USDCHF is good for long trade! + Oversold + Strong Support +Strong Trendline
USDCHF BEARISH SHARK PATTERN Market Buy Order Set Up. Buy Entry: (0.88989) Take-Profit 1: (0.88717) Take-Profit 2: (0.88425) Stop-Loss: (0.89365) Max Risk-Reward: (1.50) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
USD is getting weaker, predicting a bearish move.
Trend : Down Tendency : Downward Below Resistance After retest and confirmation => SELL
USDCHF shows an opportunity for buy. A breakout of the neckline and a bullish candlestick confirmation is expected at this region. Ideal stop loss is price region below the right hand shoulder. Target is as shown on the chart
USDCHF buy opportunity right at 50% fib lev with support and trendline confluence.
USD/CHF Retest breakout ? Resistance Levels: 0.92022, 0.92984, 0.94008, 0.94545 Support Levels: 0.91423, 1.89893, 1.88908, 0.86393 #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
BEARISH GARTLEY PATTERN PRICE REJECTION FROM A KEY RESISTANCE
It appears the price is producing a horizontal channel on the USDCHF 4H chart. One could say that that is an expected accumulation evolving after an earlier bearish trend. At the moment I look forward to shorting the pair with TP1 in the mid-area of the channel.
Open Position: Sell 0.90782 (valid until 04.09.20) Take Profit: 0.90266 Stop Loss: 0.91111
New Update On USD/CHF New Setup Is Available
Nice setup here, going for lows about 30 pips down, at least.
I anticipate that price will bounce off the short upwards trendline on the daily chart. The US Dollar Currency Index shows a strong inclination to support USDCHF long prediction as it's also moving in quite a similar direction. Entered trade at 0.93870 A risk-reward ratio of 1:7.89 SL: 0.93540 (-49.1 pip risk) TP: 0.95326 TP2: 0.96708 TP3: 0.97905 It should be...
Going to see if price goes up from here for at least 24 pips locked in for the 1st target, 2nd at 40 pips.
Seeing if this has any takeoff ability or continue back in line with down trend.
I posted a setup on this pair some days ago predicting a downside move. Well price went according to my analysis. I'm still seeing some bearish momentum, price will likely go lower to the weekly support