What if"If the price closes below the silver line, there is a possibility of a retest before it drops further to form a new lower low (LL). However, I expect to see the (QM) pattern fulfilled first, followed by a downward move to create the lower low."by narxyn1
#CADCHF 1DAYCADCHF Daily Chart Analysis Trade Recommendation: Buy Buy Level: 0.62200 Target Levels: 0.63900 / 0.64700 / 0.6600 Overview: The CADCHF currency pair has shown promising signs for a bullish trend based on recent daily chart analysis. We recommend entering a buy position at the level of 0.62100, which has demonstrated strong support and potential for upward momentum. Target Levels: 1.First Target: 0.63900 - This level represents an initial resistance point where the price is expected to test and potentially pull back. 2.Second Target: 0.64700 - A further resistance level where the price might encounter increased selling pressure, offering a second profit-taking opportunity. 3. Third Target: 0.6600 - The final target level, indicating a significant upside potential if the bullish trend continues to strengthen. Strategy: Enter the buy position at 0.62200 with stop-loss orders set below the support level to manage risk. Monitor the price action closely as it approaches each target level, and consider adjusting stop-loss or taking partial profits as needed. Outlook: The overall trend appears bullish, supported by recent price action and technical indicators. Keep an eye on market conditions and news that could impact the CADCHF pair, and adjust your strategy accordingly. Feel free to adjust any specifics or add additional details based on your analysis!Longby PIPSFIGHTER8
CADCHF - H1After a bullish impulse the correction might be completed. Did not tag exactly 62% but continues moving impulsively today. Watch for the PA at the upper boundary of the corrective channel Trade safeLongby Alpha_Mind1
Trading Signal: CADCHF - Sell OpportunityDirection: Sell Enter Price: 0.62214 Take Profit: 0.62015 Stop Loss: 0.62529 We have identified a promising trading opportunity for the CADCHF currency pair with a Sell recommendation. This decision is based on the following factors assessed by our EASY Quantum Ai strategy: 1. Technical Indicators: Various technical indicators are signaling a bearish trend. The moving averages confirm downward momentum, and the MACD histogram is showing negative divergence, indicating potential for further downside movement. 2. Resistance Levels: The CADCHF is approaching a significant resistance level near 0.62529. Historical data suggests that this level has consistently acted as a barrier for upward movement, making it a strategic point for setting our Stop Loss. 3. Economic Sentiment: Recent economic data from Canada indicates weaker-than-expected economic performance, which could further pressure the CAD in the short term against the Swiss Franc, known for its safe-haven appeal. 4. Market Volatility: Current market conditions show an increase in geopolitical tensions, contributing to risk aversion behaviors that typically strengthen the CHF relative to commodity-linked currencies like the CAD. With our entry point set at 0.62214 and a Take Profit target of 0.62015, this trading setup aims to capitalize on predicted short-term depreciation. Remember to adjust your position sizes appropriately and monitor the trade closely due to dynamic market conditions. Stay informed and trade wisely!Shortby ForexRobotEasy0
CAD/CHF Bullish Money Heist Plan on Long SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist CAD/CHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Longby Thief_TraderUpdated 115
Trade Recap on CAD/CHF, GBP/USD LongGBP/USD Long Minimum entry requirements: • 1H impulse up above area of interest. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach follows, 5 min risk entry within it, or reduced risk entry on the break of it.Long18:13by StewySongs338
bearish setup in cad/chf on 2-hour time frame... we see that it is a bearish market ... make a break and retest level in cad/chf, so we can trade on bearish setup that is called break and retest setup....Shortby Piyush_Kumar10011
CADCHF - Short CallThe price has retraced to our marked level with no bullish divergence. The last low is our take profit with instant entry and SL as marked. Let's hope for the profit.Shortby Khizer980
CADCHF ShortWaiting for the market to come to me then i will be shooting my shot on this pair. this is not a signal just my idea and bias on this instrument.Shortby Pleazant-fx0
CADCHF - Sell LimitCAD Index Seasonality for the month of September is BEARISH. CHF Index Seasonality for the month of September is BULLISH. CADCHF Printing LH's and LL's as per DOW Theory. Shortby HammadFXPro0
CADCHF BearishCADCHF is bearish for some time and as the last data of CAD was negative i feel it will stay bearish.Shortby Choughle0
CADCHF: Important Breakout 🇨🇦🇨🇭 CADCHF formed a huge descending triangle pattern on a daily. Bearish breakout of its neckline on Friday is an important event that signifies a strength of the sellers and a highly probable bearish continuation. I will look for selling from a supply area based on a broken support and a falling trend line Next goal - 0.6167 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader222
CADCHF FORECASTI really love how structures are developing the price is at key area guys, let's look how it will play out watch this video to get some insights!!Long03:47by Richard_Mkude226
CADCHF Short - descending channel and bearish flag patternCADCHF on the 4H chart its stuck in a descending channel & got rejected by that around 0.6250 resistance level. On the 1H chart its forming a bearish flag pattern which is telling us the downtrend is gonna keep going. What's your take on this pair ? my short entry is instant all other Stop and Take profit you can found on the chart Good Luck!Shortby kashifone10
CAD/CHF Downtrend: Breakout Support, Targets 0.6160 and 0.6100The CAD/CHF pair appears to be in a downtrend, forming a descending channel. It has recently broken through the support level at 0.6245, indicating further bearish momentum. The potential downside targets are: First Take Profit (TP1) : 0.6160 Second Take Profit (TP2) : 0.6100 The price could continue to drop towards these levels.Shortby FXTradingAnalysis2
CADCHF - BEARISH MOVEHi Traders ! After a huge bearish move, The CADCHF price broke the support level (0.63597 - 0.63038). This key level becomes a new resistance level ! So, I predict a bearish move📉 ______________ TARGET: 0.61680🎯Shortby Hsan_BenhmedUpdated 8814
CADCHF Bearish Breakout!CAD-CHF broke the key Horizontal level of 0.62363 So we are locally bearish Biased now so we will be Expecting a further move down !Shortby kacim_elloitt115
CADCHF-SELLThis pair is actually the Leader for all CHF as its trading below the 10 year Range 1W: This has been a 1-2 RTM, a flag on Daily and other small time frame Daily: This made the Eat the tail and expecting continuation I honor the Ichimoku traders: All lines pointing bearishShortby Jeremiah_Capital2
CADCHF Trading Plan - 05/Sep/2024Hello Traders, Hope you all are doing good!! Carrying forward the last post regarding CADCHF, I am still bias for upside move soon. Trade Plan: Wait for the BUY setup at zone. Your follow and like will be a token of appreciation.Longby For3xScalper4
CADCHF long movePrice had broken our resistance level and hence we cloud see price retraces to the support level before moving upside.Longby OCBE-FX0
Cadchf for short.A symmetrical triangle is formed, wait for breakout of either side. I will like to see the breakout to the downside because of the main bearish trend on the 4hour timeframe.by makindetoyosi2110