CADCHF - BULLISH MOVE 📈Hello 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 📈.
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TARGET: 0.64940🎯
CADCHF trade ideas
CADCHF Technical Analysis and Trade IdeaThe CADCHF has been on an upswing lately, reaching a critical resistance level. This is indicated by higher highs and higher lows on the daily and 4-hour charts. We are looking for a pullback to the 61.8% Fibonacci level as a potential entry point for a long trade. However, it is important to remember that this is just speculation and should not be considered financial advice.
CADCHF: Overbought Time To SellPrice is rising towards the overlap resistance zone which also aligns with the 127.2% Fibonacci retracement. As you can see, the RSI indicator is also in the overbought territory.
I believe a reversal from this zone could lead the price to fall to the support level which is also a pullback support.
I'm bearish biased!
✅CAD_CHF WILL GO DOWN|SHORT🔥
✅CAD_CHF is going up now
But a strong resistance level is ahead at 0.6505
Thus I am expecting a pullback
And a move down towards the target at 0.6477
SHORT🔥
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CADCHF Trading Plan - 07/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect CADCHF to go Down from these levels.
Potential B wave of bigger correction is almost completed.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
CADCHF Will Go Down! Short!
Here is our detailed technical review for CADCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.647.
Considering the today's price action, probabilities will be high to see a movement to 0.642.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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CADCHFFundamental news and divergence in the indicator is the reason for the price falling to the specified target
CADCHF FOR SELLERSThis pair has always been a downtrend therefore makes sense to look for selling opportunity to capitalize on the trend. Market is at the supply price where I believe the sellers will enter the market.
CADCHF What Next? SELL!
My dear friends,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6471 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short ) signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.6450
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
CAD/CHF +65 Pips 0 Drawdown , New 2 Entries Valid Soon !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADCHFCADCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
CADCHF Immediate Low Risk Sell Scalp Idea (For Gigachads Only)I spotted a nice trade according to my usual rules. Here are some confluences that influenced the trade:
1. A recent close of a market maker model.
2. Target Liquidity is a good distance away.
3. A market structure shift to signal the beginning of a trend change.
4. A fair value gap that accompanies the market structure shift, which shows just how strongly the price wants to reverse.
CADCHFPoleback is broken to the trend line and the upward trend is likely to continue until the specified target
CADCHF Short Scalp.Close of a MMBM and MSS leads me to believe that this will be a good reversal signal.
CADCHF SetupThis is my Setup to go LONG on CADCHF. In this setup, I am targeting Unmitigated OF and unmitigated OB for my Long entry.
CADCHF: Short Trade Explained
CADCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short CADCHF
Entry Point - 0.6445
Stop Loss - 0.6462
Take Profit - 0.6413
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
CADCHFThis Week FORECAST
Opportunity for CADCHF. Pair CADCHF make new entry zone at Weekly, so can entry at that zone. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
CADCHF Sell ScenarioToday, we will analyze CADCHF
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
CADCHF Long SCALPweakness in reds!
it will retest the supply before move!
long with not more than 1% of the capital.
Short cadchfPrice has retraced into the 50% fib after forming a double top/ respecting trendline/ breaking the trendline to the downside. I'm shorting cadchf risking 1%.
