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Cadchflong

CADCHF - Short from trendline !!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 price to fill that huge imbalance and to reject from trendline. Fundamental news: Upcoming week on Wednesday (GMT+2) we will see results of Interest Rate on CAD and on Thursday Interest Rate on CHF. News with high impact on currencies. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
CAD/CHF Trade Setup: Breakout Retest with High R/R OpportunityThe CAD/CHF pair has displayed significant bullish momentum, successfully breaking out of a strong consolidation zone that has persisted since August. This consolidation pattern resembled a rectangle, providing a clear range for price action. The breakout above this range indicates a potential shift in market sentiment, favoring buyers. Key Technical Observations Breakout Confirmation: The price has decisively closed above the upper boundary of the rectangle, confirming a breakout. This breakout signals increased buying interest and opens the path for further upside potential. Support and Fibonacci Confluence: The previous resistance zone of the rectangle is now expected to act as a support area upon a retest. Notably, this area aligns with the 0.382 Fibonacci retracement level, further reinforcing its significance as a potential demand zone. Bullish Continuation Bias: The breakout aligns with broader market trends and technical indicators, suggesting a continuation of bullish momentum if the support area holds. Trade Setup The following trade setup is proposed for CAD/CHF based on the outlined technical framework: Entry Zone : Near 0.63600 (retest of the previous resistance-turned-support). Stop Loss: Near 0.62800 (below the support zone to account for volatility). Take Profit Levels: TP1: 0.64400 (initial profit target near minor resistance). TP2: 0.65200 (mid-term target in line with historical levels). TP3: 0.66000 (extended target, capturing the broader bullish potential). Risk-Reward Assessment This setup offers an attractive risk-to-reward ratio with a controlled downside (80 pips) and substantial upside potential at each target: TP1: +80 pips (1:1 R/R). TP2: +160 pips (1:2 R/R). TP3: +240 pips (1:3 R/R). Market Conditions to Monitor Retest Validation: Ensure the price action confirms support near 0.63600, such as a bullish reversal candlestick or increased volume. Fundamental Events: Monitor economic data releases and geopolitical developments affecting CAD or CHF to avoid unexpected volatility. Momentum Indicators: RSI and MACD should sustain bullish trends, supporting the continuation of upward momentum. Conclusion The CAD/CHF pair presents a high-probability trading opportunity following its breakout from a well-defined consolidation zone. A retest of the newly established support area near 0.63600 offers an ideal entry point. Traders are advised to remain vigilant and adhere to the defined risk management parameters to maximize potential returns while minimizing exposure. This report is for informational purposes and does not constitute financial advice. Always conduct your due diligence before entering any trade.
Long
by trading_jupiter
CAD/CHF: Ready to Break Out? Edge-Forex is Bullish on This One!So, here’s where we’re at: CAD/CHF has been hanging out in this tight box between 0.6230 and 0.6430 for a while, just begging for a breakout. And Edge-Forex is calling it – we’re leaning bullish on this setup. Here’s why. 👀 Top of the Range Pressure 💥 Right now, price is sitting right up against that 0.6430 resistance, and with the way momentum is building, it’s looking ready to pop. If it breaks above, this could be our ticket to a bullish ride up. RSI is Supporting the Move 📊 RSI is up around 65 – not quite overbought, so there’s room to push higher if this breakout takes off. This is a classic bullish sign, especially with price testing resistance at the top of the range. Breakout Targets 🎯 If we see that breakout hold above 0.6430, our first stop is 0.6550. And if things really get rolling, 0.6700 isn’t out of the question. Edge-Forex sees potential for some solid gains here if we can clear this level with strength. How We’re Playing It: Bullish Entry: Jump in on the confirmed breakout above 0.6430. We want to see a solid close above this level – not just a quick fakeout. Protective Stop: Set it below 0.6230. If it dips back down, we don’t want to be caught holding the bag. Target 1: 0.6550 – the initial resistance to aim for. Target 2: 0.6700 if the bulls really take control. 🐂 Edge-Forex is bullish, but we’re watching that 0.6430 level like a hawk. If it clears, this could be a smooth ride up. But if it fakes out, be ready to adjust. Let’s see if CAD/CHF is ready to reward the bulls. 🚀
Long
by EdgeDotForex
#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.
Long
by PIPSFIGHTER
CAD/CHF Bank Money Heist Plan on Bullish Side.Hallo! 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : 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 💰. 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 2H timeframe Warning : Fundamental Analysis news 📰 🗞️ 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. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
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.
Long
by Thief_Trader
1
$CADCHF | Buy Trade | Market Exec |Technical Confluences: - Price action is close to the 50% Fibo extension from the beginning of time - Price action is bouncing off a strong Demand Zone to prevent a new all-time low Fundamental Confluences: - Higher interest rate environment compared to CHF will induce re-opening of carry trade positioning - Canada being an oil commodity nation, will have the strength of oil to keep their GDP sustainable - Even if the global economy weakens, oil will likely maintain it's pricing with OPEC and OPEC+ holding back supply ________________________________ Putting on a Long position in OANDA:CADCHF (1st Entry) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
Long
by weekendanalyst
CADCHF long Fibonacci Retracement Levels: The chart shows Fibonacci retracement levels at 38.20%, 50.00%, and 61.80%. The price seems to have retraced to around the 50% level and is currently hovering slightly above it. Moving Average: The 200-period Simple Moving Average (SMA) is plotted on the chart, currently at approximately 0.65750. The price has crossed above the 200 SMA, indicating a potential shift to bullish momentum. Support and Resistance Levels: Immediate resistance is around 0.66100, as indicated by the red horizontal line. Previous support turned resistance levels are at approximately 0.67032, 0.67216, and a lower support level at 0.64632. Volume Profile: Visible Range Volume Profile shows significant trading activity around the current price level (0.66008), indicating strong support/resistance.
Long
by Metow1sw