swissfranc

I hope you boys like this. We have seen a lower low on the 4hr and now a bullish flag. Going to use the elliot for a good RR ratio with 2 positions. 115 seems to be a comfortable number for wave 3 on this pair which is also 1.618 of the first wave down. Final wave also seems to be another solid horizontal key number which tends to be 2.618. Stop loss will ...

Hi boys! Aud chf looks like it will continue upwards to double top on the daily. We have a perfect elliot so far. Wave 3 was a perfect 1.618 of the first wave. Wave 5 will be just as long as the first wave, so I am expecting a double top before it dips again. Conversion line crossing base line signaling further upside and this thing broke the cloud on most ...

Short after the retracement back to fibonacci zone, or wait for break of trend line!!

Canadian swiss franc has two major horizontal levels. Price action looks like it might break horizontal level upwards and range between 7300-7700. It's had a very nice bullish run this week, however, it is important to wait for the daily candle to close above the horizontal resistance. RSI has reset and still has more room to move upwards. It also broke the ...

Short on the EUR CHF pair. EURCHF looks like it will be turning from the resistance line and head down towards the gap. We've also shown rejection at the resistance with a lower high, so I will aim for a lower low around .1618 of the first wave. Nice crossover on the daily stoch. If it hits the stop loss, then everything will be invalid. Good RR ratio.

Hi Folks! Looking for a possible reversal according to some Elliott rules and criteria. If we are right we will have an ABC expanded flat which will develop a new daily impulse. Let's see how it develops, too early to plan any entries. - Hola Amigos! Buscando una posible reversión de acuerdo con reglad y criterios de la teoría de Elliott. Si estamos en lo ...

U.S. Dollar/Swiss Franc

info on chart

I think having a cash position in CHF makes sense here, so, if your margin accounts have $USD as default cash/balance currency, I'd reccomend swapping it for $CHF. I see a potential continuation of the monthly uptrend in the Swiss Franc, which would send this pair easily 15% higher within a year. Best of luck, Ivan Labrie.

This thing has gone as expected. It has great RR ratio with a nice cross on the stoch.

Good day and night! Though being slightly incorrect, a bearish wolfewave is being formed at H4 time frame and after reaching point 5 will likely become an interesting sell opportunity in the 0.978x area. Initial stop loss will be set around 0.9834 and after the breakout of line 2-4 will be placed just above the local peak. Good luck to all and successful ...

AUDCHF has been facing significant downside pressure. This has been confirmed by the recent break of 4Q 2016 trend support and successfully retesting it with a rejection. This has pushed the pair into bearish territory. We have recently seen a solid retrace which might allow for entry/addition of short positions. Currently sitting at 0.73000, the lower 4h ...

let's see

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GOING DOWN

This is a general market prediction and does not constitute investment advice. Follow your plan and rules. Good luck!!!

USDCHF has been falling rapidly due to weakness in the USD. It has fallen all the way to major Daily support around 0.97000 where it has bounced nicely twice and since has been consolidating for a few days. I can see some more upside to retest the major resistance around 0.98000 price area but the longer term direction of this pair (whether it breaks the ...

The aussie franc has had a bit of consolidation happening, which may provide a good opportunity for bears to hop on the recent downward run if they missed the boat the first time. Set your stops and TP as per chart for a solid 3:1 RR ratio. Watch smaller time frames for a more solid entry point if you want to avoid whips.