CADCHF pair broke and closed below a solid intraday horizontal support. After a violation, the market retested the broken structure and started to consolidate. A bearish breakout of a support line of a consolidation range gives us a strong bearish confirmation. It increases the probabilities that the fall will continue. Goals: 0.6587 / 0.6567 ❤️Please,...
Hello Traders ! On Friday 26 Avril, The CADCHF Reached a Resistance Level. The Price Formed a Triple TOP Pattern. At The Moment, The Neckline is Broken ! So, I Expect a Bearish Move 📉 __________ TARGET: 0.66026🎯
Technical Indicators: 1- Dow theory on Bearish Side 2- Fib Retracement expected to reach at 0.236 point 3- AB=CD also have strong indication to get the target point 4- Bearish trendline show us indication of bearish downward trend Fundamental Indicator: 1- Got entry on 1st breakout of Sell 2- Seasonality pattern show us the bearish trend 3- Summary 3 score also...
CADCHF was in an uptrend for the past few weeks. It failed to cross the resistance at 0.66910 after touching it for the second time. The CADCHF gave us a Head & Shoulder reversal pattern at our resistance zone showing us that sellers are in control. The uptrend was then broken preparing for sells. The breakout formed a flag continuation pattern confirming the...
#CADCHF Sell Idea ......................................................................................
CADCHF is in bullish gartley pattern, we will take entry as per market for targets keeping the stop loss at given point.
The CADCHF pair Has been trading within a Channel Down pattern since January 2023 but recently it has shown growing signs that the long-term bearish trend is coming to an end. First of all, it formed the first Golden Cross on the 1D time-frame since April 01 2022. Since then, it has held the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) as...
Entered CAD/CHF on as price tested the high of the Asian session. Fundamentally CAD is stronger the CHF and CADCHF has got battered lately on the daily chart. I expect price to churn around some here in the price area before potentially moving higher on the 4hr daily. This trade will probably be an intraday trade but I will ride it to see where the momentum goes.
This Weekly FORECAST Opportunity for CADCHF. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
price mitigated our daily order block and gave us a clean shift on H4 to the downside showing that sellers are to push lower
Fundamentals & Sentiment CAD: - BOC has been successfully coping with inflation, with the latest Core CPI YoY posting 2%. - The solid economic performance of Canada added urgency to hike rates until the target CPI has been achieved, so keeping rates high is becoming obsolete. There's still a decent potential to price in cuts until the next BOC rate...
Pair Name : CAD/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ( Short ) Type : Mid Term Swing ——————————— Bearish...
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. April -1 JAN (6R) FEB (1R) March (-7)
My dear followers, I analysed this chart on CADCHF and concluded the following: The market is trading on 0.6656 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.6673 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Using Fractals for Entry Points you can set your stop buy on the tallest top arrow to the right. Set your Stop Loss to the next bottom arrow to the left.
We see the possibility of further declines. It's a zigzag drop.
Monthly chart we are bearish. wicked off a weekly orderblock/supply zone. Shifts to the downside on both the daily and 4h also bearish on eurchf.