If you read my trade setup on this pair from July, I had predicted a decline below 0.86 followed by a rebound surpassing 0.88, settling within the monthly range. The lowest point reached was 0.855, followed by a consistent bullish trend for 12 consecutive weeks. As a result, the price appears overbought as it enters a Weekly SUPPLY/SELL zone and approaches a...
UC is our last pair for this week, as it stands we have a clear bullish range but as we have said on nearly all of our pairs we do expect the current moves that have ran over the last few weeks, until we actually break out of this trend we will keep following it until it does then we will change our bias and follow price as it moves. Remember to always read order...
USDCHF has recently provided us with an ending diagonal, signalling that the bottom is in. We are now looking for a retracement. The deeper the retracement, the better! Trade idea: - Watch for lower timeframe reversal patterns to indicate retracement has started - once entered, taper positions as we move lower towards the bottom - The longer term trade will be...
✅USD_CHF will soon retest a key resistance level of 0.9130 So I think that the pair will make a pullback And go down to retest the demand level below at 0.9022 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.9 zone, USDCHF was trading in a downtrend and successfully managed to break it out. currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.
Here is my latest structure analysis for USDCHF. Resistance 1: 0.910 - 0.915 area Support 1: 0.899 - 0.902 area Support 2: 0.893 - 0.895 area Support 3: 0.886 - 0.888 area Support 4: 0.874 - 0.878 area Support 5: 0.869 - 0.873 area Support 6: 0.855 - 0.858 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like,...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Preferred direction: SELL Comment: For metals, everything is also unchanged, and a fall is expected in the short term. Silver, unlike gold, shows phenomenal intraday growth rates. However, this can hardly be called a reason to buy metals in general. The pressure on them continues, and most likely there will soon be another update of the minimums. Thank you...
Preferred direction: BUY Comment: Today, the Swiss franc is under almost the most pressure from the US dollar. Here the situation for the buyer remains one of the most confident as before. An update of local maxima is expected in the near future. An approach to the level of 0.91475 will most likely cool down the buyer’s ardor to a greater extent, since there...
Hello,Traders! USD-CHF is about to retest The horizontal resistance Of 0.9108 from where I think we will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Analysis: Bearish Confluences Strong longer term downwards trend In the retracement phase Retesting an area of significance 61.8% fib retracement level touch In a descending channel Downwards trendline touch 1K short position increase for the USD 1K short position decrease for the CHF Bullish Confluences The USD is the 3rd strongest major currency...
Hello, Welcome to this analysis about USDCHF and the 4-hour timeframe perspectives. When looking at my chart we can watch there how USDCHF in recent times has formed this massive broadening wedge formation, in this broadening wedge formation USDCHF already completed the coherent wave count reaching from A to E, and with the completion of this wave count with...
USDCHF has been rising non-stp since the July 18th bottom on 0.85555 (S1). The 1D outlook is on straight bullish technicals (RSI = 61.656, MACD = 0.005, ADX = 40.729) and as the 1D MA50 has been turned into Support, we expect the rally to peak within the 1D MA200 and the inside LH trendline. That would be as close to the top of the twelve month Channel Down as...
Hello,Friends! USD/CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.870 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Time-delayed scenario in case of price decrease. Confirmed by CME exchange option sentiment Based on our team's research of the options market, we expect buy activity at the stated level We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with our own strategy, not in alone.
USDCHF is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 0.89357 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 0.88929 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci...
Strong Bullish movement,the price made a retest in a new support and now it's ready to fly. My trading idea is: Entry at 0.8955 SL at o.892 TP 0.97