Hello Traders, I'd keep this simple... Price traded into a strong demand level and on the weekly timeframe, a CHOCH is evident (look at your weekly timeframe). Last week, the price hunted the trendline sell-side liquidity and I speculate that the price could trade to the daily order block just below sell-side liquidity (equal lows). Also, the dollar index...
this pair has broken structure and will wait for the 4H candle to close and a lower low on the 15m to look for potential sells
On USDCHF, we have a slightly bearish setup this morning, with the price forming a breaker block pattern around the 0.8940 level. In this area, we can expect a possible rebound, so it would be advisable to consider entering a short trade with a target of 0.88. It would be fantastic if you could share your opinion with us and leave a like to support our work....
EURUSD SELL LIMITE at 1.09486 TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
I saw an interesting move on TF Weekly in this pair. The visible move allows for a much positive upside. I will focus on this pair this week to see the conditions that occur, bearing in mind that the demand movement still looks strong to be penetrated.
USDCHF / 1D Hello Traders, welcome back to another market breakdown. USDCHF has been breaking lower making new lows, I'll be looking to get on at the Broken S/R level for minimum risk. Trade safely, Trader Leo.
Strong bearish move broke 0.89100 support zone and price is testing 0.88800 significant zone. It is possible to see bullish reaction to this zone. Potential bearish reaction to 0.89600 zone.
NFP data is very bearish for the Greenback and all USDxxx related instruments. The price formed a high momentum bearish candle on a daily on Friday. Bears will most likely keep dominating on the market. Target level - 0.8845 Please, support this post 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...
Hi folks today I'm prepared for you Swiss Franc analytics. Some days ago price declined to resistance 2, which coincide with the resistance zone, but at once rebound up and rose to 0.9140 point. After this, the price in a short time declined below resistance 2 and then at once bounced up to the trend line. next, Swiss Franc rolled down of trend line to resistance...
USDCHF was consolidating for some time within a horizontal trading range on a daily. After the yesterday's NFP release, the market dropped sharply. The price successfully violated a support of the range and a rising trend line, and closed below them both. The broken trend line and a horizontal support now compose the expanding supply zone, from where, I would...
This is a future opportunity for USD/CHF to rocket high. MAC indicator is showing that a bullish divergence is building up. I'm showing the buy zone as well as the expected targets. Have a safe trade to all!
TRADE TYPE: INSTANT ENTRY LONG TRADE DIRECTION: LONG TIMEFRAME: 4H ENTRY PRICE: 0.89370 STOP LOSS: 0.88850 TAKE PROFIT: 0.90385 RISK TO REWARD: > 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low Follow this thread for any future updates regarding this...
It looks like USD/CHF is bearish on the 4 hour chart. I entered short and will take profits at the blue support zone. This is not advice.
I entered a short yesterday on the 4 hour chart and took profits at the blue zone. However, it looks like USD/CHF is making a bee line for daily support (red zone). That daily support is also within a larger weekly support zone. This is not advice.
Preferred direction: BUY Comment: Despite yesterday's drawdown amid very optimistic data on the US labor market, the metal retains its bullish potential. Today we are waiting for the final results. If the data is as positive as it was previously stated by the agencies, then even in this case the dollar will weaken, since yesterday, most likely, the buyers have...
Preferred direction: SELL Comment: The deal on the Japanese yen is in the active phase. The entry point that we gave in previous ideas for the breakdown of the level of 143.8 gives its plus. Nevertheless, the decline will most likely not stop there, our goals are much lower. The real obstacle for the buyer is at the level of 141.327. There as it is possible to...
Analysis: As we're clearly able to see price was in this downwards trend however we've recently broken out of that trend showing a market shift, indicating possible bullishness. Price tried to push higher over the last month but we've since seen price pullback to the area where price broke out of and we expect that this will be a key level which will hold as...