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CADCHF

CADCHF SHORTAs we can see with the last trades NFP price has not created explosive moves on USD pairs until Monday and Tuesday this week. As far as this pair the CadChf has showed exhausted bulls. Price had a 0.78131 high back in May this year but the trend wasn't established until price decided not to break that high coming short of the high making a lower high at 0.77980 which means we have been in a downtrend with slight pullbacks until late September price had broken out of the trend line making a correction which seems to come to an end as of now
Short
by hollowbanks412
CAD/CHF: Review!!!So, in this past analysis that I made, this was not good trade and little hard to traded it in Canadian Dollar/Swiss Franc as we had the FED interest rate decision that move the financial market very volatile. So, I enter in two different position with good opportunities that I would have gotten this nice opportunity that I fell. But we would review what happened in the past week and what I will need to improve my skills. 1. CAD/CHF: Long position on October, 31, 2022 In this screenshot, we see that I remember that I update this par and I was in long position and very good with almost 60 pips. Also, in the past I put my target to $0.7460 CHF, what later I move it to $0.7490 CHF. if I would have gotten to closed up this long in $0.7460 CHF, i would got 60 pips in profits. what I decided to up my target profit to $0.7490 CHF. But maybe, I found out an interesting resistance in $0.7558 CHF, what I fell in this unique zone to don't improve this hide zone in H4 timeframe that I believe that I will need to take care of this institutional zone. But I ended this trade that took me my break even in $0.7304 CHF what I result a loss of 1.11%, after that I was in profit to long position. 2. CAD/CHF: Short position on November, 2, 2022 In this analysis, we see that I was in short position shorting from $0.7430 CHF, and also I made a very good analysis that CAD has the chance to continue drop toward $0.7365 CHF with a lot true. But the price moved by bullish sentiment that I remember that I closed up manually to $0.7322 CHF, what was a small earn of 0.74%, and also I don't know if this was a good opportunity to re-entry to long that I suppose to do that. But well, I see that my trades are not very bad, but there're some key to work for my trading experience like still pending in H4 if we see a resistance key to watch out to fix my target profit only for my first trade in this par. And my second trade, I don't found out any fell, what the only it's trying for me to work a little more my analysis, as my second trade was a great trade, that my short could to give me a nice opportunity. That it's all my review. I end with 1.11% loss and 0.74% earned. A total of -0.37% in loss. It's quite small that any ant see it. Good day!!!!
by harisonhbn9718
CADCHF: Waiting for further CONTINUATION!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In our previous post, about few weeks ago, we forecasted a potential upside movement considering the overall reversal bias. The market clearly performed it, breaking the main high timeframe structure and it’s currently forming a potential continuation. The momentum doesn’t look very strong, so it may form a bigger structure, retesting the zone 0.73500, 0.7300, creating deeper pattern where we would try to take advantage. Overall in HTF a double bottom and breakout of the main structure, are clues enough to justify a further bullish movement. In LTF a sequence of bullish small structures are moving up targeting the next swing high. When, where and why would we step into the market? Before entering long on this market, we will be waiting a greater entry, patiently waiting for the confirmation and formation of a bullish continuation pattern. In the scenario of reversal and/or price not forming the expected price action, no action will be taken on this market and the overall setup will be invalidated . If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Long
by Cybernetics_tl
25
CADCHF: The market is reacting around a strong SWING!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the CADCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Higher timeframe: Lower timeframe: In HTF this market reached an interesting swing at around 0.71700, which reversed the direction the last March. At the end of September 2022, it approached on the current area, double topping and reversing, after it has been moving inside a descending channel for almost 6 months. Currently, the price is correcting (still inside the structure ) with a possibility to see further bullish price action. When, where and why would we step into the market? The market is not ready for a long trade, not so much space inside the structure to enter long with a good RR, however, a breakout to the upside of the main structure would be an interesting entry point to take advantage of! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab
Long
by Cybernetics_tl
16
CAD/CHF: Update!!!In this analysis from Friday and very update, we see that Canadian Dollar/Swiss Franc continue to my led direction in the upside. So, I see that H1 timeframe look strong bullish. The only udpate will be to put a break-even in $0.7304 CHF. That it's to cut loss like 12 pips what I enter $0.7316 CHF. What in this moment, I have 34 pips in profit. And move the target profit toward $0.7390 CHF. If CAD/CHF hit my target profit, my result will be 74 pips in earnings. Now, watching in H4 timeframe still bullish, and taking a good point what I bought!!! Now, I believe that CAD/CHF it's leading to the top of this higher low line that I draw. in 2 times, made a higher low in the price. What I thought that it's in the reaction that the price drive us. So, this it's a good opportunity to look!!! ***Now, on this wednesday, we have impotant event to watch like 1. FED Interest Rate Decision, what U.S. Central Bank expect to raise 4% as they forecast, vs. the previously 3.25%. Also, we have another event to watch during this week like rates in Bank of England interest rate desicion, and many other important event to watch in Forex market. Good luck!!!
