CADCHF POSSIBLE BUY OPPORTUNITY!Price trades at 0.62294 and this is a good opportunity to go long from the current market price. Our take profit target is 0.62612
CADCHF trade ideas
Sell cadchef at cmpPrice broke a significant sand resistant we are going down with good risk management
CADCHF - POTENTIAL SHORTPotential short idea building here.
Area of 0.6280 providing resistance here in areas of previous support in November
Descending channel
Before entry, I am looking for the area of support at 0.6020 to be broken to suggest strong bearish continuation
Also looking for the small uptrend support line (red trend line) within the channel to be broken as a further suggestion of bearish movement
Entry at 0.6250 with stop at 0.6300
#009 NEW DCA CADCHF Buy Higher High Higher LowPrice is making higher highs and higher lows as seen on the chart and so I bought.
It seems that price is also at the minor resistance area, but all is fine.
TP and positions will be shown in the screenshot below.
1603SGT 13122024
A SELL OPPORTUNITY SPOTTED ON CAD/CHFPrice recently pulled back to a resistance level of 0.62694 a sell opportunity Is envisaged from the current market price as we recently had a shift in market structure in the current price. Our stop loss is placed above the Entry at 0.62938 take profit at 0.62139
Buying CAD/CHFBuying CAD/CHF means going long on the Canadian dollar (CAD) against the Swiss franc (CHF), expecting CAD to strengthen relative to CHF.
CADCHF: Bearish Continuation is Highly Probable! Here is Why:
The recent price action on the CADCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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CADCHF LONG Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each:
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1. Order Blocks
An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement.
Bullish Order Block: The last bearish candle before a strong upward movement.
Bearish Order Block: The last bullish candle before a strong downward movement.
How to use:
Price often returns to order blocks before continuing the trend.
Order blocks are used as potential entry or exit zones.
Example:
If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block.
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2. Imbalances
An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure.
These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third.
It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement.
How to use:
Imbalances can serve as a reference for identifying potential retracement zones.
Enter a position when the gap is filled.
Example:
In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area.
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3. Breaker Blocks
A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken."
Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement.
They can also be used to filter valid order blocks.
How to use:
After an order block is broken, the former support/resistance zone can serve as an entry point after a retest.
Used to identify trend reversals.
Example:
In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block.
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4. Inverted FVG (Inverted Fair Value Gap)
An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement.
An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal.
It is used to analyze price manipulation and find entry points against the "trap."
How to use:
Enter after the price has covered the FVG zone and confirmed a reversal.
Inverted FVGs often appear in zones that collect stop losses.
Example:
In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward.
CADCHF REVERSAL ON 1H Technically:
CADCHF printing bullish divergence
CADCHF break its last Lower Low
CADCHF Key factors for entering a position:
1. A weekly liquidity raid and entry into the order block zone.
2. Afterward, an order flow forms on a lower timeframe.
CADCHF-bias long Bullish indications:
Trend line support respected in daytime frame.
AB=Cd is complete indicates bullish move.
Major support respected at 0.62222
1 hr MA indicates bullish move.
Inverted head and shoulder from support.
Trend line resistance is broken.
Bearish indications:
MA is getting respected in 2 hr time frame.
LLLH
Trade plan bias long @ 0.6225
SL:0.6213
TP1:0.6233
TP2:0.62448
Trade management, confirmation sell, example/execution — CADCHFHere's a so-called rising wedge pattern. It may look a bit tricky because it broke above at first, but in my opinion it was just a false breakout. Afterwards, price made a breakout below the wedge, then after, it broke completely below to the horizontal side. Now, to confirm that this wasn't another false breakout, we'd just have to wait for a pullback with a continuation down which it made, and it's a confirmation to sell. Now all that's left is to place a limit entry where price last began showing momentum down.
