By examining the CADCHF 1-hour chart we can figure out there is a lot of buy-side liquidity that can be defined as a smart money target. The market structure is bullish and the price had a bullish reaction to the daily order block. Now, there is a sell-side liquidity inside the FVG that creates a high probability buy setup for us. Please keep it in your mind:...
Well, as you can see the price grabbed the liquidity above the previous day's high and shifted the market structure. We can enter the sell position only with the LTF confirmation in the supply zone. If you have questions, feel free to ask. 💡Wait for the update! 🗓️28/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
NZDCHF reached the important supply zone formed as a bearish order block with FVG. So we can expect the zone to reject the price. We can study the price in the lower time frame for finding the trigger. 💡Wait for the update! 🗓️06/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
We need low time frame confirmation in the bearish order block. You can see all the details on the chart. Feel free to ask questions. 💡Wait for the update! 🗓09/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Well, you can see important zones and possible scenarios on the chart. Please pay attention to details. In my perspective, at first price can go higher at least to the supply zone ( or even till OB-), and then with LTF confirmation we can sell to the demand zone. 💡Wait for the update! 🗓02/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Hello traders, There is one entry and one TP for this pair. We do not short just because we believe there are too many levels just so close together so RtoR of short options do not worth the risk. Levels calculated order_block, regarding support and resistances, channel and pivot points.
4H Chart: Regarding HTF analysis USDCHF is bearish! However we are in an almost strong correction! We expect a reverse from around 0.89000, but till to get there, considering intraweek tradings, the pair is bullish. We wait for next week s1 to evaluate buying opportunities.
These days we are witnessing a high excitement in the Canadian dollar and we can see this in the form of candles. In my opinion, the weakness of the Canadian dollar against the franc is obvious, but we must not forget that there is an important level in front of the price that we cannot comment on the continuation of the movement until it is broken.
CADCHF came bearish and changed the strcutre in the past weeks, looking for a continuation of the new established trend from the POI zone i marked on the chart
By taking a deeper look at USDCHF You'll notice that bulls face harder time to move the price. I'll wait for the next move! if next moving up of the price we'll be still not so strong! I'll short the pair. Breaking of the resistance is also possible.
The reason for entering is based on the trend line. The important thing is to be patient until it reaches the desired area and also see the confirmations by candlesticks. Pay special attention to today's news on the US dollar (don't trade during the news).
CADCHF is ready to be profitable again. However, There is always chance of a losing trade.
In a downward trend, a good correction is observed; R\R is not very pleasant and another point is to be careful about the events and news of the week ahead. what do you think?
After a 100% correction in the daily time frame; Now it's time to trade shorts. be profitable🤑
EUR is under value right now and need some retracement to the average. Technically, the EURCHF price is in very fair price to buy and is in strong support too.
Double bottom created at support with bullish moment. stop loss right behind support Risking just 30 pips to make over 100 Great "RISK/REWARD" ratio.
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