CADCHF LONG FIRST ENTRYI’m bullish on cadchf despite the negative impact of the news on canadian dollar.
This entry is a portion of the total position, if price pushes lower, im thinking of adding a second position just above the stop loss
CADCHF trade ideas
CADCHF: Important ZonesTraders,
D:
4h:
Our strategy for this pair involves positioning our orders strategically below the liquidity hunt.
By placing our orders in this manner, we aim to capitalize on potential market movements following the liquidity hunt, maximizing our chances of entering favorable positions.
As we await the release of Canadian Retail Sales data, it's crucial to remain mindful of its potential impact on market direction.
Should there be any notable surprises in the Retail Sales month-over-month figures, it could prompt shifts in market sentiment. Particularly, figures below -0.2% may pose risks to the current trend, while numbers exceeding 0.3% could warrant reassessment of our current zones.
Stay informed and prepared to adjust your trading strategy accordingly based on the outcome of the data release.
Best regards,
SELL CADCHF for trend reversal
SELL CADCHF for trend reversal
update
SELL CADCHF NOW ✅
STOP LOSS : 0.6691
From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too...
there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
CADCHF - Fibo Retracement TradeThe pulse to the upside which has already broken some previous support levels, has created a nice up move (without any red candles) and a retracement to the Fib(0.318) level.
If the 1H candle closes above Fib(0), we will be waiting for a touch back to Fib(0) and place our entry there.
If the candle closes right on top of the Fib(0) line, we will enter the trade directly.
CADCHF: Bearish Forecast & Outlook
The analysis of the CADCHF chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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CADCHF is pushing up, 1hrCADCHF was in a down trend the past months which it was very bearish. Using the top down analysis we can see that CADCHF has broke our bearish trend and looking for an uptrend.
In the 1hr time frame we can clearly see that it formed a flag pattern which is a good sign of continuation pattern to the upside and CADCHF has broken out our trendlines in the flag and made a retest which is a time to enter trades on it until the o.67199 zone.
#CADCHF | Breakout two Support (Up or Down)While undergoing a series of confirmations involving the breach of two support levels and the crossing of MACD on the 4-hour chart, is it conceivable to surpass these indicators and reach the third support level?
Currently in the learning phase.
Disclaimer:
The trading strategy shared on TradingView is for personal record-keeping purposes only and does not constitute financial advice. Trading decisions made based on this strategy are at your own risk. I am not a licensed financial advisor, and I assume no responsibility for any losses incurred. Please trade responsibly and consider seeking professional advice before making investment decisions. I welcome any comments and suggestions regarding the strategy.
CADCHF📉 Short Trade Idea❤✔Hey Everyone!!!!
The details is shown on the graph. Liquidity zone is broken as well as Stochastic Divergence occurs.
This, the CADCHF pair is expected to go down to the previous resistance (order block zone 100% (TP1 and TP2).
Let's see what happens
Good luck y'all🙌🏽😎❤
CADCHF LONGHi traders, as you can see below is market makers footprint, which is a good confirmation for an impulse to the upside. I expect the trendline to be broken and for structure to give us continuous HH &HL to the upside. Therefore, don't rush into impulsive trades, wait for price to come at significant/psychological level in order to execute and be patient. In addition, think big in probabilities and biases so you don't be disappointed when market doesn't play out the way you expected it to. Follow me for more weekly predictions and hit the thumbs up button, comment and share!
CADCHF Technical & Order Flow AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis
Based on our view the price will rise to the monthly level
DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and neither should you
Please support our analysis with a like or comment!
Let’s master the market together, share your thought and also encourage us to do more by liking this idea.
CAD/CHF has a strong bearish momentum, could it fall further?Price is rising into a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead to a price drop to our take profit.
Entry: 0.66482
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.6676
Why we like it:
There is a pullback resistance level
Take profit: 0.65881
Why we like it:
There is a pullback support level
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Long CADCHFOANDA:CADCHF Long trade Setup. Currently making new HH and HLs on daily Time frame. Pair formed inverse H & S on hourly TF and after DIvergence making new HH. buy @ CMP or at retest of neckline support. TPs and SL marked
CADCHFCADCHF is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.6680
What you guys think of this idea?
CADCHF SELL CADCHF,when you see a price rallying toward a certain price point, which is opposite to the trend which is bearish, we call it retracement since the price is trying to fill or revisit to its unfinished business, and this is what is happening
ladies and gentlemen welcome abord,
don't forget to follow me for more insights
CADCHF long movePrice has broken our supply zone, turn into demand zone and from the current price level i will want to see a retracement to the demand zone to open long position.
CADCHF, Back inside the range.Hello traders, welcome back to another market breakdown.
CADCHF has been trading around a Key Macro level. The bulls seem to be reclaiming a KEY Macro level many times which is a bullish signal. I'm waiting for the price to pull-back to the previous S/R zone.
Trade safely,
Trader Leo.
Long CAD/CHF againIn daily timeframe, the CAD/CHF is showing clear divergency in SlowStoch, company with RSI with same timing, both in over sold level and turned to North.
The price has touched the long term down trend bottom line, it could retrace to the down trend top line area on Feb 26.
Stop if the price break down the down trend channel bottom line level.
Similar long trade for AUD/CHF, NZD/CHF.
CADCHF - NEW BREAKOUT 📉Hello Traders !
The CADCHF Price Failed To Break The Resistance Level (0.66700 - 0.66890).
The Price Formed a Rising Wedge Pattern.
The Support Line is Broken !
So, I Predict a Bearish Move 📉
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TARGET: 0.66020🎯
CAD/CHF 4HR // 16 April 2024 AnalysisCAD/CHF has a great uptrend on the 4H timeframe as we can see.
Waiting to see what the price does around the 0.66000 area.
Potential buys if it bounces back and respects the trendline, if not, will wait for a break and retest of the level.
CADCHF long move
There is a break on our resistance level. i expect the price to experience the retracement phase to the breakout point and from here we cloud see price moving upside.
CADCHF Potential DownsidesHey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.66600 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area.
Trade safe, Joe.
CAD/CHF Side way Market order using resistance and supportCAD/CHF Side way Market order using resistance and support
CAD/CHF Eyeing Key Reversal: Watch the 0.66 Pivot!The chart indicates that the CAD/CHF currency pair may be heading for a retracement starting around the 0.6610 level. This area is significant because it coincides with the 0.5 Fibonacci level where previously we saw a sharp price increase, suggesting it's a strong order block level. The trend from 0.6463 to 0.6720 shows strong bullish momentum. Both the Fibonacci and the order block levels highlight a key zone ranging from 0.6610 to 0.6587. For this scenario, a stop loss is recommended below the 0.6588 level.
