CHFCAD trade ideas
CADCHF IN BULLISH TREND Technically:
CADCHF is moving in channel
CADCHF is printing Bullish Divergence
CXY is printing bullish divergence
SXY is printing Double Bottom with divergence
Fundamentally:
According to COT Data
CAD is Bearish
CHF is Side ways neither bullish nor short
Sentiments:
CADCHF is 90% Bullish
CADCHF - Look for a sell !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
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CADCHF Elliott Wavehello friends
In the CADCHF currency pair, we see the formation of 3 Elliott patterns.
The first pattern consists of a 5-wave impulse wave, which we can call wave 1 or A.
The second wave is a ZigZag and the third wave is an Expanded Triangle.
Considering that two correction waves have followed, the possibility of changing the trend is very high.
My guess is the start of an impulse wave at the dominant wave 3 or C.
A buy trade can be prepared with a stop loss below wave 1 or B, which is the range of 0.6190.
If the price breaks the bottom of the triangle and the price closes in it, our theory is invalid and you can enter the sell trade.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
CADCHF On The Rise! BUY!
My dear followers,
This is my opinion on the CADCHF next move:
The asset is approaching an important pivot point 0.6239
Bias - Bullish
Technical Indicators: Supper Trend generates a clear Bullish signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6267
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
#CADCHF 1DAYOn the CAD/CHF daily chart, the price has reached a critical support level. This level represents an area where the price has historically found buying interest, preventing further declines. The support zone indicates a potential bullish reversal as buyers step in to defend this level.
Forecast: Buy
A buy opportunity is expected as the price holds at the support level. Traders may consider entering a long position if the price remains above support, with potential targets set at nearby resistance zones. It's important to confirm that the support holds, as a breakdown below this level could negate the bullish outlook.
WHATS FLOWING: CADCHF (FRIDAY CHILLLLL)OANDA:CADCHF
Today there was not much flowing. Just ETHUSD, which I already covered and this gem CADCHF. For those of you are feeling lucky, you can jump in on the action this thing is currently playing out.
Best of luck.
(No Known Catalyst For This Trade At The Moment)
CADCHF - Expect AMD Pattern !! Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Now price is in accumulation phase between 2 important levels 0.63000 and 0.62000, I expect we can see a manipulation of buy side liquidity and then distribution lower.
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CADCHF BULLSDouble top in bullish market. Let's see if current direction can break the low. Price is in our discounted area which is the 50% Fibonacci level. There is 2 primary outcomes:
Price might reject on the 50% level and start moving upward.
Price might sell toward the 61.8% level, fill in the fair-value gaps and buy.
Wait for a reversal candlestick for the buy entries on the listed areas.