EURCHF REJECTION OFF SUPPLY ZONE, PROFIT TARGET AT DEMAND ZONE
We look to Buy at 1.2885 Buying pressure was posted in the market yesterday and has continued overnight. Positive overnight flows lead to an expectation of a firm open this morning. Broken out of the channel formation to the upside. A mild correction has been posted from yesterday’s high, this is seen as a retest of the breakout level. Further upside is expected...
Trade Background: Price continues to move higher alongside global equity market. The risk on we're seeing is causing the Swiss Franc, a currency known to be a safe heaven, to devalue since mid November. As price approaches final resistance level, look for a potential reversal. Keep in mind that the pair will most likely reverse alongside a broad global market...
-daily demand holding price but notice the price action on the daily TF. -Every time price comes down into demand a smaller reaction takes place every time. -price getting squeezed. -Watch Sunday meeting for analysis.
The price is hitting the 5th time the resistance trendline. Look for a breakout if happens, if not enter a short position. Consider the wicks as bull traps, and always when you draw a trend line take it from the candle bodies to be safe.
The USDCHF parity failed to hold above the resistance. I think we are in a valuable place in terms of risk / reward ratio since we are near the resistance. I think you can open positions by minimizing risk. Stretch Stop-loss in your opinion. (Or can you can adjust stop-loss like that : close > 0.99231) My suggestion parameters for this analysis are: RISK/REWARD...
Here ' s my last opinion about USDCHF . You can see support and resistances which i draw on presentation manually. And i drew channels. I will consider open position , if price breakout resistance if my indicator generates buy signal, regards.
USDCHF Looking to short it at a .50 pull back of this current down move. We completed a flat correction pattern after a new low and .9970 has been acting as strong resistance. There is a lot of volume in the red zone. I'm looking for this volume to act as resistance...specifically at .9925 My entry triggers are harmonic patterns . I enter them in these zones...
CF 4-hr Head & Shoulder, Execution Price
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Hi there. Price is forming a continuation pattern to the downside on lower time frame. Wait for the price to complete the pattern and watch strong price action for sell.
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
4H Chart Explanation: - Price made a pullback to the Ascending Channel. - Price broke the Ascending Trendline. - Now, it has potential to move down towards the Support Zone. Check out our Weekly and Daily Analysis! Weekly Analysis: Daily Analysis:
Yesterday the daily range was 32 pips whilst the 20-day ADR was 52 pips. Price missed the daily range hence I expect a decent price expansion of above today's 20-day ADR of 48 pips or at least hitting the exact range projection. I am bullish bias for CADCHF hence I am looking at the liquidity pool at 0.74800-0.74880 and/or 0.74700-0.74600. If price enters into...