Should we break below 0.67324 on Daily or 4h and close below that price level, we should go to down to 0.66687. Sell/Short opportunity
I believe that this pair will go lower if a lower high is created
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
so CADJPYgave us a sell pattern for this week open, i hope to see New lows created this week in the zones marked out. *NOT FINANCIAL ADVISE* Do your own analysis or seek financial help
The CADCHF chart is currently exhibiting a pattern of higher highs and higher lows, indicating an uptrend. However, it recently broke its previous higher low (HL), resulting in a change of pattern. The chart is now forming lower lows (LL) and lower highs (LH), which suggests a shift towards a downtrend. Additionally, the CADCHF chart faced rejection or...
PRICE ACTION ON CADCHF moved impulsively from a reversal wedge formation and has also printed a head and shoulders for confluency.. looking forward to short the current continuation flag like formation on the break with stops just above the top
Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance, took the liquidity above equal highs and then rejected from bearish order block. My target is the imbalance lower. Like, comment and subscribe to be in touch with my content!
On the 4-hour chart, the trend started on May 18 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.6562 But do not forget about the SL = 0.6720 Good luck! Regards, WeBelieveInTrading
Analysis CADCHF : Considering the weakness seen in the price ceiling, I expect the price to move towards the specified targets. . . price: 0.66950 sl: 0.67250 tp1: 0.66450 tp2: 0.65800 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 5/19/2023
Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: We are here in a bearish market structure from daily perspective. I expect bearish price action from here as price filled the imbalance, took liquidity above equal highs and then rejected from bearish order block + institutional big figure 0.67000. Like, comment and subscribe to be in...
CadChf is taking reversal from its 4hr high. We can enter for a sell trade here and look to scalp until the next levels. Note: This is for informational purpose only and can change anytime without informing.
Good setup, strong resistance level + Confirmation. I would like to add that I am bearish on CAD and this trade complies with my overall longer term direction
Hey Traders, Check this trade on CADCHF out. The pair consolidated for the best part of Friday then broke out after US data was released. Wait for the break of the previous low (breakout low) before entering a short opportunity. Trade Safe.
The price moves in a descending channel and has reached the upper part of the channel and a strong resistance level. It is expected to move downwards and target previous support levels as well as the lower part of the channel. 1D descending channel: Good trading! If you find it useful, like, follow, share!
Divergence is formed. CHF is Bullish for today. CAD is bearish for today. Take 2% of your whole Account Entry Price: 0.66314 Stop Loss: 0.66778 Take PRofit 1: 0.65853 Take Profit 2: 0.65384
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
potential bearish entry Dow Theory in Place: Lower High and Lower Low Expected in Place The double top, coupled with bearish divergence (a bearish reversal pattern). The bullish trend is still intact; (be careful with your levels) Entry, SL, and TP levels are defined.
Waiting for confirmation at 0.66520 to short CADCHF back down to prior lows at 0.64852 If you agree drop a like and if you have nay questions leave a comment :)