Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, in which it firtsly fell to support line, breaking $0.8795 level. But soon, price bounced and made strong upward impulse to resistance line of channel, breaking two resistance levels. After this, Swiss Franc...
Downtrend channel was broken up. Price is testing the new support. Good time to open a long position. SL below the previous green candle, triggers if a red daily candle closes under it. On the other hand we have a rounding bottom, not a big one but was enough to break out the channel.
Hello Traders! The USDCHF Reached a Monthly Support Level ! Currently, The Price Broke The Key Level (0.88202-0.88440) . The Resistance Line is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.89590🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders! On 17 Aug, The CADCHF Reached a Support Level ! Te Price Formed a Falling Wedge Pattern ! The Resistance Line of The Wedge is Broken. The Resistance Level (0.65750-0.65825) is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET 1: 0.65750🎯 TARGET 2: 0.66000🎯 ___________ if you agreed with this IDEA, please leave a...
USDCHF is trading inside a Channel Up since the start of August. At the moment the price is supported by the 4hour MA50. The 4hour RSI indicates that we may be replicating a consolidation pattern much like August's. You can scalp the 0.88950 - 0.89775 range as the upper limit in August was the 1.618 Fibonacci extension. Follow us, like the idea and leave a...
EURCHF broke and closed above a major falling trend line on a daily. The market is currently retesting that. I anticipate a growth to 0.9595 resistance. ❤️Please, support my work with like, thank you!❤️
The USDCHF pair broke last week above the 1 year Channel Down and closed above the 1D MA100 (green trend-line) for the first time since November 09 2022. The price action has now completed five 1D candles above the 1D MA100 and the pattern that seems to be prevailing is a Channel Up (blue). With the 1D RSI hit 67.00, almost turning overbought, so our intension is...
Hello traders, We have yet another great market set up to take advantage of. The CHFSGD has been consolidating in a falling wedge. We have since seen an opportunity to take advantage of a trend violation on the daily timeframe. Should we close above the trendline today, we are definately bullish unti we reach our target set at 1.48927, this target was set by our...
Finally, CHFJPY broke the upward channel and firmed a triple top pattern. On my view, its nice time to short this pair. Trade safe. Good luck.
Hi folks today I'm prepared for you Swiss Franc analytics. A small time ago price declined to the 0.8765 support level, which is located inside the support zone, but soon it rebounded and rose to the next level. After the Swiss Franc reached the 0.8870 level, it at once made a correction to the trend line, thereby breaking the 0.8765 support level, but soon the...
Hello traders, I want share with you my opinion about Swiss franc. By observing the chart, we can see that the price some time ago bounced from the seller zone, which coincides with the 0.8870 resistance level, and made a strong downward impulse below the buyer zone, thereby breaking the 0.8870 resistance level and 0.8615 support level too. But later Swiss Franc...
The AUDCHF pair has been trading within a Channel Down pattern since the January 27 2023 High. The price is currently on a 2-week rise and following the completion of a 1D MACD Bullish Cross, it can extend to at least the 0.382 Fibonacci level based on the previous two Lower Lows of the Channel Down. As a result, we are targeting 0.58200, which would also make a...
Looks like a cup and handle to the downside, continuation pattern. Support is giving up, take profit at the next phycological level 0.6400 but there is no limit how far down it can go. Just let it fall.
Important decision is ahead on USDCHF. The price is currently approaching a major falling trend line on a daily time frame. If bulls manage to break and close above that, probabilities will be high, that the pair will keep growing at least to 0.89 Alternatively, there is a strong horizontal support just below the current price levels. If the market violates...
Hello Traders👋🏻 Yesterday, The EURCHF Price Reached The Support Level (0.96771 - 0.96438) Currently, This Key Level is Broken (Support Becomes New Resistance Level)🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.95185🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 After price started to trade in rising channel, it rose to $0.9015 point and then started to decline. Price reached resistance line of wedge and then made strong downward impulse to $0.8585 support level, thereby breaking two levels - $0.8955 and $0.8765 Then...
As I predicted, CADCHF bounced from a key daily structure support last week. Analysing 4H time frame, I spotted one more bullish signal. This time, the pair broke and closed above a resistance line of a falling wedge pattern. It indicates that the market may potentially go even higher. Next goals - 0.6524 / 0.6544 ❤️Please, support my work with like, thank you!❤️