Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97973 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98353 Why we like it: There is a pullback resistance...
Waiting patiently for a buy setup. It's coming! CHF Futures is CHFUSD, the inverse of the FX pair USDCHF. If you are trading FX, then look for the SHORT setup on USDCHF.
The CADCHF pair Has been trading within a Channel Down pattern since January 2023 but recently it has shown growing signs that the long-term bearish trend is coming to an end. First of all, it formed the first Golden Cross on the 1D time-frame since April 01 2022. Since then, it has held the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) as...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.90951 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.91505 Why we like it: There is a pullback resistance...
We are in a down trend and currently in the corrective phase of the leg. We have not gotten a multi touch confirmation but we got a second touch which is also still valid to use. Price tested the previous high and rejected. Going down into lower time frames. The are 3 bearish soldiers from that rejection which show further market strength. We are in a very...
The Swissie (USD/CHF) is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 0.90948 1st Support: 0.90138 1st Resistance: 0.91514 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
USD/CHF is rising to a resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement, and could reverse from this level to our take profit. Entry: 0.90966 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.91527 Why we like it: There is a pullback resistance...
The USD/CHF pair is approaching a key order block zone, showing signs of waning buying pressure. It appears primed for a pullback to retest the last significant bullish pivot. Keep an eye on this area for potential trading opportunities.
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The GBPCHF 15-minute chart provides an intriguing perspective for a potential SELL based on Elliott Wave Theory. We observe the completion of a five-wave upward sequence culminating in wave (5), suggesting that a corrective phase might be underway. From the peak at wave (5), we can see the start of a downward correction. The corrective wave (a) has already made a...
Despite positive news for CHF, we view the pair as bullish as long as it remains above 0.90892. The daily chart reveals a clear short-term bullish channel. On the 4-hour chart, a strong zone is apparent. Exercise caution: Do not enter long positions until the LR + 2 * stdev line is broken. Avoid short positions until the level of 0.90892 is breached.
The GBP/CHF pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
Price has just bounced off the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.91511 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.90981 Why we like it: There is a pullback support level Take...
GBPCHF - 24h expiry We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. We look for a temporary move...
NZD/CHF is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 0.53942 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.53448 Why we like it: There is a pullback...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the resistance holds, we will be looking for sell setups on 1H. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
USD/CHF is falling towards a support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.90750 Why we like it: There is an overlap support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.90137 Why we like it: There is a pullback support level Take...
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.15100 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15100 support and resistance zone. Trade safe, Joe.