Price is in a large ascending channel suggesting there might be bullish momentum pushing prices up. Our pivot is at 0.8822 which is a pullback support level - if price were to bounce from this level, we could see it rise towards the 1st resistance at 0.8877 which is a recent major swing high resistance.
If price were to break the pivot, we could see it drop...
hi traders.we are in daily demand zone.as you see we have choch.so in pullback we can waiting for long confirmation around FVG area.what do you think?
R:R 1:67
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🔰You can see the analysis of Euro to Swiss Franc in 30 minutes time frame (EURCHF_ 30 min)🔍🧨
💥If the price can break the line of Downward trend🖤 and Resistance🧡 to the top and stabilize❗ above it, it can have an upward trend until the SUPPLY zone🚀🔺
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the...
The GBPCHF too me is more of a bearish than a bullish move after it broke the December Support zone.
A little more confirmation when the market opens on Monday, a perfect time to enter a trade will be around the 10am when its confirmed if its a fakeout or a real break.
🔰You see the analysis of the AUDCHF in one hour ( AUDCHF , 1H) ❗️🔎
🔰SELL AUDCHF at 0.70590
✅TP ; 0.69900 (+69 pips)
❌SL ; 0.71000 ( - 41 pips)
📊R/R ; 0.59(This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰SELL AUDCHF at 0.70590
✅TP ; 0.68970 (+162 pips)
❌SL ; 0.71000 ( - 41 pips)
📊R/R...
🔰You see the analysis of the AUDCHF in one hour ( AUDCHF , 1H) ❗️🔎
🔰SELL AUDCHF at 0.70590
✅TP ; 0.69900 (+69 pips)
❌SL ; 0.71000 ( - 41 pips)
📊R/R ; 0.59(This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰SELL AUDCHF at 0.70590
✅TP ; 0.68970 (+162 pips)
❌SL ; 0.71000 ( - 41 pips)
📊R/R...
USDCHF Breaking Resistance
USDCHF recently broke its resistance at 0.9465
The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance)
If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest)
If 0.9460 will not hold price may go down and...
Hey tradomaniacs,
The market is really choppy looking at equities. It looks like the tec-hype is currently over as we see a suffering Nasdaq, while indicies with a worse performance last year are rising (DAX30).
This is causing a mixed cashflow and so a little bit of chaotic forex-market, which is testing our patience.
I`m currently looking for CHF-Trades as...
Hi Traders,
The market has broken the structure and it has on retesting the broken support turning resistance, moreover, the pair is on downtrend and it should be fine to sell this from this level; bear in mind that it's on the last days of the year, maybe trend is changing and this could be a fake breakout and it is an indication that the market finished its...
CHF/SGD is weak and we can expect it to continue it's bearish trend further below on the long term this next few weeks *as long as the 50 EMA holds as resistance on the daily timeframe.
It may make some pullbacks up but it is nothing to worry about as long as it never finds support. The reasonw why I leave my SL higher than the 50 EMA just in case.
This is a...
