CADCHF - Short Setup at Key ResistanceThe CADCHF pair just entered a notable resistance zone that has times before acted as a supply zone, leading to bearish movements. A confirmation of selling pressure, such as a bearish engulfing pattern or multiple rejection wicks at the resistance level, would increase the likelihood of a downward move.
If sellers take control at this level, the pair could move downward, with a target around the 0.63230 level.
Cadchfshort
CAD/CHF Bearish Reversal Setup in Play The chart suggests a potential short setup based on the price's reaction to a resistance zone and the presence of a bearish order block. The trade appears to follow a risk-to-reward ratio strategy with a clear stop-loss and multiple take-profit levels defined below the current price.
Key Observations
1. Entry Zone: The short trade is initiated near 0.63230, around a resistance area.
2. Stop-Loss: Positioned at 0.64002, just above the recent highs, to minimize risk.
3. Take-Profit Levels:
First target: 0.62836 (close support).
Second target: 0.62458.
Final target: 0.62080, aligned with a strong demand zone.
4. Order Block: The highlighted zone indicates a bearish order block, signaling a potential reversal from the resistance level.
5. Momentum: The price is consolidating near the resistance, indicating a potential move downward, provided sellers gain control.
Strategic Implications:
Bearish Confirmation: Wait for a decisive bearish candle or rejection pattern before adding positions.
Risk Management: Maintain the stop-loss at 0.64002 to avoid overexposure to risk.
Profit Targets: Use scaling-out strategies at each take-profit level to lock in gains progressively.
This setup appears well-structured, with a high probability of success if the bearish bias plays out. However, traders should remain vigilant of false breakouts or sudden reversals.
CADCHF - Short active !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from bearish OB.
Like, comment and subscribe to be in touch with my content!
CADCHF - Short from bearish OB !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. After break of structure I expect price to make a retracement to fill the imbalance higher and then to reject from bearish OB.
Like, comment and subscribe to be in touch with my content!
CADCHF - Short from trendline !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is price to fill that huge imbalance and to reject from trendline.
Fundamental news: Upcoming week on Wednesday (GMT+2) we will see results of Interest Rate on CAD and on Thursday Interest Rate on CHF. News with high impact on currencies.
Like, comment and subscribe to be in touch with my content!
Wed 27th Nov 2024 CAD/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a CAD/CHF Sell. Enjoy the day all. Cheers. Jim
CADCHF - Long after filling the imbalance !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I want price to continue the retracement to fill the that huge imbalance and then to reject from bullish OB.
Like, comment and subscribe to be in touch with my content!
CADCHF - Look for a sell !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
Like, comment and subscribe to be in touch with my content!
CADJPY GOING DOWN !!!The CAD/JPY pair has been showing clear signs of a downtrend, with key indicators pointing towards further depreciation in the coming days. Several factors are contributing to this bearish momentum:
🔻 Weakening Canadian Dollar: Recent data suggests a slowdown in Canada's economy, putting pressure on the CAD. Lower oil prices, a crucial export for Canada, are also contributing to this weakness.
🔻 Strengthening Yen: As global uncertainties rise, the Japanese Yen is gaining strength due to its safe-haven status, putting further downward pressure on CAD/JPY.
🔻 Technical Analysis Confirms the Trend: The pair has broken key support levels, with moving averages and momentum indicators confirming that the price is heading lower. Selling pressure has been increasing as we move towards oversold territory.
Now could be a strategic time to enter a SELL position on CAD/JPY before it drops further. Stay ahead of the market and take advantage of the falling price action! 📉
CADCHF - Look for a sell !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
Like, comment and subscribe to be in touch with my content!
CADCHF - Expect AMD Pattern !! Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Now price is in accumulation phase between 2 important levels 0.63000 and 0.62000, I expect we can see a manipulation of buy side liquidity and then distribution lower.
Like, comment and subscribe to be in touch with my content!
CAD | CHF - Possible corrective phaseCAD | CHF primarily bullish for a while on HTF, although there is a potential FLIP control of SELLERS. On the other hand, if the price fails to stay above 0.62000, sellers may regain control, bringing the pair back down towards crucial support levels at 0.614000 and 0.61000. A breakdown below these levels would negate the optimistic prognosis for the future.
NOTE:
- this is just solely based on my knowledge and Technical Analysis.
CAD/CHF "Loonie Swiss" Bank Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist CAD/CHF "Loonie Swiss" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
CAD/CHF Bullish Money Heist Plan on Long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist CAD/CHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CADCHF Short - descending channel and bearish flag patternCADCHF on the 4H chart its stuck in a descending channel & got rejected by that around 0.6250 resistance level. On the 1H chart its forming a bearish flag pattern which is telling us the downtrend is gonna keep going.
What's your take on this pair ?
my short entry is instant
all other Stop and Take profit
you can found on the chart
Good Luck!
Easy +50 Pips On CAD/CHF , Did You Enter ? Here Is our first +50 Pips From this trade , if we can stay below this Res For Today and tomorrow , the price will go down hard
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.
Best Place To Short CAD/CHF To Get 200 Pips ! Ready For It ?The Price At Very Important Res Area That Was A Great Support For This Pair For Long Time So I Think It Will Push The Price To DOWNSIDE Very Hard In The Next Few Days If We Can Close Below It Today And Tomorrow .
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.
CADCHF - Bears Dominating! CADCHF made a triple top on the daily timeframe in the 0.67 zone, and then an impulsive downward move, showing that the bearish trend is still maintained.
And this week there was a nice bearish pattern (pinbar and bearish engulfing) at the Fibonacci levels, indicating that this could be the end of the corrective movement, and that it will resume its downtrend.
I will update the idea as it develops.
CADCHF - Look for a short !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. My point of interest is if price make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.64500.
Like, comment and subscribe to be in touch with my content!