As we know. The rich get richer. The poor get poorer. Well a rich and sustainable economy like Switzerland (one of the most expensive countries to live) is showing major strength for the Swiss Franc. We are seeing a Cup and Handle form. The price broke above the brim level, came back down and jumped up. This conservative entry is where all the demand and...
Cup and Handle and a Falling Flag has formed on the daily with the Swiss Franc versus the South African Rand. There was a one month consolidation and retracement. And now it looks like the buying and demand is kicking in again for the CHF. We are looking at all yearly highs soon. 7>21>200 RSI=50 Target R22.00 QUICK STORY~! I was in Switzerland in...
We are in sell tendence after this lst candle I recommand you to sell
CHF/ZAR is our specialty as you can check out our previous ideas and we spotted a wave of going up in the mid-term. As it is not a short-term move we have to be careful with our risk/reward and need to wait till we are sure that this is a false flag before giving up our position. Therefore; Level of entrance is 16.50, SL is 16. TP 18.40.
Hello traders! MACD line just crossed below SIGNAL line -> beginning of a BEARISH DOWNTREND RSI 14 is going down and it is far away from being oversold. CHF/ZAR price seems to be already in a retracement which will probably end in the vicinity of the support Please, maintain proper position sizing and risk management! Not a financial advise Trade safe
We were spot on with our last two trades on this pair and I believe another round is on the table. This is riskier than usual as the main trend is still upwards. Entry: 14.96 Stop-Loss: 15.04 Target: 14.80
In our first CHF/ZAR midterm plan, we spotted a move upwards but we were stopped unfortunately. Then, we got even more with the short term. Now it is time for our next move. Follow to hear more! Entry: 14.60 Stop: 14.52 Target: 14.77 Have a nice week!
CHF/ZAR has been dominated by the bears for a bit of time. We see that it takes a break for the short term. Entry: 14.385 Stop: 14.33 First target: 14.52 Final target: 14.60 I wish everyone a happy New Year!
Going Short After Breaking the trendline and confirmed (the breakout) By the MACD in the weekly frame Tp1: 13.65 Tp2: 13.31 Tp3: 12.82
CHF is surging to new higher levels in midterm levels. Entry: 14.65 Stop: 14.50 First target: 14.93 Second target: 15.27 We take half profit in the first target and move our stop to our entry price (14.65), then wait for the second target to hit.
Buy at R14.82 with a stop at R14.50 and a target of R15.75 for an close on 3:1 reward to risk trade. CHFZAR bounced of support and turned on oversold levels.
i don have time to decorate charts lets jus go str8t to the point!!!! usd zar bear idea
Hello Traders. This is Fdz Bringing to your attention my analysis on the Chf/Zar pair. I spy with my eyes a completed Inverse Head & shoulders turned into a Cup & handle. both patterns are bullish. retest/handle seems complete. might rally when reports are released. Im placing my stop under the shoulders. Tp in place. Happy trading.
Setup. CHF weakness is certain. Nice short opportunity.
CHECK LOWER TIME AND TRAVEL TO THE D POINT OF CYPHER REFER CHART FOR DETAILS
This idea is for educational and demonstration purposes. Please refer to the last post that's linked to this post where I gave the idea of a teacup for this pair. Please note that this is a lesson in that although we may have a trade idea, we must watch action and follow it out swing by swing. Although the teacup is very nice and pretty; prettiness doesn't...
This is not a signal but is for educational and demonstration purposes only. There are no guarantees this idea will play out. We must look at price action along the way. Here are a few confluences I see so far for the short term (they are not confluences for the entire idea; we must watch along the way and take what the market gives us. The teacup is not a...