CADCHF tested a key daily rising trend line today. On an hourly time frame, we see a nice example of a bearish trap with a formation of a strong bullish imbalance afterward. I think that the pair may keep growing now. Goals: 0.6489 / 0.6498 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! CAD/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.653...
🎗️Pair of Name : FX:CADCHF ( Canadian dollar / Swiss Franc ) 🕞Time Frame : 4H ✔️Direction : Short ➕Type : Swing High to Low Mid low ———————— 🏷️Description -------**-- Price is reacting as predicted.
It is an aggressive sell position. The price collected the buy side liquidity on the daily time frame and closed the candle body below the FVG that made it as an inversion and strong resistance. So now we can expect the price start the bearish move from here or from the bearish breaker. I said it is an aggressive position because we enter it before the market...
🎗️Pair of Name : FX:CADCHF ( Canadian dollar / Swiss Franc ) 🕞Time Frame : 4H ✔️Direction : Short ➕Type : Swing High to Low Mid low 🎓Educational setup. ———————— 🏷️Description -------**-- As we can see, price in this triangle and we are now waiting for a retest or a clean breakout and a retest of the trend line. I have marked out where I'm expecting the break...
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 formed a double bottom formation on a key horizontal support on a 4H time frame. Its neckline violation is an important bullish signal. We can expect a bullish movement at least to 0.654 ❤️Please, support my work with like, thank you!❤️
Today's focus: CADCHF Pattern – Continuation Support – .6502 Resistance – .6540 - .6549 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the CADCHF on the daily chart. Today, we have broken down what looks like a continuation pattern playing out. Looking at price, we can see a retracement that came to a stall point, setting up...
Hello,Friends! Previous week’s green candle means that for us the CAD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.644. ✅LIKE AND COMMENT MY IDEAS✅
In this chart we have spot a bearish divergence at 1H & 4H time frame. and we also seen that it creates a HH & then start making LH & LL. with the help of Fib Retracement we also seen 0.382 value
It has been more than 4 months since our last analysis on the CADCHF pair (October 10 2023, see chart below), which was a sell signal that hit directly our 0.64800 Target: The current signal is no different, as the continuous rejection on the 1D MA200 (orange trend-line) since February 13, is giving a strong sell signal, which will be confirmed once the 1D...
Sell opportunity on Daily time frame. To notify analysis and the free signals: Boost and follow, Comment for more. Observe the money management (Use 1 % of your balance for each signal) and the stop loss.
✔️Hello traders, Let's review and go over analysis and strategies for CAD / CHF. As we can see after price broke out of this pattern, prices tremendously gone to the upside. And we are expecting a breakout of this resistance area We are expecting a breakthrough reaches continuation phase Up to this turnover trend line And then maybe a break of it continuation...
Calling all traders! 📢 If you're on the lookout for a lucrative short opportunity, look no further than CAD/CHF! 📉 With external liquidity out of the picture, the conditions are primed for a strategic move. Here's the scoop: the Canadian dollar (CAD) and Swiss franc (CHF) have been dancing to their own tunes lately, detached from external influences. This...
CADCHF price action shows: (1) 1H & 4H Divergence (2) Double Top Reversal (3) Trendline Strong Resistance Confirm bearish bias. ***Trade Plan (Bearish Bias)*** SL: Previous Top/Resistance Entry Price: Previous HL/ Sell Stop TP: 1:1 Reward & Strong Support
💵Pair Name CAD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 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 ) Mid Term Type : Mid Term Swing —————————— Bullish...
H4: Pointing Upwards (H1 is overbought) D1: Up (H4 is overbought) Moving Average: Against Daily MA H4 pointing upwards Pattern: M30 AB=CD Strong resistance at 0.6490 - 0.6510 30 pip stop loss. 60 pip target Why are we taking this? 1) H4 and H1 is overbought 2) Strong structure 3) Yesterday's high 4) Lots of divergence
Hello,Traders! CAD-CHF is already making A bearish pullback from The horizontal resistance Of 0.6514 and I think That we might see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!