CADCHF IS SHORTMy views on CADCHF is bearish heading towards the support line of 0.71384 to retest it or break it.
Once that's broken the second support line will be 0.68087 .
Cadchfshort
⭕️SELL CADCHF :It's time to sell🧐⭕️You see the analysis of the Canadian dollar to the Swiss franc in four hours(CADCHF , H4)🔎
🔰As it is clear in the analysis, the price has been neutralized in a certain range, and the support and resistance ranges have been marked in purple.🧐
The expected price movement is marked by a yellow line and the profit and loss limits are also indicated in the image.❗️
I have set the profit margin in the range of the white trend line and the orange support line.👌🏻
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_________________________📈TRADER STREET📉_____________________________
CADCHF | BREAKING SUPPORTCADCHF has made the top around 0.75100 level where we see bearish pressure and price start falling. Currently it is breaking the important support zone which has been reactive in the past (highlighted on chart).
We remain bearish untill the falling trendline is takenout
Trade your levels accordingly.
CADCHF Sell analysis Are You ready??CADCHF is here to drop
Be ready. We have to wait till Liquidity removed. Trap Zone
CAD CHF Bearish when broke the resistance with stability under it at 0.73670 wait a retest & refusal to confirmation then a good selling ,good luck
CADCHF | BREAKOUT OCCOURS CADCHF has finally given a breakout from the consolidation of more than 10 days. Looks like the direction is clear which is upside.
We are expecting the pair to move upside to 0.75500 level with retest to breakout zone will give bulls more confident.
Trade your levels accordingly.
cad/chf looking for a sell off at this resistance area???looking at cad/chf we can we see we Haven't smashed thru this resistance and im anticipating with this divergence we are seeing Price can drop from where its at
disclaimer - information shared is for educational and demo purposes only
happpy trading and let me know what you think?
CADCHF ShortCADCHF gave us three bearish confirmations. I now anticipate it to complete tha ABCD pattern just beloww our trend line. We Put TP1 as an indicator forr scalperrs to have the opportynity to re-enter on thee pullback
CADCHF | LIKELY DISTRIBUTIONCADCHF has been trading under the strong resistance zone of 0.74300 - 0.74400 level. The price is unable to break the support zone as well.
We are expecting the drop as this price action can likely be a distribution phase.
Trade your levels accordingly.
CADCHF | Breaking Channel?CADCHF is reaching the channel bottom and short term horizontal support level. We are expecting bears will continue to be on the charge if the pair has manages to break the channel.
Trade your levels accordingly
CADCHF | MULTIPLE RESISTANCE AHEADCADCHF is trading in a bullish parallel channel, making higher highs and higher lows. The price has approached to horizontal resistance area which will be act as a strong one.
We are expecting price will retrace to the bottom of the channel first and may test the horizontal level there on.
Alternatively, breaking above will bring more bulls in the party.
Trade your levels accordingly.
CAD/CHF 150 pips from last analysis new short setup will startpair trading in sidway channel. and now already up from inside bullish flag as mentioned It will be easy to get buy and sell in this sidway channel until it is broken
Short CADCHFWhat I see:
- Price is heading towards a strong resistance trendline
- Trendline was rejected 3 times since April 2021
- Stochastics is currently overbought
What I expect:
- Stochastics to cross whilst overbought
- Price to reject from trendline
- Price to short towards 0.73500
cadchfI'm pretty bearish on this set up here, 1st time we've been up here in some time, anticipating a nice correction, close partials on the way down
information shared is for educational and demo purpose only
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
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.
Like and subscribe to never miss an idea!
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.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
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.