Long
by harisonhbn9718
5
💵Canadian Dollar/Swiss Franc 💵(Short term,11/01/2022)!!!Canadian Dollar/Swiss Franc was able to break the Trend lines and now is pulling back to them. The structure of the pullback is a Rising wedge pattern. Canadian Dollar/Swiss Franc bounced back from the upper line of the Rising wedge with the Bearish Engulfing candlestick pattern. I expect the Canadian Dollar/Swiss Franc will go down at least until the support zone. 🔅Canadian Dollar/ Swiss Franc ( CADCHF ) Timeframe 8H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
2
CAD/CHF: Review!!!In this review, this was another analysis that I made in the past week. So, when I knew very good that CAD/CHF was dropping with the case like CAD/JPY, both pars are in dropping. And also, I made a very good analysis what I was shorting from Wednesday, October 26 2022. In the short from $0.7302 CHF and my target fix to $0.7230 CHF. Also, when came the interest rate decision by Bank of Canada, Canada currency drop significantly as I knew very good and only reach $0.7242 CHF, it's was so far to reach my target profit with less 12 pips approximately. This was a screenshot that I post in my previously CAD/CHF analysis that my technical analysis was driven by fundamental analysis very good in this formation of this bullish channel, what we canto appreciate a bearish rising wedge in the higher point of this bullish channel. So, when the price up, I inevitably closed up this long position got a small loss of 1.16%. When before I was in profit around 46 pips, but if i would have to closed up the short in the $0.7278 CHF. So, I would got 24 pips in profit at least. But after the price go back to the previously level at $0.7310 CHF. I entry in short again with my iPhone, but until I see that bullish rising wedge when I analyze in my laptop, the price was spoke me that it's bullish strong candlestick that it's moment to closed up again a short position, but the small was so diminutive like 0.07%, very near when I open the 2nd trade that I was going to shorten. So, in total of loss in this trade was 1.16% and 0.07% = 1.23%. And to update more, so, I kept in profit in 8.53%. So guys, I would have to got this profit if only I closed up manually in the pivot of this bottom in this bullish channel. But everything will be a practice. A widely word that I learn it's the following "The practice make the master" But well, it's no so bad these trades, but my experience will grow up through this case and process to be very prepared. I don't feel much anxiety or fear to trades. but my perspective I knew it very good. The only to improve in CAD/JPY and CAD/CHF it's only be pending and very update when occur when i have trades and what the price speak us. So, I have left to analyze USD/CAD, but never goes to my sell order limit, but I see that my perspective was excellent in my another trade that I'm just analyzed. This trade could be another excellent opportunity to take. Anyway, I will analyze making a review to know how the price drop and never goes to my order place when I knew my bearish perspective very well. So, as I made 8.54% in profit and vs the past week, I made 13.67% in profit during this month. So, I made 22.21% in profit. Only the best trades was GBP/USD and Ethereum during this month. Now, I'm currently long CAD/CHF from Friday that I decide to run this trade in this week. So, we hope that Forex market open up soon. I will post in the link to related idea my another review and my currently trades.
Long
by harisonhbn9718
1
CADCHFbeing held at 0.7320, looking to short .. week of 24 Oct. This pair has been bearish since June, but more recently it has been trying to break above that area. Another attempt is in progress now but in my opinion that will also fail. I am expecting price to turn around and resume the overall bearish trend. I will be looking for some bearish price action in s/r zone on a lower time frame to target the 0.7120 area. If this works out as per my expectation, we may have a 5R trade. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Short
by Trading_Vista
4