BULLISH FOR THE SWISS FRANC Price made a bullish run and met resistance before the Swiss Franc pulled back bearish (50% fib level) to the point of support where price is currently trading. From this level, price has the potential to move Bullish to the price level i have marked with the green horizontal line which is 100% of the 50% fib retracement.
Entry - Grey line
Stop loss - Red line
Take profit - Green line
Risk exposure - 1%
Risk to reward 1:2
Cadchfshort
CADCHF approaching support, potential bounce! Price is approaching our first support (100% Fibonacci extension, horizontal swing low support) where a strong bounce might occur to our first resistance level (Horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CADCHF SHORT WE CAN SEE A NICE TRENDLINE BREAK AND RETEST + A DOUBLE TOP PATTERN THE PRICE SHOULD REACH THE MAJOR SUPPORT LVL
CADCHF down trend continuationCADCHF tried recovering from the down fall but couldnt. The number of hours it used to retrace is much higher down the continuation hence letting us know how weak the CAD is getting and going to continue falling until key level Im watching
BEARISH RUN AFTER RETRACEMENT FOR CADCHFWe can currently see this pair retracing thus gaining momentum and also creating bearish divergence for a potential bearish continuation. We can see the same setup on USDCHF. The grey line has been marked at 50% fib level of that bearish move. Should price move to the red line which is our SL, this would invalidate our trade idea. Our tp is marked at 100% of the retracement.
Grey line- entry
Red line - Stop loss
Green line - Take profit
Risk exposure - 1%
Risk to reward 1:2
Falling like a BrickThe price formulated small expanding triangle pattern, where AB=CD. A breakout will further drop to the next support level.
Regards,
TheForexFarmers
CAD/CHF 4-HOUR TIMEFRAME SHORT ENTRYThis trade might/might not have been forecasted on this channel. Price is currently breaking out of a bear flag pattern and creeping to the downside. My take profit is placed at 0.74640, which is the bottom of the flag pattern. Patience is required as usual, as the market is heavily oversold and buyers might "taunt" us. May the bears be with us!!!
CADCHF ABC Correction CompletedCADCHF Completed an ABC correction and broke rising retracement trendline. Awaiting for a retracement before entering short to confirm downtrend as price has already made a substantial move downwards.
CADCHF short opportunityPrice broke support and consolidated just under the resistance line. Last week 4h candle closed with a bearish pin indicating a short opportunity. This is a swing trade for me and targeting 300 pips or thereabouts. Happy new trading week guys.
CADCHF SHORT TARGET 0.74000-LONG TERM DOUBLE TOP
-UPWARDS TRENDLINE BREAK RETEST CONTINUATION
-FIB RETRACMENT
CADCHF - Bearish MarketCADCHF H1
1) key fib zone
2) trendline
3) bearish pennant with 1-5 wave inside
Expecting nice sell positions to kick in, taking us down to the -27%, for around 100 pips (provided Oil doesn't push CAD further up)
@PipsOfPersia
t.me
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
CADCHF shorting.Morning traders,
After a decent push down this pair has pulled back with a bearish engulf candle which suggests trend continuation. I've therefore gone short on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
CADCHF SHORT OPPORTUNITYPossible head and shoulder pattern in play.Short opportunity at the top of the shoulder will be a good entry point therefore.
sell limit order at 0.75960
tp at 0.75155
sl at 0.76359
CAD/CHF - 100 Pip Long Term ShortCAD/CHF has broken its 8H 50 EMA support and entered into a bearish trend.
We can expect it to fall 100 pips as long as the 8H 50 EMA holds strong as resistance.
Trade safe.
Short term short CADCHFTrading in a higher time frame correction is risky and requires constant monitoring.
CADCHF SWING SELLTrading is a marathon not a sprint - you want to be around for the long term not just a single week.
"The race is not to the swift, nor the battle to the strong" just endure and press on - There is an element of chance in this life but you can alter it by hard-work
ONLY 5% OF TRADERS are actually consistently profitable are you part of them if not yet what are you going to do about it???
CADCHF sell incoming - EQUIY.Dear traders,
So as you can see we expect CADCHF to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also moving to strong supply zone that’s been filled right now.
It will be much clear on the 4h chart, you can see we are creating now a nice “M formation”. We will wait till it reach our zone and then we will sell.
For take profit levels and stoplos check our telegram group: t.me
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