According to my analysis using the Relative Strength Index (RSI) indicator, there is a divergence present at the moment. A bearish trend would be confirmed once the first Higher Low (HL) is broken and the first Lower High (LH) and Lower Low (LL) are formed. As part of my personal trade plan, I intend to enter a short trade with a 1:1 risk/reward ratio....
Box formation formed on Daily. We now have an M Formation (confirming further downside). Once the price broke below, we had our first target in mind. Which it's now heading to with grace. 200>21>7 - Bearish RSI<50 Target remains 0.64720 SMC Buy side liquidity (Above the M Formaiton). This is where Smart money comes and sweeps the buying (selling into it)...
The CAD/CHF currency pair has been caught in a bearish trend since the 4th of April, and this downward trend has persisted, leading to the historical minimum for this pair. Currently, the price movement is not indicating any signs of a reversal or retracement, leaving traders uncertain about where the bearish rally will eventually come to a halt. Across all...
Here is my view for CADCHF on H4. 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!
Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: Here I expect bullish price action as price took sell stop liquidity and rejected from institutional mid figure 0.66500. My target is the imbalance higher and liquidity above equal highs Like, comment and subscribe to be in touch with my content!
Hello traders we are currently looking at CadChf Sell for very long time the cadchf has been on a down trend, at this point we wait for price confirmation if price fails to break level 0.66694 that means we would be expecting price to complete the neck line retest at level 0.67427 on the daily time frame (TF) and if price breaks lvl 0.66694 then we would see...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 CADJPY 🔰 SHORT 🔴Sell Now or Sell at : 97.95 ⛔️Stop Loss : 98.60 🌀Take Profit 1 : 96.25 🌀Take Profit 2 : 94.90 🌀Take Profit 3 : 93.50 #Ticker_trading #Tradingsignal...
The price of this currency pair has been moving in a downward trend on the D1 chart since June 2022. On the H4 chart, the price has reached a resistance level that previously served as an important support level. In addition, the price is very close to the upper line of the descending trend channel, which is another indication of an opportunity to open a SELL position.
Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation! Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that. Bearish: Here for the bearish operation we are...
Hello traders! ‼️ This is my perspective on CADCHF. Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to take buy stop liquidity and then to reject from bearish order block + institutional big figure 0.69000. Like, comment and subscribe to be in touch...
strong order block at 4 hr frame so i think it will fall down to touch the daily support again so it is good idea to sell it
Market price entry on CADCHF 15Mins for a Short position.
Symmetrical triangle formed. Suppoert line breakout happened. Fibo 61.8% retracement completed with strong bearish candle.
With a Monthly and Weekly bearish trend, the ideal is to go bearish on the lower time frame. And on the 4H there is a supply area the coincides with the 78.6 Fib. With the 3 time frame in sync, if price can come to that area then for me it is a good short position This is not a financial advice, and make sure to calculate your risk before taking any trade
The ascending trend line was breached, the support level was breached, it closed below it, and closed below the indicator DEMA 200 low
Dump it Dumpot Dumpit Cadchf short Yes dump it We are firm we do trading toheyher
Our firm sold 500lot cadchf Yes we sold Inside trading