On my radar still as watching the return to previous level play. Noticed CAD is stronger at the moment Fundamentally. Sentiment of traders are currently Buying. Not over extended still 199 pips till Target but those big targets can take some time to play out Testing 3 swing lows on 5 min time frame. The amount of times I get taken out by 1-2 pips is...
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✅
Will be looking for a long position next week if price respects this support level.. Idea!!!!!! Do you own analysis :D
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...
1- Tren line - 4 times - 2- Broke the support 3- Liqui over buy #hsgfx #hoangsongroup #partnerwithhoangsongroup
its the update of cadchf poit that must e touched . today at 15 :30 news maybe help it to start
I see a possible Wyckoff distribution on CADCHF. Institutions on the COT report are showing a very strong sell-off for CAD and more long contracts on CHF. The last high was made with a lower volume. The market structure level was broken on H1, and the re-test also happened.
Is the right opportunity to sell CADCHF medium term on the daily time frame? The price has reached an important level in the daily time frame. Selling pressure is shown in the chart. We expect the resumption of the downward price trend in the daily time frame.
CADCHF for is after Accumulation. My potential setups you see on chart. This is not recommendation ;) Just my view. Usully I use 3 or 4 orders with TP1-TP4 Minimal Risk reward is 1:1 NOT LESS
Waiting for a break and retest of 064747 to long CADCHF back to 4H swing high at 0.65507 If you agree drop a like and if you have any questions leave a comment :)
Weekly: + Market structure (trend is bearish) + Candle close + Zone *First time we break the weekly downtrend, possible is that it becomes a fake out. But we have a strong S&D zone in our advantage that can act as support Daily: - Bullish market structure - Bullish M with IC *We broke a very strong S&D zone, that comes with a lot of power! *Bears are...
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...
BEARISH INDICATIONS: .DOUBLE TOP formation .BEARISH divergence on RSI .Projection complete on same zone
Hi Guys, The CAD CHF has faced relentles selling for quite some time now and bears have just kept grinding the price further and further down. It seems that we may have come to a bottom for the time being at least and we may get a reversal. The AUD CHF has also strengthened and the CHF JPY is finally showing some weakness after a massive run up over the last two...
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
Hope you all enjoyed my previous forecasts and ideas about other pairs. For this pair all the ideas are written on the graph. Local increasing channel, I believe, will continue until the previous major resistance zones. Good Luck for All 🙌🏽❤😎 #forex #cad #chf #cadchf #trading
#CADCHF UPDATE Hey team we are here to update about CADCHF. CADCHF is exactly on the way to our main target. Already 100Pips+ gain so far. Still this is in bullish wave. We can see small Retesting here but overall bullish move. Keep in touch we will update further soon.