I'M EXPECTING A BEARISH TRENDHello Traders, CADCHF has been ranging from Sept. 2024 and now it is at our resistance zone, we might have a double top on our D1 time frame or Inv. H&Ss, if you look at your H4 you can clearly see Inv. H&S pattern, so if the market goes up to form a double top on a D1, you should understand that it's collecting orders since we already have a Inv. H&Ss on our H4.
NB:NO REVERSAL PATTERNS NO ENTRY.
CADCHF trade ideas
CAD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.637 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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CAD/CHF Buy Trade - Targeting 0.63276 & 0.63316 Pair: CAD/CHF 📈
Direction: Long 🔼
Targets: Primary: 0.63276 🎯, Secondary: 0.63316 🎯
Time Horizon: 24 hours ⏳
The pair is exhibiting market behavior that suggests an upward trajectory 📊, with the primary target set at 0.63276. If momentum continues beyond this level, a secondary target at 0.63316 may also be achievable 🚀.
This trade remains time-sensitive, with an expected conclusion within the next 24 hours ⏰. Broader market dynamics and CAD-related developments may play a role in price progression. Observing price action near these targets will be key to assessing further movement 🔍. OANDA:CADCHF #Globalhornes
CADCHF - Bearish Setup at Key ResistanceThe CADCHF pair is currently trading near a significant supply zone, where prices have previously encountered strong resistance and reversed lower. This suggests a potential bearish scenario as sellers might regain control in this region.
A bearish confirmation, such as a rejection candlestick pattern (e.g., a bearish engulfing or long upper wick), would strengthen the case for further downside movement. If this scenario unfolds, the next target to monitor is around 0.63202, which aligns with a key support level.
Traders should wait for clear confirmation of selling pressure before entering short positions to ensure alignment with the broader market sentiment.
CADCHF now having bearish expectations
OANDA:CADCHF in analysis on CADCHF before this one, i am have expectations price will make stronger bullish push from ASCENDING CHANNEL, price is make push around 40PIPS
and its start creating zone and in zone is created and H&S pattern, at end zone is breaked and after todays events we are not see price moving again bullish in zone (which will have bullish impact), price is start falling.
Now in new analysis on CADCHF having bearish view.
SUP zone: 0.63500
RES zone: 0.62700, 0.62450
Potential bullish bounce?CAD/CHF has bounced off the pivot which has been identified as an overlap support and could rise to the 1st resistance.
Pivot: 0.63218
1st Support: 0.62931
1st Resistance: 0.63501
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CAD/CHF 4H Timeframe AnalysisCAD/CHF 4H Timeframe Analysis
Trend Analysis
On the 4-hour timeframe, CAD/CHF is in an uptrend, having recently broken above the minor key resistance at 0.63300. Following this breakout, buyers initially stepped in, preparing for the continuation of the trend.
However, the price only accumulated a large volume of buyers before reversing downward, breaking below the minor key level to hunt for stop-losses. This phase represents the manipulation phase within the liquidity zone.
Now, the price is poised to move upward again, breaking above the key resistance to resume the buy trend. With liquidity formation complete, we aim to capitalize on the next breakout for trend continuation.
Price Action Expectation:
Wait for the price to break above the minor key resistance at 0.63400, confirming the continuation of the uptrend.
Plan to enter after the breakout for optimal trade positioning.
Trade Setup
Trade Type: Buy Stop
Entry: 0.63400 (upon confirmation of the breakout above resistance)
Stop Loss: 0.63080 (below the liquidity zone to avoid false breakouts)
Take Profit: 0.64050 (targeting the next significant resistance level)
This setup ensures a strategic approach, leveraging liquidity formation and trend continuation.
Fundamental Outlook:
Monitor Swiss economic indicators, as well as global risk sentiment, which tends to influence CHF strength as a safe-haven currency.
The interplay between these factors could provide additional momentum for the continuation of the bullish trend.
Risk Management:
Maintain a 1:2+ risk-to-reward ratio to optimize potential returns.
Position size should be calculated based on your account equity and risk tolerance.
Closely monitor liquidity zones to avoid premature stop-outs.
Trading involves substantial risks and may not be suitable for all investors. Always seek guidance from a financial professional if you’re unsure about trading decisions.
CADCHF to continue in the UP Trend move Hello Traders
In This Chart CADCHF 4 HOURLY Forex Forecast By FOREX PLANET
today CADCHF analysis 👆
🟢This Chart includes CADCHF market update)
🟢What is The Next Opportunity on CADCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Let me know your thoughts. Trade safe
CADCHF Struggling to Rise Further: Possible Decline ExpectedCADCHF Struggling to Rise Further: Possible Decline Expected
It looks like CADCHF has completed its bullish trend, and there's a good chance it may start another short-term bearish trend.
CADCHF appears to be entering another correction phase, similar to what it experienced before. It is expected to move down further in the coming days, influenced by upcoming news from the US.
Support zones are anticipated near 0.6337, 0.6325, and 0.6310.
You may find more details in the chart!
Thank you and Good Luck!
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CADCHF – Potential Short Opportunity on RetestCADCHF has broken below a key support zone, indicating a shift in momentum to the downside. This zone previously acted as support and may now turn into resistance, aligning with the break-and-retest strategy.
A bearish confirmation, such as rejection candles, a bearish engulfing pattern, or slowing bullish momentum, would strengthen the case for continued downside. Should this scenario play out, the next target for sellers would be around the 0.63387 level.
Traders should remain patient and wait for the price to revisit the resistance zone and provide clear rejection signals before considering short positions.
CADCHF: Bullish Move From Key Level 🇨🇦🇨🇭
CADCHF formed a nice trend-following bullish setup.
After a test of a key level, the price bounced and violated
a resistance line of a bullish flag pattern.
We can expect a bullish continuation at least to 0.6372 level now.
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CADCHF Elliott Wave AnalysisHello friends
In the CADCHF currency pair, we expect the price to grow, but why?
In this currency pair, we are witnessing the formation of 2 5-wave patterns and 2 zigzag patterns, which can be called 1 or A and 2 or B and 3 or C.
In my opinion, considering the price drop and the formation of these patterns, it is evidence of a price reversal.
Therefore, I expect the formation of wave 5.
I also consider the stop loss at 0.62100.
If our theory is correct, we expect the price to grow to the level of 100% and then 161.8% Fibonacci.
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BUY CADCHF - Trade entry explained in detail Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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CADCHF - SELLCADCHF - SELL POSITION
Price created a market shift with seller momentum leaving a area of imbalance behind.
Price then started pulling back creating a opposing break of structure which means the low of that structure is our targeted liquidity followed by the low of the whole structure as liquidity points.
Fibanacci retracement levels marked out with my trade entry point being the 71% fibancci level which price has tapped into.
Sell trade is entered targeting the low of the whole structure with my stop loss being the high of the structure.
Now patients is at play and we wait for results.
CADCHF Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for CADCHF below:
The price is coiling around a solid key level - 0.6285
Bias - Bullish
Technical Indicators : Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.6310
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK