CAD (Canadian Dollar)
CADCHF I Buy scalp to resistance Welcome back! Let me know your thoughts in the comments!
**CADCHF Analysis - Listen to video!
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CADCHF WITH A DOUBLE BOTTOMS FORMATION FOR A BULL RUN AHEAD!Spotted an interesting neckline breakout on the following double bottoms formed where we can expect the bull run to happen after this nice breakout and pullback formed on the 4-hour to daily timeframe.
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CADCHF looking upCADCHF was in a big downtrend but major support zone around 0.67800 made price redirect up
The young Uptrend channel is evolving
Price has bounced today from the lower channel line at 0.68604 and is coinciding with the 50 EMA
So we are most likely waiting for the price to bounce higher up to the 0.692x area. Maybe further to 0.71
To add to this analysis, last week's Thursday and Friday Day candles rejected closes below the 0.69 or 0.688 high levels contributing to the Weekly TF close as a bullish engulfing candle with a positive growth twice the size of the previous week.
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CADCHF (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
CADCHF 6th JANUARY 2023Double bottom pattern is a bullish reversal pattern that occurs at the bottom of a downtrend and signals that the sellers controlling the price action so far are losing momentum. Pattern resembles the letter “W” due to a two-touched low and a change in trend direction from a downtrend to an uptrend.
CADCHF I Long-term BUY Swing 200 pipsWelcome 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!
CADCHF, Where are we going? Price has on the downfall for quite some time which shows sellers were in control. Looking at the current price action, we can see there is much more room for further downside, however buyers are getting active and we might see price breakout of the correction and head north to regain some ground.
Best to wait for confirmation and find an entry that suits your trading plan.
Thanks
Trade Safe
The CADCHF awaits the negative momentum – AnalysisThe CADCHF pair touched 0.6780 level to form intraday obstacle against the negative trades, to notice forming temporary correctional rebound and test the additional barrier at 0.6890.
We assure the importance of gathering the additional negative momentum to manage to renew the bearish attempts and repeat the pressure on 0.6780 level, while achieving the required break will push the price to reach the additional negative stations at 0.6740 and 0.6670.
The expected trading range for today is between 0.6870 and 0.6740
The expected trend for today: Bearish
CADCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for CADCHF .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF Short? Well Let's see if the market decides to rangeCADCHF has been in a multi month bearish market. It's now at a resistance level on the daily chart, will we see downside out of this price?
Remember certainty is never present in the markets and boy am I uncertain about this one! Lets see what happens...