CHFCAD trade ideas
CADCHF mid term short. Price trending above Fib Zoneprice is trending above Fibonacci retracement zone of 0.618 and completion of the elliot wave count. Expecting a new higher low to be formed therefore completing the reversal in the trend. Expected TP 0.65900
S/L 0.66990
CADCHF: Bearish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current CADCHF chart which, if analyzed properly, clearly points in the downward direction.
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Analysis of the CADCHF currency pairAnalysis of the CADCHF currency pair
In the daily time frame, it is reaching its final target, a weak upward trend with corrections
CAD/CHF in Bullish TrendThe CAD/CHF currency pair is currently experiencing a bullish trend, indicating that the Canadian dollar (CAD) is strengthening against the Swiss franc (CHF). This trend suggests an overall positive sentiment towards the Canadian economy relative to Switzerland's. Traders observing the market dynamics may notice a series of higher highs and higher lows on price charts, along with potential confirmation from technical indicators such as moving averages. Fundamental factors contributing to this trend might include robust economic data from Canada, such as strong GDP growth or favorable employment figures, as well as factors like rising commodity prices, given Canada's status as a major commodity exporter. However, traders should remain vigilant of any potential risk factors that could reverse this bullish trend, including shifts in central bank policies, geopolitical tensions, or unexpected economic developments. Effective risk management strategies, such as setting stop-loss orders and closely monitoring market sentiment, are essential for navigating and capitalizing on bullish trends in the CAD/CHF pair.
CADCHF - 4hrs ( Buy Scalping Target Range 60 PIP ) 💵Pair Name : CAD/CHF
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🔗 Key Technical / Direction ( long ) Mid Term
Type : Mid Term Swing
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Bullish Break
0.65300 Area
Reasons
- Major Turn level / M
- Pattern Break
- Fixed Poc Area
- De Value Area
- Day / w High
Bearish Reversal
0.66200 Area
Reasons
- Major Turn level / D
- Pattern Target
- Month High Area
- Fibo Golden
- Ultra Volume
CADCHF | 1D IdeaPossible bullish pullback price movement on CADCHF towards the resistance 0.68000 within the next period.
CADCHF - Resistance Becomes Support 📈Hello Traders !
Previously, The CADCHF Formed a Symmetrical Triangle.
Currently, The Price Broke The Resistance Level (0.66006 - 0.65850).
This Key Level Becomes a New Support Level.
So, I Expect a Bullish Move 📈
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TARGET: 0.66700🎯
CADCHF LONG CONTINUATIONAnother great opportunity in my eyes. Theres a major level of interest which has already been respected and now moving higher. Im already in a long position but i will not be too surprised if cadchf drops down between 0.65895 and 0.65826
✅CAD_CHF BULLISH SETUP|LONG🚀
✅CAD_CHF is trading in an
Uptrend and the pair made a retest
Of the horizontal support of 0.6595
From where we are already seeing
A bullish reaction so I will
Be expecting a further move up
LONG🚀
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CadChf Bearish From the daily timeframe CadChf has gotten to a resistance which got it fall down then we had a BOS and OB
Cad/Chf Sell IdeaI use two Trend lines, one is for 15M TF, and the another one is for 5M TF, when 5M trend lione is break down, i enter on position.
SL is above of the previouse high
Tp is below of the next Low
risking 0.1% of the account
CADCHF Bearish Direction. With this pair I see a bearish move based on a retest of a formed supply zone which has now become the new demand area on the lower timeframes. RBR..
My trade idea is sell limit @ 0.66000 area
SL @ 35 pips ( 0.6650)
TP @ 0.65100
CADCHF - 4hrs ( IntraDay Sell Trade Target Range 90 PIP ) 💵Pair Name CAD/CHF
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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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 ( Short ) Intra Day
Type : Mid Term Swing
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Bearish Reversal
0.66000 Area
Reasons
- Major Turn level
- Fixed Range Hvn
- Counter Break
- Fibo Golden
- inner Choch
Bullish Reversal
0.65000 area
Reasons
- Major Turn level / M
- Pattern Target
- Choch Zone
- Fibo Golden
- Fixed Hvn
CADCHF looking for shortsCADCHF looking for shorts
4H : ascending channel plus 3 rd touch
1H : nothing much here
15M :
Breakout Alert CADCHF Steps into the Bull Ring After weathering a lengthy bearish season, CADCHF has shown a stellar performance, breaking through a major downtrend line. This key move, coupled with a breakout above a critical correction trendline, has put CADCHF firmly in the spotlight.
We’re now on the lookout for a retest of the correction trendline, which could set the stage for lucrative long entries. With price targets earmarked by red lines on our charts, there’s potential for both quick gains and more enduring positions.
For traders aiming to go the distance, maintaining a smaller position with eyes on the .77 supply area might be a strategic play as we watch CADCHF’s next steps in this new bullish chapter.”
#CADCHF bullish continuation moveIn the 4-hour timeframe, it seems like the long-term corrective move that started last month on the same day is over, suggesting that we could expect more bullish moves in this pair.
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CADCHF, classic reversal. Hello traders, welcome back to another market breakdown.
CADCHF has been trading around a Key Macro level. The bulls seem to be reclaiming a KEY Macro level many times which is a bullish signal.
Trade safely,
Trader Leo.
CADCHF STRUCTURE Hey guys I know it has been a long time coming since you guys heard from me, I was in the shadows making sure I put in the extra reps for you guys trading to be better
This is the market structure we will be following, set your pending orders and allow the market to flow towards you, do well to like share and follow
CADCHF - 3/4 - BuyPrice is within a SR zone looking bullish to break. Slight retracement into Daily demand with a bounce off of demand and bullish trendline.
Bullish engulfing off the bounce on higher time. Smaller time frame shows CHOCH with a possible bullish shift as price rejects the 61.8 on fib of the bullish leg.
Aiming for monthly zill zone which is between the -27 to -61.8 extension fib off the monthly bullish candle.
CADCHF , confirmation of a sell signalConfirmation from the previous idea of this pair we expecting price to reverse and possibly leaving a sell signal. Price today retested the daily high at 0.66481 confirming a clear double top signal. Our exit point is 90 pips away 0.65554. All possible sources of confluence suggest we could sell this pair for the short-term.
LONG CADCHFThis is the direction of the market. CAD looks bullish as we can see on the previous candles. If we break this X high we wait for the price to consolidate and take longs once the market stays bullish by breaking the highs of the 15m timeframe.
