CADCHF signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
We got impulse, further movement upward will be continue, open a position on a retest of a broken channel
targets: 0.73 -0.75 - 0.77
after first target reached move ur stop to breakeven
stop: 0.69 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
Cadchflong
CADCHF - BULLISH BIASCAD - BULLISH
1️⃣ Oil prices rose on the back of Saudi Aramco’s upbeat view on Asian demand and as Iraq pledge to deepen production cuts.
2️⃣ All major economic data in Canada printed well.
CHF - BEARISH
1️⃣ The SNB President Thomas Jordan has been reiterating the CB will continue to intervene strongly in the foreign exchange market to stop the rise of the highly valued franc in order to prevent deflation and protect the export-orientated economy.
2️⃣ Switzerland is expected to maintain its ultra-expansive monetary policy for some time as it is facing the sharpest downturn since the aftermath of oil price shocks in the 1970s.
=====
TECHNICAL
=====
- We long CADCHF on RBS level + SMA50 area
CAD/CHF ascending triangle about to complete💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
CAD/CHF has been forming ascending triangle for a while now. It is about to be completed but there is strong resistance line and 200 MA to help CHF.
Let us know what you think about this idea.
Trade safe !
CADCHF H4 LONG PRICE ACTION FORECAST With the pair in a clear uptrend in three consecutive trading sessions, following the ascending trendline as support, I could expect a retest of the level to continue is bullishness towards the next resistance level. It allows the setup of a long entry as a limit.
The order:
Type: sell-limit
S/L: 23 pips - R:R | 1:3 -
T/P: as shown
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
CADCHF LONGCadchf has been serving me pips these last weeks :)
This hidden bullish setup forming on the 4H as well as a hourly divergence, presents a good entry for a long position. This following a significant pullback after we experienced a breakout of a 4H trendline upwards after the CAD rate release last week.
CAD/CHF could go higher now💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
CAD/CHF has been pushed down recently. Now price has approached resistance line and there is possibility of price going up again. We will wait for price action to confirm rejection before entering any long positions.
Let us know what you think about this idea.
Trade safe !
CAD/CHF: Waiting for the Next PhaseI been mostly busy lately, but that didn't stop me from wanting to do an entry for the CADCHF pair before market close. Right now, the bearish action is making me anxious and some people may think this could be sign of a sell off, but I think it is actually due to market hours. Looking at the continuation pattern, I expect the upcoming wedges to be more towards signs of bullishness. I also think the next phase is likely positive. That being said, everything I say is on an opinion based basis. Please pursue at your own risk. Do your own due diligence and this is not meant to be taken as actionable financial advice.
CADCHF Potential rebound to 0.712 but might fail to test 0.72OANDA:CADCHF
CADCHF is in its lower bound of Bollinger band in the daily chart, so rebound potentially happening in a short term . Resistance 0.712 seems achievable but it will hard to breakthrough resistance 0.72xx unless there is significant financial news or fundamental progress.
If you want my view about other currencies/stocks/ commodities, I will love to share my view with you. Just simply comment below. I always open to discussion.
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.