CADCHF trade ideas
CADCHF: Short Signal with Entry/SL/TP
CADCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short CADCHF
Entry Point - 0.6274
Stop Loss - 0.6291
Take Profit - 0.6246
Our Risk - 1%
Start protection of your profits from lower levels
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Chart pattern breakout strategygood day traders, this is my share of analysis on the CADCHF as we can see we had a descending triangle chart pattern, which is now broken buy the bulls on the upside indicating there might be a bullish movement next. The breakout occurred and the price is retesting the dynamic resistance, so If the H1 candle closes as a bullish candle then we should look for buys to the TP1 or TP2 depending on your r:r
note-I'll enter after a bullish candle confirmation on H1 or M15 timeframe, kindly share your opinions about this analysis or what CADCHF will do
CADCJF short bullish push expected technically based
CADCHF we can see SYMMETRICAL EXPANDING TRIANGLE is created, currently price on strong zone 0.62900, here on this zone expecting to see bounce.
Technicals are also strong bullish.
Crucial zone is here on 0.63200, if see break or strong bullish push on this zone, that will be good sign for bullish trend here.
TP: 0.63950 (90)
Expect updates on time.
CADCHF is setting for the big move upBoth currencies have been weak, but the CAD is strengthening faster. Price action is favourable.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
CAD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
CAD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.622 area.
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CADCHF Will Fall! Short!
Please, check our technical outlook for CADCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.626.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.624 level soon.
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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CADCHF On The Rise! BUY!
My dear subscribers,
This is my opinion on the CADCHF next move:
The instrument tests an important psychological level 0.6217
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.6242
My Stop Loss - 0.6204
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
CADCHF Elliott Wavehello friends
We see the formation of a clear impulse pattern in the CADCHF currency pair.
After this wave, which can be 1 or A, we see the formation of waves that overlap each other.
We call these waves 2 or B. This is a correction wave.
Therefore, we expect the price to grow up to the ceiling of the drawn channel and then break and pull back to it and continue to climb.
The first target is 0.6300 and the second target is 0.6500.
Keep in mind the stop loss range of 0.6190.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
CADCHF - Technical Analysis [Short Setup]🔹 CADCHF Analysis on 1HR chart
- The current Trend is Bearish
- Bullish divergence is present
- First we short to point D which is reversal zone, if trend reverse then we long
- AB=CD pattern is form
🔹 Trade Plan
- Entry Level = current
- Stop Loss = 0.62444
- TP1 = 0.61860
- TP2 = 0.62135
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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CADCHF The price recently reacted off a Daily Fair Value Gap (FVG) and has begun to print higher lows HL which is asig of weakness of bearish trend.
Following a sweep of inducement on the 4-hour chart, the price made a bullish structure break and is currently pulling back within this bullish 4-hour structure.
On the 1-hour chart, the price is reacting off a 1H BPR and has exhibited a 1H structure shift accompanied by displacement.
My POI for entering a long position is the 1H FVG located in the discount area, with confirmation to be obtained from a lower timeframe, with targets at EQH or Weekly Bearish OB.
Disclaimer applies.
#NFA