the previous day's high was collected and the price had a bearish reaction, so for now, we can expect the price to touch the bearish order block and we can search for entry in a lower time frame.
💡Wait for the update!
🗓23/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Perfect Chance To Buy CAD/CHF From Lowest Price To Get 200 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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.
CADCHF - Looking To Buy Pullbacks In The Short TermH4 - Bullish trend pattern.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
CADCHF 28/08 MovePair : CADCHF ( Canadian Dollar / Swiss Franc )
Description :
Breakout the Upper Trendline of the FALLING WEDGE Pattern and Completed its Retracement. Rejecting from the Strong Support forming Double Bottom Pattern if it Breaks the Daily Descending Trendline and Retest then we can Look for Buy
CADCHF traders look for Buy Opportunities {21/08/2023}Educational Analysis says CADCHF may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because CADCHF price is at that place level where got demand thrice by traders.
Although this pair has proved that, It's Changing its character and Also traders now looking for an uptrend from this level, and eventually will prove that the Market structure shift and eventually led to a Break of Structure.
Analytical Trade would probably be
Buy order at 0.65011
Stop loss at 0.64854
Take profit at 0.67815
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
CADCHF Analysis H1Here is my analysis for CADCHF on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
