CAD/CHF

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CADCHF – 4H Timeframe (H4) Technical & Fundamental Analysis

The Bank of Canada maintained its policy interest rate at 2.75% in April 2025, opting for caution amid global economic uncertainties.

Looking at the CADCHF 4-hour chart, The pair is exhibiting a potential shift in momentum after a prolonged selling phase. Price reached a significant low around 0.58400, where it formed a Triple Bottom pattern — a classic reversal signal. This technical structure was followed by a break above the minor resistance level at 0.59500, marking a clear Change of Character (CHOCH) that signals emerging bullish sentiment.

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Snapshot

CADCHF
just executed short...SCS @ .5974
💯 solid setup...watch this tank 💥
expecting min DD max RR... 📉

CADCHF

EYEBALLING

4H Time Frame is at the next designated marketplace, and theres not much transactions going on yet because its Asian Session.

I am expecting more buyers for CHF later, because CHF has been discounted, and the opportunity to buy CHF is here.

I am not taking this trade, however because I am on a self ban until May, to protect what little I made over this month of April 2025, standing slightly over +2R over three trades. 2 winners one loser.

besides that, the entry time frame is too high. If i were to get an appropriately smaller SL on 1H or even the 15 minutes, I might "consider" entering, just by eyeballing.

1104SGT 24042025
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