The price has retested the breaker which was a liquidity point. It validated it and the price has a bullish order flow and we look forward to buying. In the 4hr timeframe price, yesterday bounced of the Low Of The Month(LOTM).
Description Price is approaching pivot level of 0.92911, which is in line with 50.0% Fibonacci retracement level, 61.8% Fibonacci retracement level. A reversal from this level may see price take resistance at price 0.93698. This level coincides with 127.2% Fibonacci retracement level. Finally, we can expect price to take support at 0.9269450.0% Fibonacci...
Description Price is approaching pivot level of 0.92911, which is in line with 50.0% Fibonacci retracement level, 61.8% Fibonacci retracement level. A reversal from this level may see price take resistance at price 0.93698. This level coincides with 127.2% Fibonacci retracement level. Finally, we can expect price to take support at 0.9269450.0% Fibonacci...
USDCHF is holding below descending trendline resistance and 1st resistance at 0.92736 in line with 50% Fibonacci retracement and 23.6% Fibonacci extension. A further push down towards 1st support at 0.92161 in line Horizontal swing low and 61.8% Fibonacci extension may be expected. Our bearish is further supported by how Stochastic is reacting below resistance...
The market patterns seems good for selling on a daily and 4 hour which looks good for a buying position, look for confirmations on the lower time frames and let it ride! ;)
Based off of our analysis from higher time frames down to the H4 time frame on USDCHF, we can see a clear opportunity for bulls to enter once market opens next week right at the 38.2 level of the fibonacci drawn here. Expect to hold this trade and take profit appropriately at 161.8 level. Also taking a look at the RSI indicator and seeing that we're still closer...
Price is approaching pivot level of 0.9229, which is in line with 61.8% Fibonacci retracement level horizontal swing low support. A reversal from this level may see price take resistance at price 0.93329. This level coincides with horizontal swing high resistance. Finally, we can expect price to take support at 0.91756horizontal swing low support . This is further...
USDCHF has traded into support prior to the US Fed Rate decision, which decides the rates in the USA. Technically the pair is at 61.8% fibo support and previous structure, and we anticipate a bounce from this level back into recent highs at the 0.9330 level. The RSI has given an overextended signal, and the bullish structure remains intact.
Signal ID: 77638 Time Issued: Monday, 20 September 2021 14:37:15 GMT Status: open Entry: 0.92714 - 0.92951 Limit: 0.92366 Stop Loss: 0.93285 The Breakout Opportunities system has just sold USDCHF at 0.9283. The system recommends entering this trade at any price between 0.92714 and 0.92951. The signal was issued because the USDCHF has broken its 24-hour low while...
Price is approaching pivot level of 0.93329 where we have 100% Fibonacci extension level horizontal swing high resistance lining up. A reversal from this level might see price take support at 0.92396, which is in line with 61.8% Fibonacci retracement level horizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 0.93864, which...
Good morning, traders! We will analyze USD/CHF on the 8H Chart (it is not a very used timeframe, but it is handy) to show the current behavior and explain why we consider that this pair has upward potential in the short term. 🔸We see a clear transition from a downtrend to a potential uptrend. 🔸Price broke the bearish channel with solid momentum but had been...
Hello, Today I have entered long on the USD/CHF. This move was massively helped yesterday with the US Retail sales, however I believe the recovery in the DXY will happen sooner than later and that was just the start. USD/CHF has now convincingly pushed above resistance and we can expect that this move will continue towards the next area of resistance at...
Short for now below the shown level...SL above today's high...tgt - next resistance
Price has broken above our pivot level at 0.92588 which is in line with 23.6% Fibonacci retracement level . We could potentially see a further rise from here towards 0.9313, which coincides with -27.2% Fibonacci retracement level, 161.8% Fibonacci extension level. Finally, we can expect price to take support at 0.9237, which coincides with 38.2% Fibonacci...
USDCHF - Intraday - We look to Buy at 0.9161 (stop at 0.9146) Daily signals are mildly bullish. Trend line support is located at 0.9160. Dips continue to attract buyers. We look to buy dips. Our profit targets will be 0.9204 and 0.9214 Resistance: 0.9200 / 0.9220 / 0.9240 Support: 0.9180 / 0.9160 / 0.9150
Price is approaching pivot level of 0.91827, which is in line with 61.8% Fibonacci retracement level. A reversal from this level may see price take resistance at price 0.9237. This level coincides with horizontal swing high resistance. Finally, we can expect price to take support at 0.9150378.6% Fibonacci retracement levelhorizontal swing low support . This is...
USDCHF broke above previous descending trendline resistance (now support). Price is also holding above shorter term ascending trendline support. A further intraday push higher above our buy entry at 0.91729 towards graphical swing high resistance at our take profit of 0.92395 could be possible. Stochastic is also reacting above support where price bounced higher...