#CADCHF is following back the support for another dip down below likely to form a triple bottoms pattern which can create another rally to the upside in the future.
Hello Traders,
Exciting potential awaits on the CADCHF pair! Currently, we've spotted a bearish flag pattern forming on the 4h timeframe. A break from this formation will serve as a strong confirmation of continuing bearish momentum.
Another key element to watch out for is the inside bar. A shift past its limit into a new low will underline the dominant bearish...
Here is my analysis for CADCHF on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
📈 Forex Trading Analysis 📉
CAD/CHF in Sideways Channel - Potential Trade Setups!
#Forex #CADCHF #TradingOpportunity #SidewaysMarket #TechnicalAnalysis
Hey traders! 👋 Today, I want to share an exciting opportunity in the CAD/CHF currency pair. The 1-hour chart indicates that the market is currently moving sideways, which presents an excellent chance for us to...
CADCHF is under enormous sell pressure. Currently the market is retracing the previous selloff, as the pair is already retraced to 50% , now it seems like market is getting ready for another sell off.
CADCHF is testing a key daily resistance.
The price broke and closed below a support of a rising wedge pattern
as a confirmation.
I expect a retracement now.
Goals: 0.6563 / 0.65485
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Hello,Traders!
CAD-CHF is already making
A pullback from the resistance
Of 0.6622 so I think that we will
See a further bearish move down
Sell!
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We can clearly see that price is now re-testing strong support zone.
Also we have bullish flag pattern here.
Ready for buy
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
FX:CADCHF OANDA:CADCHF FOREXCOM:CADCHF
CADCHF already had a double bottom on the daily and is about to go up to upper bollinger band. Sentiment is currently at 90% long so likely to ascend. Exit at first supply zone @0.68
CADCHF has recently formed a double bottom pattern, and for a bullish breakout to be confirmed, it needs to surpass a key level. This breakout is crucial to anticipate a continuation of the upward rally. Additionally, a significant buy back was observed at the major support level, indicating robust bullish activity at the bottom.
hello everyone, there is high possibility of double bottom... price at support zone, wait for couple of bars to be bullish or break out of structure...
target 0.67
good luck
✅CAD_CHF is about to retest a key structure level of 0.6611
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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🔰 Pair Name : CAD/CHF
🔰 Time Frame : 4H/ DAILY
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SELL
📈From a fundamental perspective, the CAD (Canadian Dollar) and USD (United States Dollar) share a strong correlation due to their economic ties. The majority of Canada's trade is with the US, making it susceptible to economic events and policies in the US, which...
Take a look at our analysis for CADCHF.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.649.
The above observations make me that the market will inevitably achieve 0.655 level.
P.S
The term oversold refers to a condition where an asset has traded...
Hello Traders👋🏻
On The Daily Time Frame The CADCHF Price Reached a Support Level (0.66430 - 0.65980).
Currently, This Key Level is Broken (Support Becomes New Resistance Level)🔥
So, I Expect a Bearish Move📈
i'm waiting for a retest...
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TARGET: 0.65000🎯
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Hello,Traders!
CAD-CHF is going down
To retest the horizontal
Support level of 0.6496
So after the retest I will
Be expecting a rebound
Buy!
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Following on from our last CADCHF post, which resulted in a full TP of 900pips, we have found another great opportunity.
We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade.
Trade...
On CAD/CHF, we have a bearish setup: there's a trendline supporting the price decline. The price at the level of 0.6540 has broken the low of July 21st, and what I expect is a retest of the break, and if there are operational confirmations, one could consider opening a short position. Personally, I don't have a strategic operation in this exchange. What I see is a...
