the impulse is too big to go straight up; I believe that the price will struggle a little(1-3 days) before reaching the yellow area...
Simple Double bottom break and retest formation. Price at a key support area, showing convincing price action for a reversal to the upside.
interesting PA on 1h timeframe Tp is a little exaggerated..you can trail your profits
Expecting major positvity fundamentally to act as a catalyst to the anticipated bullish reversal within our current descending channel. We would wait for BAR (Breakout and Retest) before scaling in with heavy lot sizes
seems that GBPCHF likes to range in that area;
USD/CHF broke above a bullish Falling Wedge chart pattern, extending gains towards the target of the breakout. This follows broad US Dollar gains in the aftermath of the Fed rate decision. Learn more about Falling Wedges via DailyFX.com here - www.dailyfx.com A bullish crossover between the 20- and 50-period Simple Moving Averages offers a near-term...
-Values- Entry Range: 0.89896 - 0.88857 Average Entry: 0.89164 (RRR: 1.91) Stop Loss: 0.87765 Profit Target: 0.91860 -HOW TO ENTER MY TRADES- 1. Ladder your entries. You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled. 2. Only first touches are valid. If price is rebounding back...
USDCHF Shorting after it retests the broken structure!
if daily candle closes under previous daily support i will look for the retracement to continue down to next daily support. If it closes ABOVE, i will look for a continuation to our buy target which is our weekly zone and fibonacci expansion zone. im bullish on this pair but each green line (daily zones) could be small pullbacks.
Buy from current and 1.0660, stop 1.0571, target 1.1255 Shopping from weekly commercial interests. The risk is 70% of the total. Stop for a cluster of monthly volume. I will close 50% of the position at 1.0965
Hey friends, It seems Franc Yen heading downwards. please share your views.
AUDCHF's next move appears to be bearish. What do you think of my idea? Have a great trading week.
AUDCHF's next move appears to be bearish . What do you think of my idea? Have a great trading week.
EURO / SWISS FRANC Buy in the area of 1.0843 - 1.081 Goal 1 - 1.0781 Goal 2 - 1.0752 Goal 3 - 1.0703 Stop, fixing below 1.0852 ✅ f you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?
In light of the tragedy facing the international monetary policy, people who understand debasement know that it was the fall of many empires. From the Romans to the Middle Age Bankers. Bankers overpromise and underdeliver. In all the countries on earth Switzerland and China are the two currency likely to do well as the US loses its dominance by over-borrowing off...