CADCHF LONG - STRONG AREA OF CONFLUENCE!Waiting for a break and retest of 064747 to long CADCHF back to 4H swing high at 0.65507 If you agree drop a like and if you have any questions leave a comment :)Longby mikoaodu117
CADCHF LONG Weekly: + Market structure (trend is bearish) + Candle close + Zone *First time we break the weekly downtrend, possible is that it becomes a fake out. But we have a strong S&D zone in our advantage that can act as support Daily: - Bullish market structure - Bullish M with IC *We broke a very strong S&D zone, that comes with a lot of power! *Bears are taking over BUT we see at the moment that bears are coming corrective to our S&D zone. Bigger bears are probably sitting higher 4H: - Waiting on entry criteria - Impulse is to the upside, correction to the downside for meLongby SimonVerlinde2
๐๐ฐ **Jumpstart Your Trading Game: Short Opportunity on CAD/CHF Calling all traders! ๐ข If you're on the lookout for a lucrative short opportunity, look no further than CAD/CHF! ๐ With external liquidity out of the picture, the conditions are primed for a strategic move. Here's the scoop: the Canadian dollar (CAD) and Swiss franc (CHF) have been dancing to their own tunes lately, detached from external influences. This independence sets the stage for a focused, high-potential short position. The CAD has been showing signs of vulnerability, facing headwinds from uncertain oil prices and mixed economic data. Meanwhile, the CHF, known for its safe-haven status, tends to thrive in times of market uncertainty. This dynamic duo presents a compelling setup for traders looking to capitalize on diverging trends. Why short CAD/CHF? Picture this: as risk sentiment fluctuates and market dynamics evolve, the CHF could gain strength against the CAD, amplifying potential profits for savvy traders who position themselves accordingly. But remember, success in trading requires careful planning and execution. Keep a close eye on key support and resistance levels, monitor market sentiment, and be prepared to act swiftly to seize the moment. So, ready to take advantage of this golden opportunity? Dive into the world of CAD/CHF trading and make your mark in the financial markets! ๐๐ผShortby Asif_Brain_Waves227
CADCHF in SHORT POSITIONBEARISH INDICATIONS: .DOUBLE TOP formation .BEARISH divergence on RSI .Projection complete on same zone Shortby anumurooj20200
CAD CHF finally ready for move higher ?Hi Guys, The CAD CHF has faced relentles selling for quite some time now and bears have just kept grinding the price further and further down. It seems that we may have come to a bottom for the time being at least and we may get a reversal. The AUD CHF has also strengthened and the CHF JPY is finally showing some weakness after a massive run up over the last two years. I'm not across the board with macro factors apart from keeping an eye on news events so I'm not sure what the change in sentiment against the Swiss Franc but the charts tell the story. Currently this pair has made CHOCH and BOS on the 1 hour time frame and I am looking at a pullback into the orange highlighted boxes to initiate a long trade. Those boxes have the 20MA 50 MA and the AVWAP from the low acting as potential strong support as well as the usual reisitance support flip. A harmonic bat pattern has formed with entry coinciding with the red box highlighted resistance zone. Looking left that zone has been used recently on numerous occasions as both support and resistance so its highly likely price will react to it when it reaches there. 4hr RSI is in overbought and showing divergence so we may well see a drop in price hopefully only to the support area I mentioned and not further down. I will be looking for a sell setup around the resistance zone down to take profit at the first buy zone and initiate a long position if I can see clear support and get a nice setup. Safe Trading allLongby elyask1201
CADCHF Double Top, 1H & 4H Divergence (Bearish Bias)CADCHF price action shows: (1) 1H & 4H Divergence (2) Double Top Reversal (3) Trendline Strong Resistance Confirm bearish bias. ***Trade Plan (Bearish Bias)*** SL: Previous Top/Resistance Entry Price: Previous HL/ Sell Stop TP: 1:1 Reward & Strong Support Shortby halian2k555
CADCHF ๐ Long Idea โHope you all enjoyed my previous forecasts and ideas about other pairs. For this pair all the ideas are written on the graph. Local increasing channel, I believe, will continue until the previous major resistance zones. Good Luck for All ๐๐ฝโค๐ #forex #cad #chf #cadchf #tradingLongby TetanForexUpdated 2
