finally got the USDCHF short confirmation. 1H prefect break and retest. now we can focus on below support area and demand zones for sell target
USDCHF formed a bullish flag pattern after a strong bullish impulse. The price was correcting for a couple of days. The resistance of the flag was broken today. Its is a strong bullish signal and it will most likely trigger a trend-following movement. Goals: 0.8793 / 0.8815 ❤️Please, support my work with like, thank you!❤️
Hello traders, I want share with you my opinion about Swiss Franc. Observing the chart, we can see that the price a few moments ago price traded inside a big range, in which it reached the top part of the range, bounced down, and started to decline. Price declined to the 0.8950 - 0.8900 resistance area, but soon rebounded back and some time traded near the 0.8950...
#172 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios....
USDCHF is forming a local bullish trend. Globally - correction. A pattern is forming between the liquidity areas, the breakout of resistance of which can form a rapid rise TA on the high timeframe: 1) A correction is formed after the breakout of 0.8860 level. The growth will continue to the resistance 2) A bullish liquidity area is forming at the bottom, the...
Preferred direction: SELL Comment: Yesterday's trading idea in short gold has already begun to work out. Everything is unchanged here, we stick to the previous course. Also, during the opening of the European session, the same entry point was formed for shorts on silver. This metal is also expected to fall to the level of 22.80. Thank you for like and share...
Preferred direction: SELL Comment: The looking for shorts for the British continues. Previously, our ideas for sell for this currency pair worked out perfectly, you can also find them in the profile. The nearest target of the fall is 1.26989, from where sellers will develop downward movement. There is also a possibility of a false breakdown at the local...
Preferred direction: BUY Comment: This currency pair was looked for a promising short not so long ago, however, the buyer still manifests itself and most likely the growth will continue. Remember that on the market, trader should be flexible! Level 0.87757 is now considered as the first target, which is unlikely to delay the buyer for a long time and the...
Hi Traders👋🏻 The USDCHF Price Reached A Weekly Resistance Level ! Currently, The Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.85700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The price is in the major down channel and forming a ascending channel within the major channel that will help the price to continue further downfall.
USDCHF is within a 4H Point of interest. The 1H timeframe is showing a clear CHoCh, followed by break of structure. The current POI is at 79% fib retracement level.
According to our analysis from last week, it appears that the USDCHF market is still on an upward trend with a limited amount of targets. We have noticed that the market tends to form a new high with a retest of the SR Flip area, indicating the possibility of strong future prices resulting in a new high.
Hello,Friends! The BB upper band is nearby so USD/CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.865. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: SELL Comment: The beginning of the week assumes the strengthening of the US dollar in all directions, including, of course, the Euro. This currency pair continues to be under the full control of the seller. At the moment, it is necessary to wait for the price to close below the level of 1.09623, which previously showed itself very well....
Preferred direction: SELL Comment: Recent buying ideas should be noted, as the setup formed at the beginning of the new week indicates the likely strength of the seller. The situation is somewhat reminiscent of the current situation for the Canadian, the idea for which was also published today (see ideas below). The formed balance to push right on the support...
Preferred direction: BUY Comment: The formed balance right at the resistance level of 1.33347 indicates a serious mood of buyers who are aiming to break through this level. In the very near future, most likely, market participants will be able to observe an upward impulse due to the sellers accumulated in the balance. Growth prospects locate at the resistance...
Lat week we saw USD/CHF pull back from the 0.8800 area, after its rally stalled around 0.8800, the 50-day EMA and failed to rest the May low. Prices have drifted higher during Monday's Asian session, but seemingly hesitant to break above the 2021 low. The bias remains bearish beneath last week's high and for a move to 0.8600. Who knows, if US CPI comes in soft...
USDCHF / 1D Hello Traders, welcome back to another market breakdown. USDCHF is trading in a down trend, the price is in a pull-back mode. I'll be waiting for the breakout point to be tested first before any shorts. Checkout the chart for what I'll be waiting for. Otherwise, the bears can take it from here. Trade safely, Trader Leo.