Get started

CADCHF

CADCHF - LONG setup 🔥Hi everyone .Looking at the monthly time frame, it seems that the price is currently rejecting a strong support zone, while on the 12-hour time frame, there is a bullish engulfing formation that may cause a break of the MA 20/50. Similarly, on the 4-hour time frame, there is a strong bullish pressure as the bullish engulfing candlestick has broken and closed above all the moving averages. The price has two robust resistance zones, as marked in the picture, so if the first one is broken, the next target would be the second zone, potentially reaching TP3. However, tomorrow there are high-impact news events that could undoubtedly affect the CADCHF. 🙏🏼
Long
by fxtraderkristina
1
CADCHF I Impulse correction and continuationWelcome back! Let me know your thoughts in the comments! **CADCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
11
Watch the magic - again...!watch the upwards move of the CHADCHF pair. why I like this trade: CAD perspective: - CAD employment report with a BLOWOUT number (again!) with +150k jobs created (most of them fulltime)! - BOC on hold but another job report like this and they will feel pressure for more rate hikes - inflation falling in canada but core remains sticky (so far) - migration is booming creating growth for GDP and housing - housing so far steady (but a clear risk for sure) - oil with upwards potential CHF perspective: - Swiss inflation is falling (although the CPI number today will beat the market expectations of 2.9% YY) - SNB will hike 1 or max 2 times this year and then close their hiking cycle as inflation will get back to their target in H2 2023 - SNB have become sligthly more tolerant for CHF depreciation as shown in their FX sales numbers - Trendfollowing Algos are heavily short CADCHF, they need to be squezzed out like a lemon
Long
by PrimeTrading
CADCHF The best option in the current long-term conditions is the above-mentioned channelized range. 2 patterns of harmonics can be considered to complete the reduction to the bottom of the channel It can be expected to start from the range of 0.79403 and finish in the range of 0.64739. - ABCD It can be expected to start from the range of 0.66208 and finish between the range of 0.64473 to 0.63806.-ANTI BAT In the expected range of the two patterns, we have many percentages of Fibo and with a much smaller distance from it, we have the pivot point in the range of 0.65601, which can form a very important support area. In the current situation, we can see the reaction between the two ranges of 0.67757 and 0.68858, which can be in the form of correction (ascension) and according to the Fibo projection, we can consider the completion of a zigzag, which overlaps with the two pivot ranges and provides a resistance range for A further reduction has been made.
Long
by maryammh
CADCHF LONG TRADE PROJECTIONCADCHF was consolidating for some time now inside the highlighted zone. Here if the price confirms a breakout on the resistance area, we can expect the price to continue the rally towards the next highlighted resistance formed close to 0.708 Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. Don't forget to leave your thoughts and opinions on the following market. 🙌🏻😎 📌For more details regarding this chart update, please message me on tradingview chat. Thank you!
Long
by traderchamp_
CAD/CHF: Incoming break out inminentI follow this par to long position. As I trade in the direction based in the strong key in market structure. We're in some minutes to closed up the candlestick in H4 timeframe, what if this will bring us a bullish signal, this will be a good signal to buy. Now, to be quickly, I see that we identify a smart point in the yellow zone that I draw in H4 timeframe very well, that mean a bullish signal, as this trade I was in long and hit my SL in $0.6880 CHF in my first trade, I re=entry in this second trade as i still in bullish. The only thing it's work a little more the precision in the entries as first I enter in the first big candlestick in H1 timeframe to long, but hours later, drop a little and hit my Stop Loss. what this form a bullish channel flag in H1 timeframe. So guys, we're still in long and there's an opportunity to entry early in long position So, we hope that CAD going to our trajectory in my analysis. Take profit update to $0.6968 CHF. And SL in $0.6859 CHF. Good luck!!! Good luck,
Long
by harisonhbn9718
11
CAD/CHF: Pending for next opportunitiesCanadian Dollar look in the possible neutral market that we can't to trade, but I believe that there're a lot bullish sentiment that the trend want to continue up. But, I'm take care what I see, because we could to see that CAD/CHF down a little to $0.6902 CHF, and then, in that yellow zone it's a smart point that we can to buy, another possibility it's that CAD/CHF weak in the resistance in $0.6912 CHF in this border and start a bearish trend, that we need to take time to definy where CAD go. But I'm preparing my trade plan in both scenario. So, price action it's very indispensable to take as knowledge. So, I will pending and keep away of this trade until definy one of this model that I show you. Keep update here!!!
by harisonhbn9718
11