CADCHF Will Go Down!!CAD-CHF has retested the descending and horizontal resistance at0.7300
Because the level is strong
I expect a bearish reaction
With the target is to support below when 0.71800
Cadchfshort
CADCHF | Rejection from TrendlineCADCHF has taken rejection from the falling trendline, the pair has been trading under the trendline since Oct of last year.
The recent price action suggests another rejection with a shooting star on candlestick, the followup candle also confirms.
Alternatively, the breaking up will result in bullish trend.
Trade your levels accordingly.
CADCHF-Short#CADCHF
Market continues to fall from same falling resistance for certain time. Again it is not able to cross that line. So we have a good chance to get some 50-60 PIPS profit in sell.
Short CADCHFWhat I see:
- Price has reached major structure high
- A bearish hammer has been formed
- Stochastic is currently overbought and crosses
I'll be expecting price to short towards the closest and most respected support zone which is 0.72326.
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cadchf These two floors are made, which makes me doubt this position
If we do not pay attention to this, the situation is very good
To achieve good profits
CADCHF | Good Opportunity to sell.When it comes to CADCHF technical analysis , this currency pair is right now in a downtrend.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
CADCHF FOR A BULLISH REVERSAL?Price is in a downtrend on the hourly timeframe, as lower highs and lower lows are being printed. However, recent price action tells us that we might see a short term reversal.
Price is testing a key resistance level at 0.72350, after a possible higher low has been formed.
Before taking long positions, price needs to break above the level with a clear impulse, and then on the pullback shows signs of a continuation.
We do not want to get caught against the trend, so patience is needed to see this trade play out.
Cadchf ready to big Fall are u ready Dont missed Great Entry Cadchf ready to big Fall are u ready Dont missed Great Entry monthly downtrend daily down trend I m expecting h4 from supply
CADCHF clear bearish price action Hi Traders,
CADCHF is consolidating within a bearish continuation correction which with the Global events occurring I suspect CHF to gain strength. Price action clearly shows sharp impulses after the corrections complete and with the Russia and Ukraine tension happening, we may expect another impulse move downward.
Always wait for confirmation before taking your trade. Follow your trading plan!
Good luck!
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Bearish price action, look for a SELLHi Traders
CADCHF is showing bearish price action with multiple corrective structures developing. The last correction gave us an LTF correction at the top of the channel to validate a sell opportunity. Price pushed down and gave us a CAB entry (correction after breakout).
Manage your targets appropriately and follow your trading plan.
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short CADCHFGood area for SELL position
It may fall sharply from our diagonal line and we can not enter
But I see a good place to open a SELL position in this area
FX:CADCHF
CAD/CHF 1HR SELL SET UPHi TRADERS this is my trade set up for the CAD/CHF
CAD/CHF Coming in to area of resistance I am looking to take a sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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Short CADCHFI expect price to fall towards the previous swing low as it has been respected several times since December 2021. My second reason is because price has broken out of the ascending trend line which has also shown strength since December 2021. After seeing that there has been a clear break to the low side, I won't be surprised if price heads up for a retest before shorting towards 0.71950, which is also a major ascending trend line that started in March 2020.
CADCHF hitting Highs..For More Daily Detailed Analysis, Go ahead and click on the follow button. Also please do ask any Questions should you have them,
Here we have our CADCHF chart on the 4H..
We have recently seen a run up to previous highs on the latest news regarding the BOC. Attacking these resistance levels is Providing us with a short side Bias. We have moved far off our Key MA's..
We can look short down to the eclipse symbol area for a clear Exit at some comfortable support.
CADCHFHello traders. With the break of the uptrend line, the price is expected to return to the levels of 50% to 61.8% and decrease to the previous floor. Be profitable
CADCHFHello traders. I expect the price to fall 110 pips by breaking this trend line so that the previous floor is a safe place. Are you agree?
CADCHF Canada GoosesWith glowing hearts we see thee rise,
The True North strong and free! Fly, fly, canadian fly !
Bearish CADCHF, but wait for retracementClear downtrend happening now on CADCHF, waiting for a retracement with a clear rejection before entering with a selling position.
CADCHF SHORT OPPORTUNITYThe risk here is that the CAD has been showing some strength across the board, however there is a solid break of the ascending channel which appears to be a complex pullback after an important rejection of a key area from HTFs.
Price is likely to create a new low before doing anything else, however before doing that, we could see price to capture some liquidity by breaking current intraday equal highs. Will see how it develops
