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.
Elliott Wave View suggests USDCHF rally from March 9 low is unfolding as 5 waves impulse structure. Up from March 9 low, wave ((1)) ended at 0.9889, and wave ((2)) pullback is proposed complete at 0.9497. Internal of wave ((2)) unfolded as a Flat structure. Wave (A) ended at 0.974, wave (B) bounce ended at 0.99, and wave (C) of ((2)) ended at 0.9497. Pair still...
So far almost as forecasted. Wait for corrections (even 1H) to find sell setup as shown on the chart. Happy Trading & stay green! Please let me know your view about the idea Check out the "Related ideas..." in the links below too
This will play directly with our trades this week. Risk-on will take this currency which I've already called over 170 pips of price action in just under a week, another 90 pips north. If price approaches this upside extension, it would be running into significant resistance on the longer term timeframes which is also being taken into account with the entry for...
USD/CHF is currently trading a key weekly level around 0.98400 - 0.98700 zones. This weekly support { purple line } has been rejected several times in the past, with the pair bouncing around 130 pips each upside movement. The daily candle isn't showing any prime entry point, therefore we expect this pair to stay neutral until FOMC meeting today and SNB meeting on...
See originally linked bias, chart description and predicted price action to the downside by a profit of +100 pips in less than 2 trading days thanks to the current risk-off environmental sentiment from the equity markets around the world. This can be directly attributed to both options data taken from bloomberg, looking at auction pricing for The next round of...
UF: Bearish weekly setup/bias
Our short trade from last week has now been covered. We're currently floating +32 pips in profit and awaiting some price action to further this trade into profit. If you did not take this trade short from our suggestion last week (entry only given in Telegram) many opportunities are showing themselves for this week.
CF 4-hr Head & Shoulder, Execution Price
We've hit some strong resistance for this pair and I am looking for it to be broken for a chance to get into a bullish breakout. I've drawn out my buy zone I'm watching in yellow, I would like to see either support form with a good candle, or a breakout of that zone to help confirm it is indeed time to buy. I've drawn out a couple targets on the way to my...
USD/CHF Signal Closed at Break-even This trade has finally closed at entry, after grossing +85 pips, where we closed and took 50% profit at +60 pips. There was no drawdown with this trade. Well done to all that took this trade with us!
I am bullish CADCHF at the moment. I missed the "anchor" signal yesterday but there are still opportunities to buy the dips. I am looking at 0.74560 - 0.74650 price zones and 0.74300-0.74400 as an "anchor" to long this pair towards the 20-week AWR upside projection or the levels at 0.75100-0.75200 depending from which price levels I long this pair There are no...
As forecasted it's doing a correction here but it's longer as expected; I expect the down move starts soon
As discussed in yesterdays strategy session