USDCHF is capped at resistance prior to the CHF Rate decision & statement, which may give the SNB a chance to be suprisingly hawkish following months of positive economic data out of Switzerland. The RSI & PPO have both generated sell signals. Price is also around the 50% fibonacci & trendline on the daily chart (not pictured)
Trend: SHORT Retail Sentiment: 44% Short LP Sentiment: 45% Long Moving into Thursday my sentiment still has not changed. with the USD - GDP being announced tomorrow I am expecting an aggressive push towards better prices. If you are looking to short the market in the morning that would be the best move, otherwise stay away from USD pairs For all my followers I...
The last time we analysed USDCHF was at the very top where we got a break of the ascending correction, followed by a massive 400+ pip drop to where we are now. Price looks to be in a falling descending wedge , which is also approaching a key structure. Watching for buying pressure near the structure to get in early OR a break of the wedge for a safe entry.
The last time we analysed USDCHF was at the very top where we got a break of the ascending correction, followed by a massive 400+ pip drop to where we are now. Price looks to be in a falling descending wedge, which is also approaching a key structure. Watching for buying pressure near the structure to get in early OR a break of the wedge for a safe...
-Values- Entry Range: 0.89896 - 0.88857 Average Entry: 0.89164 (RRR: 1.91) Stop Loss: 0.87765 Profit Target: 0.91860 -HOW TO ENTER MY TRADES- 1. Ladder your entries. You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled. 2. Only first touches are valid. If price is rebounding back...
Nice Buy Opportunity With USDCHF ... Looking For price To test The Highs It Created Before Making A Move Down If Any.... SL Indicated On Chart (You Can Have Yours SL To Minimize Risk Just Incase) & As Usual Dotted Lines Indicate TP 1$2
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is inside DESCENDING CHANNEL and is close to its Resistance. One can SELL it. Let us know your views on this in the comment section. Thank you all. There is good news for our...
USDCHF - Intraday - We look to Sell at 0.9015 (stop at 0.9034) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Trend line resistance is located at 0.9020. 50 4hour EMA is at 0.9013. Preferred trade is to sell into rallies. Our profit targets will be 0.8916 and 0.8902 Resistance: 0.8980 / 0.9000 /...
USDCHF - Intraday - We look to Sell a break of 0.8957 (stop at 0.8978) Daily signals are bearish. Pivot support is at 0.8960. A break of bespoke support at 0.8960, and the move lower is already underway. The bias is to break to the downside. There is no clear indication that the downward move is coming to an end. Our profit targets will be 0.8901 and...
Trading Signal: There is a Trading Signal to Buy in USDCHF Currency Pair. Traders can open their Buy Trades NOW ⭕️SL @ 0.8904 🔵TP1 @ 0.9067 🔵TP2 @ 1.6710 🔵TP3 @ 0.9164 If you liked our ideas, please support us with your likes 👍 and comments .
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.90000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.90000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
USDCHF - Intraday - We look to Buy a break of 0.9101 (stop at 0.9079) Price action is forming a bullish flag which has a bias to break to the upside. Short term momentum is bullish. Pivot resistance is at 0.9094. A break of bespoke resistance at 0.9100, and the move higher is already underway. Our profit targets will be 0.9159 and 0.9179 Resistance:...
The possibility we could see price bounce off the support, to resistance and 0.382 Fibonacci level before the downtrend continues. the entry point would be after: Confirmed rejection at resistance and the 0.382 fib level (0.9050) Bearish confluence among indicators (MACD, RVI) Always in line with 4H EMA and the overall trend of currency (bearish) Ensuring that...
Earlier this this month i drew this Pattern and have been waiting on the completion of it. The pattern is complete and the blue line represents the make or break point of the pattern. if a candle closes below the blue line the pattern is invalidated. i put a note stating I'm waiting on a complicated structure to form to justify the entry. we are now forming that...
USDCHF - Intraday - We look to Sell at 0.9079 (stop at 0.9099) Daily signals are mildly bearish. Previous support, now becomes resistance at 0.9080. We look for a temporary move higher. 50 4hour EMA is at 0.9071. Our profit targets will be 0.9025 and 0.9005 Resistance: 0.9050 / 0.9080 / 0.9100 Support: 0.9030 / 0.9010 / 0.8990