CADCHF trade ideas
CADCHF Trading Plan - 18/Jun/2024Hello Traders,
Hope you all are doing good!!
I expect CADCHF to react from the highlighted zone.
Currently CADCHF is in bigger correction & I am still seeing the potential bigger move towards upside.
Plan to Trade:
If market starts to correct from current levels upside, then short term sells are possible.
Look for your BUY entry setups as per the above expectations.
Your follow and like will be a token of appreciation.
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.
SELL CADCHF for downtrend continuation STOP LOSS : 0.6538SELL CADCHF for downtrend continuation
STOP LOSS : 0.6538
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
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
Long CAD/CHFThe price touched side way channel bottom line area, it is 50% retraction.
RSI is in divergency. Stoch RSI is in over sold and possible will have golden cross soon in 4 hours time frame.
In a bigger time frame (daily), the current price could be a retraction back to previous important support line.
Try to trade long.
CADCHF: Strong Bearish SignalFollowing a significant downward movement, the CADCHF pair spent a week consolidating in a tight range on a 4-hour chart.
Today, there has been a bearish response on the pair as it broke below the lower boundary of the range.
I believe that the market could now be poised for a downward trend, with the nearest resistance level at 0.643.
CADCHF: 500+ Pips Buying Opportunity, Do not miss out! Dear Friends,
Cadchf is in swing bearish move, we are expecting price to continue dropping 0.62 or 0.63 area where we can expect price reverse strongly. Expecting target of 500+ pips, please use accurate risk management while taking the buy entry.
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Team SetupsFX_
CADCHF - Strong Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our last analysis, attached on the chart, CADCHF has rejected the red circle resistance and traded lower.
What's next?
Currently, CADCHF is hovering around a strong support zone marked in green.
🏹 As long as the support holds, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF, expect multi-weekly gains. HUGE price shift coming!I'll keep it simple.
When monthly data tells you something, don't doubt anymore.
SEED on this pair then leave for a few months. Upside prospect pricewise + Positive long swap for interest rates. Double win. :)
KEY NOTES:
MONTHLY PRICE SHIFT, first one in ages.
HISTOGRAM SHIFT. Huge hint.
FIRST bubble up volume since June 2022, first one after a year!
No brainer. One of the pair to look out for the year.
Spotted at 0.6750
TAYOR
Safeguard capital always.
CADCHF My Opinion! BUY!
My dear subscribers,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6511 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6516
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK