CADCHF is trading on a key daily support at the moment. We can see that the price violated the underlined structure but then suddenly bounced and returned above that. It makes me think that it might be a bear trap. We may expect a pullback to 0.6477 now. ❤️Please, support my work with like, thank you!❤️
The currency pair has been falling since 6 June 2023... It's gone on a strong downtrend channel, which has not been good for the Canadian Dollar. Lately it's formed not one but TWO bearish chart patterns. M Formation and Inv C&H And the price has broken below both the neckline and brim level. This means, there is more downside to come with a target of...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 CADCHF has been stuck inside a big range between 0.65 support and 0.68 resistance. At present, CADCHF is retesting the lower bound of the range. Moreover, it is retesting the lower bound of the red channel. 🏹 Thus, the highlighted red circle is a strong area to look...
0.64667 zone had been respected from the may month for Canadian dollar vs Swiss franc and whenever the price reached near this zone we saw a great move to the upside, the recent move shown a demand and which resulted in great price push all the way up to 0.68263. I expect a potential upward move from this level, if you trade this pair do wait for the...
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 upward direction. ❤️ Please, support our work with like & comment! ❤️
CADCHF bounced from a major support level on the daily time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have...
#CADCHF Buy Idea ................................................................
📉 CAD/CHF: Navigating the Elliott Waves for Short Trade Success 🌊📉 Embark on a strategic journey through the waves of CAD/CHF as we unveil potential short trade opportunities using the precision of Elliott Wave Analysis. Decode the intricacies of wave patterns, pinpoint key resistance levels, and explore advanced strategies crafted for short trades. This analysis...
Please pay attention we need LTF confirmation to execute the sell position. If you have questions feel free to ask. 💡Wait for the update! 🗓10/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
📈 CADCHF: Charting the Path to Success with Elliott Wave Precision 🚀 Embark on a journey through the world of CADCHF, where we explore the potential for an exciting long trade. Our guide for this adventure is Elliott Wave Analysis, a powerful tool that unveils the intricacies of market movements. We'll decode complex wave patterns, identify crucial support...
In the context of a supply and demand strategy for the CAD/CHF currency pair, we observe that the price has reached a demand zone after breaking through a significant market structure. Our objective here is to identify a strong upward momentum, indicating that the price might either touch the supply zone or potentially break above it.
CADCHF bounced from a major support level on the 4 hour time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart CAD to be volatile during BoC interest rate decision today (25/10/2023) We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and...
Hello Traders In This Chart CADCHF HOURLY Forex Forecast By FOREX PLANET today CADCHF analysis 👆 🟢This Chart includes_ (CADCHF market update) 🟢What is The Next Opportunity on CADCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Price could bounce off our buy entry at 0.6563, which is an overlap support level, aligning with the 50% fibo retracement. We could also have a late entry at 0.6573, which is slightly above our buy entry for the bullish continuation trade. Our stop loss is at 0.6522, which is below the swing low support level. Take profit is at 0.6617, which is before the overlap...
Price is at our buy entry now at 0.6526, which aligns with the 50% fibo retracement and is a pullback support level. Our stop loss is at 0.6484, which is below the multi-swing low support level. Take profit is at 0.6561, which is at the swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
CADCHF Trade Plan Timeframe: 1H #Forex #CADCHF #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve #NASDAQ #USTECH Hey traders! 👋 Let's dive into a potential trading opportunity on the CADCHF pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 1H- timeframe, we've been witnessing a...
CADCHF weekly data is suggesting an incoming price shift to the upside soon. KEY NOTES: Weekly HIGHER LOWS on histogram. SIGNIFICANT ACCUMULATION on weekly data. BREAK in Weekly Downtrend line. An incoming breakout in OIL price (after correction) equates to strong CAD. Spotted at 0.6650 TAYOR Safeguard capital always.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting