CADCHF LONG OR SHORT?Looking like a good entry depending on movement of next few candles, could be very high reward Pips!
If breaks resistance, will be a short.
Cadchfshort
Tue 26th Apr 2022 CAD/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a CAD/CHF Sell. I still have a partial Buy trade, so all okay there. Enjoy the day all. Cheers. Jim
A big short appearing on CADCHFThis trade is against the trend.
RSI on H4 and D1 is fully overbought. There is massive resistance on a monthly/weekly chart.
This trade needs a few days to pan out. We need to see weakness on the smaller timeframe to execute the trade. Currently NO ACTION taken.
cadchf 1DThe Canadian dollar is likely to react negatively against the Swiss franc as it approaches its static resistance in daily timeframes.
CADCHF 15 MIN , SELLCADCHF Has Braked the Structure To The Downside And Now very Closer To The Order Block Area Where Most of The Institution Sell Orders are Placed
So We can SEE a Downward Move in CADCHF
CADCHF | Good Short Opportunity. When it comes to the technical analysis of CADCHF , it is still in downtrend and likely to get at least 100 Pips to the downside. Based on technical analysis, it looks weak even in higher time frames and smaller time frames alike. That's why I came to this conclusion that this currency pair is still in downtrend. However, if the price breaks the above supply zone, don't go short. If you are going short, better place the stop above the supply zone and should wait for a proper pullback to go short.
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Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
CADCHF | RESISTANCE AHEADCADCHF has once again bounced from the strong area and trading just under the resistance zone.
This resistance has been hurdle for the pair in last two week's time.
Remain watchful and enjoy both side trade.
SHORT ON CAD/CHFMassive bearish candle has formed coming from a major resistance area.
Price has also formed a wide double top.
CAD/CHF Short Entry To Make New Lower High, Free 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
⭕️SELL CADCHF 🧐🔰You can see the analysis of the Canadian dollar in Swiss franc in 30 minutes time ( CADCHF , m30)🔎
As you can see in the image, the support and resistance ranges are marked in yellow and the trend lines are marked in white. In case of failure of the trend line , white and pullback❗️ price to it. I will sell. The limit of loss and profit limit are specified in the image.🧐
⚠️⚠️Please observe capital management and open a low volume transaction.❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
__________________📈TRADER STREET📉___________________
CADCHF IS SHORTMy views on CADCHF is bearish heading towards the support line of 0.71384 to retest it or break it.
Once that's broken the second support line will be 0.68087 .
⭕️SELL CADCHF :It's time to sell🧐⭕️You see the analysis of the Canadian dollar to the Swiss franc in four hours(CADCHF , H4)🔎
🔰As it is clear in the analysis, the price has been neutralized in a certain range, and the support and resistance ranges have been marked in purple.🧐
The expected price movement is marked by a yellow line and the profit and loss limits are also indicated in the image.❗️
I have set the profit margin in the range of the white trend line and the orange support line.👌🏻
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_________________________📈TRADER STREET📉_____________________________
CADCHF | BREAKING SUPPORTCADCHF has made the top around 0.75100 level where we see bearish pressure and price start falling. Currently it is breaking the important support zone which has been reactive in the past (highlighted on chart).
We remain bearish untill the falling trendline is takenout
Trade your levels accordingly.
CADCHF Sell analysis Are You ready??CADCHF is here to drop
Be ready. We have to wait till Liquidity removed. Trap Zone
CAD CHF Bearish when broke the resistance with stability under it at 0.73670 wait a retest & refusal to confirmation then a good selling ,good luck
CADCHF | BREAKOUT OCCOURS CADCHF has finally given a breakout from the consolidation of more than 10 days. Looks like the direction is clear which is upside.
We are expecting the pair to move upside to 0.75500 level with retest to breakout zone will give bulls more confident.
Trade your levels accordingly.
cad/chf looking for a sell off at this resistance area???looking at cad/chf we can we see we Haven't smashed thru this resistance and im anticipating with this divergence we are seeing Price can drop from where its at
disclaimer - information shared is for educational and demo purposes only
happpy trading and let me know what you think?
CADCHF ShortCADCHF gave us three bearish confirmations. I now anticipate it to complete tha ABCD pattern just beloww our trend line. We Put TP1 as an indicator forr scalperrs to have the opportynity to re-enter on thee pullback
CADCHF | LIKELY DISTRIBUTIONCADCHF has been trading under the strong resistance zone of 0.74300 - 0.74400 level. The price is unable to break the support zone as well.
We are expecting the drop as this price action can likely be a distribution phase.
Trade your levels accordingly.
CADCHF | Breaking Channel?CADCHF is reaching the channel bottom and short term horizontal support level. We are expecting bears will continue to be on the charge if the pair has manages to break the channel.
Trade your levels accordingly
CADCHF | MULTIPLE RESISTANCE AHEADCADCHF is trading in a bullish parallel channel, making higher highs and higher lows. The price has approached to horizontal resistance area which will be act as a strong one.
We are expecting price will retrace to the bottom of the channel first and may test the horizontal level there on.
Alternatively, breaking above will bring more bulls in the party.
Trade your levels accordingly.
CAD/CHF 150 pips from last analysis new short setup will startpair trading in sidway channel. and now already up from inside bullish flag as mentioned It will be easy to get buy and sell in this sidway channel until it is broken
