Hi Traders CAD/CHF Multi-Timeframe analysis H1 CHART ( BULLISH ) A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario. Support & Resistances 0.70789 0.71094 0.70455 0.71331 0.70165 0.71621 H4 CHART ( BULLISH ) A very...
Hi Traders CAD/CHF Signal (4H Timeframe) A medium to high probability, entry to go LONG is forming @ 0.70607 after the market found support @ 0.69993. Only the downward break of 0.69993 would cancel this bullish scenario. Trade details: Entry: 0.70607 Stop loss: 0.69993 Take profit 1: 0.70969 Take profit 2: 0.71583 Take profit 3: 0.72584 Score: 8 Strategy:...
CADCHF, Retesting Break out! Strong Resistance Becomes Support!
.... Then we shall see...
CADCHF BEARISH SHARK PATTERN Market Sell Order Set Up. Sell Entry: (0.70415) Min Take-Profit: (0.70002) Max Take-Profit: (0.69534) Stop-Loss: (0.71070) Max Risk-Reward: (1.35) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
CADCHF BEARISH ALT BAT, WAVE CORRECTION Market Sell Order Set Up. Sell Entry: (0.70171) Min Take-Profit: (0.69754) Max Take-Profit: (0.69489) Stop-Loss: (0.70581) Max Risk-Reward: (1.66) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Price is currently reacting from a zone of interest and we may get a bearish engulfing candlestick close on the open of the London session.
CADCHF BEARISH BAT PATTERN Market Sell Order Set Up. Sell Entry: (0.69862) Min Take-Profit: (0.69554) Max Take-Profit: (0.69362) Stop-Loss: (0.70186) Max Risk-Reward: (1.54) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
CADCHF BEARISH SHARK PATTERN Market Sell Order Set Up. Sell Entry: (0.70489) Min Take-Profit: (0.70213) Max Take-Profit: (0.69996) Stop-Loss: (0.70764) Max Risk-Reward: (1.79) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
fter nearly 6 months of consolidation, we saw the bottom fakeout and the begining of the rising up of the Canadian currency. At the 66.7% fibo level, we saw the beginning of the start movement and the creating formation of the HnS pattern. At the moment, we expect a retest of the neckline and another drop down. If the market does not negate the pattern, we expect...
The Darkest hour is that before the down, the great hope and light which always draws you towards itself. In Elliott wave analysis, these sparkling lights are the patterns, and when we encounter a pattern, we can build the whole path. What we have learned in Elliott's rules is the importance of the patterns, the most valued of these patterns are Diagonal and...
CADCHF ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Hello my friends, Another setup to trade is CADCHF pairs. As you can see CADCHF moving inside a descending channel for the last 2 months. I don't see any pattern to confirm a breakout yet. As long as price inside this channel, we will only look to sell. There is a double top pattern and price currently retracing at 61.8% fibonacci level. Exactly at this area,...
CADCHF just broke a trend and a support so we will wait for a retest at that zone to go short
The impact of Sellers in February 2020 (Bearish Impulse leg that lasted a month on the weekly chart - ) appears to be too strong for the Buyers to gain that confidence needed to invest in the CAD. With the present Head and Shoulder look alike, I shall be patiently looking out for a significant Breakdown of Neckline and Support level @ 0.69300 to hop in the...
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 traders to make independent investments decisions
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.