USDCHF is tracing a triangle pattern that will complete wave B. It is now in wave c of the triangle that should not surpass 1.0248. If price crosses down 0.918 this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
SMI has finished or is very near to finish its primary wave 2. After wave 2 is finished, wave 3 down should lead the index to new lows. If the index crosses down 9,380 the odds are that wave 3 has already began. FOLLOW SKYLINEPRO TO GET UPDATES.
GBPCHF is Bullish - We look to Buy at 1.1875 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Price action looks to be forming a bottom. ▪️ Bespoke support is located at 1.1875. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.1875, resulting in improved risk/reward. ▪️ Expect...
Hi friends the graph of this market in a 1 hour period shows that it will experience a bearish trend in 4 hours also the same in day please subscribe
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EURCHF is Bearish - We look to Sell at 1.0522 ▪️ Price continues to trade within the triangle formation. ▪️ The continuation pattern should target levels between 1.0485 & 1.0500. ▪️ Negative overnight flows lead to an expectation of a weaker open this morning. ▪️ Further downside is expected, however, due to the strong support below we prefer to sell a break of...
We saw prices break the previous resistance at 0.59124, now expected to become a new support level. Buy at the new support level and prices will continue to new resistance at 0.60350. Like if you agree.
SWISSQUOTE N in showing huge bullish momentum not only to keep but to buy more
GBPCHF is Bullish - We look to Buy at 1.2035 ▪️ Short term momentum is bullish. ▪️ We have a 50% Fibonacci pullback level of 1.2037 from 1.1869 to 1.2205. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.2035, resulting in improved...
Short idea with great riskreward
If you are risk taker, should enter this market at this moment with minimal risk, but this pattern haven't confirm yet if price can not break 0.9670. but, if you want to waiting, look at 0.9670 before you join the market with sell order.
From a TA point of view on the daily chart, looks like a nice downtrend we can hop in. Pointed out what I'm looking at on the chart. Trade safe and keep your money management on point.
The LONG GAME is BACK... (Make America Great Again) this feels like GOLD back at $1,200 levels -- i recall the day in 2010 and 2011 when this shook the FX space when the swiss decided to devalue in a heartbeat now 10 years later 2020 of March, shall we cover back to 2010's fresh highs see you halfway point folks
This pair is very interesting as far as it shows kind of a crisis barometer, normally CHF is used as a safe haven so when something is going badly we can usually see an inverse situation when US dollar gain against almost everything but losses positions with Franc and Yen Two scenarios I'm getting prepared with USDCHF: 1. Yellow: here we can have some enlargement...
Market is overall sell so far and bear weighing against bull. Probably we may see some new lower highs and lower lows further.
Interesting area to look at as we are approaching resistance on multiple time frames. Will be looking for a short once we break market structure. We are still currently in an uptrend.
The Swiss index is tracing down super cycle C wave that should bring down its prices below 6200. There would be opportunities ahead in counter-trend moves, but the long-term is down. In the shorter timeframe the index is on the final stages of intermediate 2 up. After it finishes, wave 3 we bring the index to new lows. FOLLOW SKYLINEPRO TO GET UPDATES.