looking close at the chart this week decided to go long here looks like a false brake out from the channel and holding the only thing that makes me wonder is the 61.8 fib on the weekly TF that is not touched two ways: tight SL below the wick SL below 61.8 with less size
Hey Traders👋🏻 On The Daily Time Frame The CADCHF Price Reached A Support Level (0.66275-0.65980) ! Currently, The Price Failed to Break The Support Level 📉 So, I Expect a Bullish Move📈 ----------- TARGET 1: 0.67000🎯 TARGET 2: 0.67645🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders👋🏻 CHFJPY Price Broke The Resistance Level (153.450-153.960)✔ Currently, The Resistance Level Becomes New Support Level📈 So, I Expect a Bullish Move📈 i'm waiting for a retest.... ----------- TARGET: 155.888🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
USDCHF pair is trading in a minor bullish trend. The price sets higher lows, perfectly respecting a rising trend line on 4H. The market is approaching the trend line at the moment, To confirm one more bullish move from that, watch an inverted h&s pattern on 1H time frame. Our trigger will be a bullish breakout of 0.8998 level - the neckline of the...
The USDCHF pair got rejected on Friday on the 1D MA50 and is extending those losses today. The long term pattern is a Channel Down and the currently neutral 1D time frame technically (RSI = 49.936, MACD = -0.001, ADX = 19.890) suggests that this is a strong sell entry. You can target S1 but we are willing to go marginally lowe on S2 (TP = 0.87610) based on the...
CADCHF broke and closed above a solid horizontal resistance on 4H. Now, the rising trend line and a broken structure compose the contracting zone of demand from where I will expect a bullish continuation. Next goal for buyers - 0.671 ❤️Please, support my work with like, thank you!❤️
Mega bearish on EUR at the moment and I think we'll continue to see EURCHF slide. Here's my ideas, plan A and plan B both resolve at a TP of 0.967 but I think we'll break through the demand zone and head down to 0.957, which is a 1:6 trade. Last week the Euro was the worst performing G10 currency in my analysis, we can see USD strengthening (which indicates risk...
The USDCHF is trading inside a Channel Down, with the recent rebound on the MA50 (4h) bringing the price at the top of the pattern. The MA200 (4h) is about to be tested for the first time in seven weeks and is the pivotal level for the short term trend. Trading Plan: 1. Buy if the price closes a (4h) candle over the MA200. 2. Sell as long as it closes under...
The AUDCHF pair is on a long term Channel Down that has just been rejected on the 1D MA50. The 1D technicals are marginally bearish (RSI = 44.758, MACD = -0.002, ADX = 32.406) meaning that this is still a sell opportunity in its early stages. As in December, target the LL line (TP = 0.580000). ## If you like our free content follow our profile to get more daily...
Hello Traders👋🏻 The CADCHF Price Reached a Supply Zone ✔ The Price Failed To Create New Higher High📈 Currently, CADCHF Formed a Triple Top Pattern ✔ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, CADCHF Can Continue The Bearish Move 📉 ----- TARGET 1: 0.65795🎯 TARGET 2: 0.65365🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE...
AUDCHF is trading in a bearish trend. After the price set a new lower low, it started a correctional movement. The pair reached a major falling trend line this week. The market was stuck on that for a couple of days and formed a horizontal range on 4H. Its support was broken yesterday. It will most likely trigger a bearish trend continuation. Goals will be...
The USDCHF pair is repeating a pattern we identified last time from late 2022. After the Triangle's Support broke, the price formed a Channel Down that hit Fibonacci 2.0. We have already achieved Fibonacci 1.5 on the previous trade and Fibonacci 2.0 is at 0.8700. Target this as long as the 1day candle keeps closing under the 1day MA50. Previous chart: ...
The AUDCHF pair reached the bottom (Lower Lows trend-line) of the 2-year Channel Down pattern and rebounded, testing now the 1D MA50 (blue trend-line). Then that 1D MA50 test took place after the RSI on the 1W time-frame rebounded on its Support Zone, all three times the price hit the 1D MA200 (orange trend-line). This can happen a little quicker at 0.62000 or...
AUDCHF managed to break the downward trendline and 🔴resistance zone🔴. Currently, it seems that AUDCHF has succeeded in completing a pullback; the sign of the completion of the pullback of the Hammer Candlestick pattern is near the resistance zone in the 15-minute and even one-hour time frames . I expect AUDCHF to go up to at least the 🎯target🎯 I have marked on...
Hello Traders👋🏻 The CHFJPY Broke The Key Level (151.110-151.528) ✔ So, The Resistance Level Becomes New Support Level If Price Stays Above The Key Zone, CHFJPY Can Create New Higher Low and Continue The Bullish Move 📈 ----------- TARGET 1: 153.450🎯 TARGET 2: 155.888🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
hi CHFGBP is in supply area and ready for fall Entry:0.9044 SL:0.9067 TP:0.8680 RR=1:6
CHFJPY is trading in a long-term bullish trend. Last week, the price managed to violate a key weekly resistance cluster 148.0 - 151.5. The broken structure turned into a demand zone now. The pair is currently retesting the broken structure. I will expect the accumulation of buying volumes within that and a bullish continuation to 156.1. ❤️Please, support my...
Hey Traders👋🏻 The CADCHF Price Reached a Strong Resistance Line ✔ Currently, CADCHF formed a Rising Wedge ✔ The Price Failed To Create New Higher High 📈 The Support Line of the wedge is Broken 🔥 If Price Stays Under The Key Zone, CADCHF Can Continue The Bearish Move 📉 ----- TARGET: 0.65354🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE...