Short CADCHF 04/04/2024This is my scalp trade of the day. I am shorting CADCHF
SL: 0.6713
TP: 0.6672
I am only sharing my trades, not a recommendation to enter the markets.
CHFCAD trade ideas
CAD/CHF H4 | Falling to 50.0% pullback supportCAD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.66845 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 0.66757 which is a level that aligns with the 61.8% Fibonacci retracement level.
Take profit 1 is at 0.66934 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Risk/Reward Ratio: 1 : 1.01
Take profit 2 is at 0.67044 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 2.26
Total risk 1.2%
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
CADCHF Potential UpsidesHey Traders, in today's trading session we are monitoring CADCHF for a buying opportunity around 0.67000 zone, CADCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.67000 support and resistance area.
Trade safe, Joe.
Technical analysis of the CADCHF currency pairThe price has once again hit the ceiling of the red and black descending channel. At the same time, we see the price hitting the 200-day moving average and the supply range of 0.6700. In general, we see a very strong resistance range, which can result in a price drop.
Note that if the price breaks this range upwards, a very strong buy signal will be issued. Otherwise, we should see a price correction.
CADCHF - RESISTANCE BECOMES SUPPORT 🚀
Hello Traders !
Previously, The CADCHF Formed a Symmetrical Triangle.
Currently, The Price Broke The Resistance Level (0.66700 - 0.66890).
This Key Level Becomes a New Support Level.
So, I Expect a Bullish Move 📈
-----------
TARGET: 0.67380🎯
CADCHF - 4hrs ( Sell Trade Target range 100 PIP ) 💵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 Break
0.66850 Area
Reasons
- Major Turn level / D
- Major Reversal
- Fibo 1.618 % Golden
- Fixed Low Volume Break
- Visible Range Lov Volume Nudes
☑️Bullish Reversal
0.65750 Area
Reasons
- Major Turn level / D
- Pattern Target
- choch Area
- Ultra Volume / Fixed
- Visible Range LVN
CADCHF - BullishIt seems CADCHF starting making new higher highs and higher lows after the accumulation phase.
CADCHF: Short Trade with Entry/SL/TP
CADCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell CADCHF
Entry Level - 0.6703
Sl - 0.6732
Tp - 0.6636
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
CADCHF: Important Breakout 🇨🇦🇨🇭
CADCHF set a new higher high higher close on a daily,
violating a key horizontal resistance.
The next goal for the buyers will be 0.674 level.
❤️Please, support my work with like, thank you!❤️
SELL CADCHF for trend reversalSELL CADCHF for trend reversal
update
SELL CADCHF NOW ✅
STOP LOSS : 0.6719
From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too...
there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
CADCHF - 12hrs ( Buy Trade Target Range 130 PIP ) 💵Pair Name CAD/CHF
Time Frame : 12 hrs
Scale Type : line chart + Candle Stick
------
🔗 Key Technical / Direction ( Long )
Type : Mid Term Swing
——————————
Bullish Break
0.66900
reasons
- Major Turn level / D
- Fixed range Value
- Pattern Break
- Bullish Sign / Engulfing
- trend Line Area
Bearish Reversal
0.68300 Area
Reasons
- Major Turn level
- Choch / D
- Pattern Target
- 3 Quarter High
- Fibo Golden
Inflation Deflator Indicator Signals Sell for $CADCHFID has printed a 30m sell signal. Also coming down off retest of 4h supply zone. We should get a strong downward trajectory from here.
CADCHF BUY SETUPIt seems like CADCHF has broken above the downtrend line and will continue to go high. TP and SL are marked. Always follow risk management.
Reach out if you want high-accuracy setups
CADCHF LONGWe have a daily MSS (choch) - I expect the price to go higher to the BSL area (buyside liquidity).
I missed the perfect entry from the D FVG so I will enter long with the SL at 0.65100 .
Bullish OutlookBULLISH OUTLOOK.
Pair is trading in a sharp bullish trend and after days
of consolidation it finally made a break of the previous
high. On the 4 hour time frame, pair has broken
the resistance of the range signaling the bullish strength
and there is a high possibility the trend will continue
to the next closest resistance..
CADCHF MARKET OUTLOOK O1-O4-2024📈 Stay ahead of the game with our latest video on the CADCHF current market outlook! In this insightful analysis, we delve into the dynamic world of forex trading, focusing specifically on the Canadian Dollar (CAD) against the Swiss Franc (CHF) pair.
Join us as we explore the current trends, key support and resistance levels, and potential trading opportunities for CADCHF. Whether you're a seasoned trader or just starting out in the forex market, this video offers valuable insights to help inform your trading decisions.
Don't miss out on this essential update on one of the most traded currency pairs in the forex market. Watch now and gain a competitive edge in your trading journey!
Remember to like, subscribe, and hit the notification bell to stay updated on our latest market analyses and trading tips. Let's navigate the forex market together and maximize your trading potential! 📊💰
cadchf in bullish trend bullish trend is shown in chart of cad chf with stop loss and entry depicted .lot size and tp1 tp2
SELL CADCHF for trend reversal SELL CADCHF for trend reversal
update
SELL CADCHF NOW ✅
STOP LOSS : 0.6676
From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too...
there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
CAD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.662 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
CADCHF Buy!Price has been trading within the given ascending parallel channel since December 2023 . Price is currently near the upper limit of the channel . Just recently price tested the upper limit of the channel and got pushed down . Price’s attempt to go up again suggests either a retest of the upper limit or a general strong upward momentum . Considering the price action , the latter seems more probable . I’ll wait for a clear break of the upper limit of the channel to take a long position with next possible Target being the resistance 0.67145 !!
CADCHF mid term short. Price trending above Fib Zoneprice is trending above Fibonacci retracement zone of 0.618 and completion of the elliot wave count. Expecting a new higher low to be formed therefore completing the reversal in the trend. Expected TP 0.65900
S/L 0.66990
