CADCHF - BEARISH BIAS=====
MARKET OUTLOOK
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CAD- BEARISH
1️⃣ COVID-19 continues to rage across Canada with vaccinations very slow.
2️⃣ PM Trudeau said third wave has taken turn for worse.
3️⃣ Declining oil prices undermined the CAD.
CHF - BULLISH
1️⃣ CHF benefitted by renewed surge in coronavirus cases and a slow pace of vaccination. The US Food and Drug Administration recommended states pausing the use of Johnson & Johnson's coronavirus vaccine after six cases of blood clots.
2️⃣ Traders welcomed a further relaxation in Switzerland’s Covid-19 restrictions despite infections continued to rise gradually as the country has one of the highest rates of complete vaccination in Europe.
3️⃣ Risk-off the supported the safe-haven CHF.
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TECHNICAL
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- We are selling the CADCHF on the resistance area on the M15. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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RISK TO THIS TRADE
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Any change in sentiment could turn the pair's direction.
Cadchfshort
CADCHF - Bearish BiasCAD - BEARISH
1️⃣ COVID-19 continues to rage across Canada with vaccinations very slow.
2️⃣ PM Trudeau said the third wave has taken turn for worse.
3️⃣ Declining oil prices undermined the CAD.
CHF - BULLISH
1️⃣ CHF benefitted from a renewed surge in coronavirus cases and a slow pace of vaccination. The US Food and Drug Administration recommended states pausing the use of Johnson & Johnson's coronavirus vaccine after six cases of blood clots.
2️⃣ Traders welcomed a further relaxation in Switzerland’s Covid-19 restrictions despite infections continued to rise gradually as the country has one of the highest rates of complete vaccination in Europe.
3️⃣ Risk-off supported the safe-haven CHF.
=====
Technical
=====
- We are selling the CADCHF at SBR on M15. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
CADCHF: multi-time frame analysisHi Traders,
This is my view on this cross for the next few days.
#CADCHF
1. Wait for today’s closing blow support
2. Wait for the retest of the structure (which is 0.382 of Fibo)
3. Wait for a trigger
SELL 1.74156
SL 0.74720
TP 0.73030
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
CADCHF - Bearish BiasCAD - BEARISH
1️⃣ Oil prices sank 3% on Tuesday, with WTI crude trading below $60 a barrel and Brent about $62.7 a barrel amid escalating worries that the third wave of COVID-19 cases in some countries in Europe and slow vaccine rollouts in the continent will hurt a recovery in fuel demand.
CHF - BULLISH
1️⃣ Concerns about a surge in COVID-19 cases and vaccine shortages in Europe boosted the CHF.
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Technical
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We are looking to sell the CADCHF at SBR + below SMA 50 on the H1 chart.
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Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
CADCHF - Trend Continuation & Zone Break Retest, Mar. 23rd, 2021CADCHF short setups, trend recently reversed to bearish. We can expect trend continuation on the current 4h and 1h setups, if this doesn't workout then we can look for a pullback to the broken zone that helped to set the new bearish trend. Both of the short setups drawn are not exactly what I would look for, just a toss up for the ideas, would need to adjust the stops and entries on both, the profit target will likely be at the nearest zone. If I do enter the trade I will post an updated comment with the entry price, profit level, and stop level.
CAD/CHF 2 Entries To Catch 200 Pips 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
Waiting for a SELL on CADCHFI think CADCHF on the 4hr timeframe is going bearish for a while.
And my confluences are:
*Double tops reversal pattern (bearish signal)
*Rested of the neckline(healthy chart pattern).
*Normal divergence (change of trend signal); you can check out the divergence yourself.
And the last confluence would be the entry reason; A bearish engulfing candle( bearish signal).
Stop loss is 1ATR above the high of the engulfing candle
Take profit is the next structure.
Feel free to criticize my analysis, we are all learners.
'Do not blindly buy CADCHF based on my confluences and do not enter the trade if my analysis is against yours.'
Oportunity on CAD/CHFHere we can see cad/chf being on a ascending pattern . It just finished its 5th wave so we might see a point of break out soon . As i see it we can either go on a potential 6th wave or a break out around at 0.74500. Personally i am going to wait for the break out/confirmation and go short with a 100pips opportunity
CAD/CHF SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
CAD/CHF: Day-Swingtrade-Preparation
Market-Sell: 0,73500
Stop-Loss: 0,73920
Point of Risk-Reduction: 0,73120
Take-Profit: 0,72230
Stop-Loss: 42 pips
Risk: 0,5% - 1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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