CADCHF BEARISH FLAGBearish flag formed on CADCHF 4HR time frame, Entry on the break of the bottom flag trendline and estimated take profit should be around 0.65171 area
CHFCAD trade ideas
Liquidity zone Market was in a uptrend but we didn't get a clear uptrend structure so now we have to go short and touch the supply level in order to go bullish so that's why I short the market and we have double top
CAD/CHF at Fibonacci 0.5A good rejection at 0.66000 as a classic resistance and also as a psychological price level. On the daily chart, there are 2 doji candles followed by a large bearish candle, indicating a potential price reversal marked by the initial formation of Lower Low (LL) and then Lower High (LH).
SL: 0.66046 (20 pips)
TP: 0.65246 (+3)
CADCHF - Bullish TrendCADCHF in bullish trend formed bullish flag continuation pattern.
Trade will be triggered if price crosses up Higher high.
After that buyers will remain in control.
Bearish drop?CAD/CHF is reacting off the pivot which acts as a pullback resistance and could fall to the 1st support.
Pivot: 0.659903
1st Support: 0.65474
1st Resistance: 0.66173
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CADCHF, i am selling againI like the rejection on the fibonacci levels so i predict that the price will keep falling.
CADCHF - 3 EASY Trades!In one of our earlier analysis, we posted a massive short where we banked over 900pips!
Now that the bearish trend has completed, we are now in bullish territory.
CADCHF is currently in a big bullish ABC correction. Wave B tends to be a complex one and that is what we are currently focusing on.
We have 3 trades lined up for CADCHF.
Trade 1.
- watch for price to complete current retracement
- Entries are valid anywhere below the highs
- Watch for break of the retracement for continued weakness
- Stops above highs
- Target: 0.664 (150pips)
If this post gets enough engagement, we'll update how to enter with confirmations for trade 2 and 3.
Goodluck and as always, trade safe!
CADECHF IS IN BULLISH TRENDCADCHF is in bullish trend it going to start printing Higher High and Higher Low my trade plane is it retraced 0.50% of fib level and stop loss is below the last lower low
CADCHF is BullishPrice was in a strong downtrend, however after the emergence of bullish RSI divergence on 15 min time frame, it seems that bulls are waking up and trying to gain control of the price action. First higher is printed successfully, and break of this one would confirm a bullish reversal. Targets are mentioned on the chart.
CADCHFCAD/CHF we have been holding onto this trade for 6days now we are currently looking at adding another position to maxsium our profits.
Take your time.
have a good week traders
CADCHF - 4hrs ( Buy Trade Target Range 120 PIP ) ☑Pair Name : CAD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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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
Key Technical / Direction ( Long )
Type : Mid Term Swing
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☑Bullish Reversal
0.64900 Area
Reasons
- Major Turn level / M
- Choch Zone
- Channel middle Band
- Quarter's High Area
- Fibo Golden Zone
☑Bearish Reversal
0.66150 Area
Reasons
- Major Turn level
- Visible Range lvn
- Fixed Range Poc
- Choch Zone
- Pattern Retest
- Foibo Golden
CAD/CHF continues the downtrend On CAD/CHF, it's nice to see a strong sell-off from the price of 0.65810 and 0.66010. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area are my main reasons for this short trade.
Happy trading,
Dale
CADCHF BullishCADCHF has formed bullish divergence and a double bottom reversal pattern indicating possible trend reversal. A buy stop order is place at the breaching point of neckline if price action continues upwards.
CAD/CHF 1D // 04 July 2024 AnalysisCAD/CHF has been in a downtrend for quite a while now.
We can see that the price is approaching the trendline again, with an area of support/resistance marked.
If the price resects the trendline and shows us a good rejection from the trendline as well as the area, we can look for sells.
A good first target can be the area around 0.65510 price.
I will be sharing another idea for the same by zooming into the current price and support/resistance area as this map is quite zoomed out.
CAD/CHF Daily AnalysisPrice has produced a text book break and retest of the the 0.6600 zone with a strong bearish candle on the final day of trading last week. There is potential for more downside in the new week.
SETUP COMPLETED WELLCADCHF completed as we analysed for now it a better time to stay out the market and hunt another Opportunities
We exchange Patient with Money $$$
Lets Goooo🚀🚀🚀🚀
shorting CADCHF on NFPcadchf is at the ideal zone for potential shorts.
confluences.
1. it is at the 0.702 fib retracement level of the daily trading range
2. it is at a the neckline of a triple top pattern
3. it is at a bearish order block
4. the close of today's daily candle stick
CAD/CHF 4HR // 04 July 2024 AnalysisThis is just a zoomed in view of the previous idea published for a better view and understanding.
CADCHF long Fibonacci Retracement Levels:
The chart shows Fibonacci retracement levels at 38.20%, 50.00%, and 61.80%.
The price seems to have retraced to around the 50% level and is currently hovering slightly above it.
Moving Average:
The 200-period Simple Moving Average (SMA) is plotted on the chart, currently at approximately 0.65750.
The price has crossed above the 200 SMA, indicating a potential shift to bullish momentum.
Support and Resistance Levels:
Immediate resistance is around 0.66100, as indicated by the red horizontal line.
Previous support turned resistance levels are at approximately 0.67032, 0.67216, and a lower support level at 0.64632.
Volume Profile:
Visible Range Volume Profile shows significant trading activity around the current price level (0.66008), indicating strong support/resistance.
CADCHF - In Bullish Trend after reaching PRZCADCHF can be seen making an ABCD Bullish Reversal Harmonic pattern in 15m time frame. Just before reaching point D (PRZ) the trend reversed to bullish due to a divergence in 5m time frame. I took an entry after applying Fib Retracement.
The Signal is:
EP: 0.66059
SL: 0.65958
TP: 0.66160
RR: 0.5%
Lots: 0.46
CADCHFCADCHF bearish idea, as per daily time frame price retraced more than 0.618, on 4H time frame there is a bearish divergence on RSI, it's signing that price may be revers from the current price zone, trade idea is short from the current market price, stop loss last higher low and first tp according the RR:1
CADCHF 4HHello traders welcome back today i am goiing to smash for CADCHF
so who ever interested getting more follow and earn money with me
cadchf long ideacad is at a critical point across many pairs. Either we make a fresh yearly low or we reverse up from around 64500 mark.
target points are in green with eventual target at the 0.70 mark