CADCHFI will be looking to short this pair because we've broken support. right now we possibly making a retest. If we see any bearish confirmations then we can enter. Please compare to your analysis first. Lets see what happens
CADCHF: Long Signal Explained
CADCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long CADCHF
Entry Point - 0.6230
Stop Loss - 0.6204
Take Profit - 0.6276
Our Risk - 1%
Start protection of your profits from lower levels
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Monthly CLS range. AMD playing out. Short in distribution phaseMonthly CLS range. AMD playing out. Short in the distribution phase
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become a better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
CADCHD SC1M
BW
W
Impuls & correction
Fake-out Monthly zone
(-) hit structure
D
fib copml -27
H&S
impulse en correction
4H
H&S
CADCHF Will Go Up From Support! Long!
Here is our detailed technical review for CADCHF.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.620.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.627 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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CAD_CHF LONG FROM SUPPORT|
✅CAD_CHF is going down now
But a strong support level is ahead at 0.6193
Thus I am expecting a rebound
And a move up towards the target at 0.6220
LONG🚀
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CAD CHF Sell
**c OANDA:CADCHF Trade Idea: Bearish Bias**
**Summary:**
This setup indicates a **sell** opportunity for CADCHF, driven by seasonal trends and exogenous factors favoring CHF over CAD.
**Key Points:**
- **Seasonality:** CHF exhibits bullish momentum from Nov 18 to Dec 29, while CAD remains neutral, favoring CHF strength.
- **Commitment of Traders (COT):** Both CAD and CHF are near their bottoms, indicating a neutral bias from this perspective.
- **Exogenous Factors:**
- **Balance of Payments (BOP):** Negative for CAD, positive for CHF, favoring CHF.
- **GDP Growth:** Negative for CAD and positive for CHF, adding to the bearish outlook for CADCHF.
- **Stocks:** Negative for CAD and positive for CHF, supporting CHF strength.
- **Interest Rates (IR):** Neutral for both currencies but does not offset the bearish sentiment for CADCHF.
- **Exogenous Score:** CHF (60.5) strongly outperforms CAD (1.5), supporting a sell bias.
**Trade Bias:**
Sell CADCHF, as seasonal and exogenous factors significantly favor CHF over CAD.
**Risk Disclaimer:** Apply proper risk management, and account for potential volatility in the pair.
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CAD/CHF Reversal Opportunity with Target ZonesThis 4-hour CAD/CHF chart depicts a potential bullish reversal setup at a key support zone, where the price has reached a marked "Buy @ CMP" level near 0.6200. The chart highlights two take-profit levels (TP1 at 0.6260 and TP2 at 0.6320), suggesting a potential upside from the current market price. A stop-loss is positioned below the support level at 0.6180 to minimize risk. This setup indicates an opportunity to capitalize on a rebound from the support level, with a favorable risk-to-reward ratio targeting the identified profit zones.
CADCHF On The Rise! BUY!
My dear subscribers,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6216 pivot level.
Bias - Bullish
My Stop Loss - 0.6192
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6261
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
CADCHF - Short supported by fundamentals and technicalsFundamental Analysis:
Key indicators, including the LEI and both Endogenous, and Exogenous factors, have been steadily declining on a weekly basis. This indicates a weakening outlook for the CAD against the CHF, supporting a bearish perspective on the pair.
Seasonality:
Historically, CADCHF shows a bearish tendency between December 2nd and December 16th, pointing to a potential seasonal opportunity for short positions.
COT Report:
CHF is near its lows, while CAD remains neutral. The report indicates a sell bias for CAD and a buy bias for CHF, suggesting potential opportunities in favour of CHF
Technical Analysis:
CADCHF has been in a downtrend and forming lower highs (LH) and lower lows (LL) on the 1H timeframe. Currently, it’s displaying a bearish flag pattern, signalling the potential for the downtrend to continue. This presents a shorting opportunity if the price breaks below the most recent lower low."
Conclusion:
Consider shorting CADCHF, as a combination of seasonal trends, fundamental factors, and technical indicators strongly support CHF over CAD.
Entry Price: 0.62559 (Sell Stop)
Stop Loss: 0.62700
Take Profit 1: 0.6242
Take Profit 2: 0.6228