CADCHF point .064100 must be touchedIn base of equilibrium in price action in daily timeframe .064100 must be touched.Shortby bittermoon581
CADCHF - 4hrs ( Buy Trade Target Range 150 PIP ) ๐ตPair Name CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ ๐ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ๐ Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing โโโโโโโโโโ Bullish Break 0.64650 Area Reasons - Major Turn level / M - Pattern Break - Month High Area - Fixed Range Poc - Fibo Golden Bearish Reversal 0.66250 Area Reasons - Major Turn level / D - Visible range lvn - Pattern Target - Fibo Golden Zone - Fixed Range Poc Longby GoldenEngineUpdated 8
CADCHF LONG IDEAGood Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. so far we are at 2R(FEB) JAN (6R)Longby johnkanglim90Updated 2
CAD/CHF SEllThese currencies have diverging outlook therefore provides a nice opportunity. We believe the running flat is complete and therefore the downtrend beginsShortby MlungisiMpapane2
CADCHFMarket is moving in bullish trend while there is a strong level of resisance ahead. I will only take bullish trend after breakout of that level and retest.by Forex_Guider1
A sell on CADCHF at the highH4: Pointing Upwards (H1 is overbought) D1: Up (H4 is overbought) Moving Average: Against Daily MA H4 pointing upwards Pattern: M30 AB=CD Strong resistance at 0.6490 - 0.6510 30 pip stop loss. 60 pip target Why are we taking this? 1) H4 and H1 is overbought 2) Strong structure 3) Yesterday's high 4) Lots of divergence Shortby JD_TeenTraderUpdated 3
CADCHF Bearish Opportunity - Orderblock SMC FVG๐ CADCHF Bearish Trade Setup - Notable Orderblock SMC FVG Identified ๐ Technical Analysis: CADCHF presents a compelling bearish opportunity as it approaches the Orderblock SMC FVG zone. Historical analysis suggests this area has served as significant resistance in the past. Monitoring closely for potential bearish confirmation signals. ๐ Trade Plan: Entry Point: Consider initiating a short position upon rejection or bearish confirmation within the Orderblock SMC FVG zone. Stop Loss: Place above recent swing high to effectively manage risk. Take Profit: Targeting potential support levels or prior lows. ๐จ Risk Management: Employ sound risk management techniques, ensuring exposure is controlled. Stay updated on economic events impacting CAD and CHF. ๐ Disclaimer: This is not financial advice. Perform due diligence and trade responsibly. ๐ Note: Continuously monitor price action for real-time adjustments. Happy Trading! ๐๐นShortby MAAwan1
CADCHF SHORT IDEAI have been following this pair for the last few days to see how it moves. This setups looks very good for a short. On daily TF there was 3 times rejection on this level 0.64952 and would expect market to go short. Daily Open of candle shows bearish movement. Lets see how this one plays out! If you are interested in my setups and would like to learn my strategy learn how I see the markets, hit me up in the comments!Shortby NasdaqBass1
CADCHF SHORT Weekly: + Bearish MS + S&D zone + FIB - Candle close 3/4 SHORT Daily: - Pullback with weekly/ daily trend - Impulse and 5 leg -27 FC correction - Fresh selling liquidity where we are closing below the selling zone 4H: - Possible ascending channel - H&S + Bearish W *Retail traders are possibly opening LONG positions right here which provides liquidity for big players on that weekly S&D zone Shortby SimonVerlinde3
CAD-CHF Will Fall! Sell! Hello,Traders! CAD-CHF is already making A bearish pullback from The horizontal resistance Of 0.6514 and I think That we might see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals1124
Buy cadchefPrice create falling wedge Wich is one of the reversal pattern let patiently wait for a retestLongby hashimsani011
CAD/CHF BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.644 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by itโs proximity to the upper BB band. โ LIKE AND COMMENT MY IDEASโ Shortby EliteTradingSignalsUpdated 2221
CADCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare2
CAD/CHF | Target 0.6525Rising Wedge identified at 08-Feb-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6525 within the next day.Longby forexinworld221
Sell scalping CadChfSell scalping CadChf I try to see lack of demand, and think I found them two orders sell below round and above round to somewhere as shown sl above Shortby LoibustianTraderEngineer1
CADCHF - BULLISH MOVE ๐Hello Traders ! On Friday 19 January, The CADCHF Price Broke The Resistance Level (0.64348 - 0.63840) This Key Level Becomes a New Support Level. So, I Expect a Bullish Move ๐. --------- TARGET: 0.64940๐ฏ Longby Hsan_BenhmedUpdated 3311