USD/CHF has broken above a bullish Falling Wedge chart pattern, confirming the breakout. This also followed positive RSI divergence , showing that downside momentum was fading. This may open the door to resuming the dominant uptrend from the first quarter, in line with a fundamental view that the Fed may be less dovish than the SNB in the long...
Price is testing 1st support, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal pullback support. We could see a bounce and further upside towards 1st resistance, in line with 61.8% Fibonacci retracement and horizontal swing high resistance. Stochastics is also approaching the lower 15.19 support where we could see a bounce, showing...
FX:USDCHF www.tradingview.com s3.tradingview.com Thoughts and Reasoning Behind Price Movement Are Listed Below Technical analysis of the USDCHF pair Larger Trend analysis on the larger timeframes suggests there will be a continuation of the prevailing downtrend The pair is lining up well with Elliot confirmation principles Trader sentiment on all...
As we can see, price try to go up, but obvious no power for that. We can see that price after that made BOS, and make continuation of BTF trend. From HTF to LTF i menage to find some unmitigated points, and i find one on 1 min TF soo i will wait for 1 min BOS when price come there and go into sell.
Trend: Bearish Retail Sentiment: 85% Long LP Sentiment: 44% Short Hope you have all had a great trading weekend Moving into Tuesday my sentiment has not changed, but I would like to see better prices than where we are at the moment. For all my followers I wanted to provide content that can enable you to become a better trader. My Areas of interest are defined...
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USDCHF after the false breakout move is back above the minor support at the 0.89600 area. According to Plancton's strategy if the price will break above and the conditions will be satisfied we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
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 broke from its TRENDLINE RESISTANCE. Wait for its retest and go long. Let us know your views on this in the comment section. Thank you all. There is good news for our...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.89416). . 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 (0.89416). . 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 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