Welcome to my new analysis of CHFGBP. Within recent times CHFGBP continued with forming a highly important formation in the whole formational structure as it managed to build up bullishly within the major areas of the structure. In this case, I have detected the most prevalent important signs and considerations to determine for CHFGBP and the...
Hey Traders, in today’s trading session we are monitoring GBPCHF for a selling opportunity around 1.115 zone, GBPCHF is trading in a downtrend and currently is in a correction phaseon which it is approaching the trend at 1.115 support and resistance area.
Trade safe, Joe.
USDCHF has been rising non-stp since the July 18th bottom on 0.85555 (S1). The 1D outlook is on straight bullish technicals (RSI = 61.656, MACD = 0.005, ADX = 40.729) and as the 1D MA50 has been turned into Support, we expect the rally to peak within the 1D MA200 and the inside LH trendline. That would be as close to the top of the twelve month Channel Down as...
Alright, let's break down this CAD/CHF sell trade. 📉
First off, if you peek at the monthly and weekly charts, you'll notice this pair's still riding the bearish wave. 📊
On the hourly chart, buyers seem to be in control and have pushed the market into overbought territory. 📈
Now, my eye's on two attractive targets: 0.65750 and 0.65000. 🎯🎯
Now, a bit of context:...
The CHFJPY pair is trading above the 1D MA50, holding it tightly for the past 10 days. Technically that is the long-term Support trend-line since March 29, while the long-term pattern has been a Channel Up.
As long as the price is trading above the 1D MA50, we are bullish, targeting 171.000 (+8.00% increase). If the price breaks below the bottom (Higher Lows...
This pair already break triangle pattern, and now bearish flag almost perform.
We can take short position with target at 161.784 as bearish flag projection.
I will update more about this analysis once i have new pattern
may profit be with you
Welcome to my newest idea about CHFAUD. In my recent analysis, conduction, and chart price-action I have detected important underlying trend dynamics and price action dynamics that are likely to alter the whole CHFAUD price action and trend that is currently ongoing. Currently, it is highly necessary conduction to consider if the CHFAUD current...
The EURCHF pair broke above the 1D MA50 (blue trend-line) and closed yesterday's 1D candle exactly on it. This is the first bullish signal we encounter since the June 12 1D MA50 break-out. The long-term pattern is a Channel Down but since July 27, the price has been holding the 0.952250 level (Support 1) as well as the 0.96510 (Resistance 1).
As a result, we have...
EURCHF - 24h expiry
0.9600 continues to hold back the bulls.
Risk/reward is ample to call a sell trade.
The primary trend remains bearish.
The preferred trade is to sell into rallies.
0.9599 has been pivotal.
We look to Sell at 0.9597 (stop at 0.9617)
Our profit targets will be 0.9547 and 0.9537
Resistance: 0.9595 / 0.9603 / 0.9620
Support: 0.9580 /...
Take a look at CADCHF.
The pair broke and closed above a key daily resistance last week.
The price is currently consolidating with a narrow horizontal range, retesting the broken structure.
Your intraday bullish confirmation to buy will be a bullish breakout of the resistance of the range.
4H candle close above 0.6643 will confirm the violation.
Hey Traders, in today’s trading session we are monitoring USDCHF for a buying opportunity around 0.89300 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89300 support and resistance area.
Trade safe, Joe.
seems like cadchf has already bottomed out and preparing for massive bullish rally in coming weeks
descending channel breakout has already confirmed in daily timeframe retesting in process incase of successful retest expecting 400 pips bullish wave
Expecting the recent retracement to continue at least to 0.586 support, just crossing the mid point of my descending channel.
Overall I'm still bearish on this pair (just), I am expecting the reversal at some point soon, either from here, or around the ATL marked on the chart.
I see AUD gaining in strength as China wakes up. There's a big interest rate decision...
**Find out more from my Tradingview Stream this week**
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Hey Traders, in today’s trading session we are monitoring USDCHF for a buying opportunity around 0.88900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area.
Trade safe, Joe.
UC we got a nice tap in to our swing range POI last week which was telling us buy side movements are likely, now from here we are looking to see the high taken, we hit a pretty key level (c-swing poi) from there we closed out for the weekend, from open we are still looking for the high to be ran so keep this in mind as we head into our new week.