CADCHF Monthly out lookCADCHF in the Monthly time frame Retested We will Wait to upper supply break so down demand will be vail to enter buy Position. GOOD luck
Cadchftrend
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.
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?
CADCHFHello traders. Due to the failure of the 4-hour trend time frame line, I expect the second and third waves of correction to be like this. Be profitable.
CADCHF Weekly Forex Analysis & Trading Idea for 4-8 October 2021CADCHF Weekly Forex Analysis & Trading Idea for 4-8 October 2021
CAD/CHF Analysis : Bullish movement Hello everyone, as we all know the market action discounts everything :)
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CAD/CHF has started this week's session with a great Bullish movement crossing all the daily resistance lines and seems to be gaining more momentum by the hour.
the bulls will need to get over the 50-day EMA first for the trend to be considered Bullish but At that point, the lower time frames are giving a short-term profit potential.
Possible Scenarios for the market :
Scenario 1 :
The market is trending at 0.73393 right now with a Strong Bullish candle forming for today, If the Bulls were able to hold that momentum then we could be seeing the market continue its Bullish movement and reaching the first weekly resistance line located at 0.73540, From there we will have a small confirmation for this Bullish trend that could lead the price near the 0.74030 where we might see a control battle. the weekly big Bullish target will be 0.74890 zones.
Scenario 2 :
Looks like the Bulls are in control right now but the Bears may step in and drive the price back down after reaching 0.73540, which could lead to a drop that could end near the 0.7220 level but there are no big signs for that yet, In case that happens a big battle will accrue between the Bulls and Bears at that level and the outcome will determine the direction for the market in the next period of time.
Daily Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 58.70 showing Great strength in the market. No divergence was found between the market and the indicator.
3) The MACD is above the 0 line indicating that the market is in a Bullish state. With a positive crossover between the MACD line and the Signal line.
Daily Support & Resistance points :
support Resistance
1) 0.7303 1) 0.7317
2) 0.7294 2) 0.7324
3) 0.7288 3) 0.7332
Weekly Support & Resistance points :
support Resistance
1) 0.7220 1) 0.7354
2) 0.7133 2) 0.7403
3) 0.7085 3) 0.7489
Fundamental point of view :
The CAD/CHF cross rate has recently spent periods within various trading ranges, and it might be the case that it has established a new one after having broken lower in August. The move back up from that low was fast and it is now trading within a broad range again.
no major Fundamental news happening right now that could affect the CAD/CHF market, But the 10-Year Bond Auction that is happening in Canada could have a small impact on the market.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
CadchfHere we have cadchf as we can see it has been taken support at the lower side we have form here I am looking for long position from here
Say yourself to motivate
Treading is very easy
And I will control my emotions here
CADCHFprice makes a movement and now it looks like make a double top and last movement in little time frame price already make a double top and already breakout the neck of a double top, now maybe price will breakout the neck of the double top in 1H time frame.
CADCHF LONGCADCHF IS FOLLOWING A LONG TREND, WAIT FOR THE OPPORTUNITY TO BUY. NEVER GO AGAINST THE TREND.
CADCHF TO THE MOON PROBABLYCADCHF is in an upward trend, as it was in a short retesting phase and breaks its retesting phase, it is now going to touch its highs.
CADCHF Strong SHORT 📉What I see in this pair is quite nice and as clear as possible, as you see in the chart,
Blue area you see just above the price is strong supply which price reacted to it perfectly, you can see they pushed price lower and lower after reaching to its strong supply,
Price were moving in strong uptrend channel , which 2 weeks ago that channel were broken to down, now we reached again broken point of channel , we consider it as a strong resistance. if price break this resistance we see it higher and higher, but for now we have all confirmations for sell as long as price is bellow 0.7380 ,
we have strong support just bellow price we use them as our 1st and 2nd TP .
Any more info Comment or DM
as always more than welcome to answer your questions
1:4 R:R LOVELY 👌🏻✅
GOODLUCK Everyone!!!
FxShzd ✅📈📉✅
CADCHF: SELL NOWCADCHF time to short
Risk Reward Ratio 1:2 / 1:3
GOOD LUCK
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Possible Bullish Breakout on CAD/CHF Hi Traders
CAD/CHF (H4 Timeframe)
A high probability, to go LONG is forming @ 0.74762 after the market found support @ 0.74069. Only the downward break of 0.74069 would cancel this bullish scenario.
Trade details
Entry: 0.74762
Stop loss: 0.74069
Take profit 1: 0.75127
Take profit 2: 0.75780
Take profit 3: 0.76845
Score: 10
Strategy: Bullish Breakout
CAD/CHF Multi-Timeframe analysisHi Traders
CAD/CHF Multi-Timeframe analysis
H1 CHART ( BULLISH )
A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario.
Support & Resistances
0.70789 0.71094
0.70455 0.71331
0.70165 0.71621
H4 CHART ( BULLISH )
A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario.
Support & Resistances
0.70789 0.71094
0.70455 0.71331
0.70293 0.71621
DAILY CHART ( BULLISH )
A medium probability, entry signal to go LONG was given at 0.70611 after the market broke the resistance level at 0.70611 .
Support & Resistances
0.70224 0.70550
0.69035 0.71444
0.68610 0.72959
WEEKLY CHART ( BULLISH )
Waiting for a retracement lower towards the 0.70070 support level, in order to reinstate LONG positions. Next important support is the 0.68165 level.
Support & Resistances
0.70070 0.71194
0.68165 0.72008
0.67449 0.72512
CAD/CHF, we are looking for a another solid shorting opportunityCADCHF is currently creating a beautiful Head and Shoulders formation. Price has already broken bullish trend. More risky possibility is to open sell entry now and put your stop above resistance or safer one is to wait until price breaks neckline to take short.
cadchf aggressive trade setupaggressive H&S pattern. take profit price are proximate prices. it depends where to touch trend line (tp1) and where to brake trend line (tp2-tp3)
CADCHF Support Levels Breached - Next Support Is T/P Target NowWe sure did see a lot of volatility today, didn't we? Well, here we are now with a new short position in CADCHF, with 2 strong support levels breached in this pair. The next support level has become the target level for take-profit. This level is 0.69050. I don't see this pair making a big move otherwise.
