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...
I took a short at 0.88733. 50+ pips running profit. I think that there is a possibility for it going to my main target which is the liquidity pool. (100+ pips) What do you think? LQP = Liquidity Pool Arrows = Inducement Points DBR = Drop Base Rally Demand Zone
For traders seeking a potential short opportunity, the USD/CHF pair presents itself as an interesting candidate, especially when considering the influence of external liquidity. Here's a breakdown of the factors at play: 1. External Liquidity Woes: Global central banks are tightening their monetary policies, draining excess liquidity from the financial system....
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from support zone for a potential long. Fundamental analysis: Next week is NFP week, news with high impact on...
✅USD_CHF is going up now But a strong resistance level is ahead at 0.8911 Thus I am expecting a pullback And a move down towards the target at 0.8836 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I'm SHORT this pair from .8847. USD/CHF has hit the channel shown. This is a recent area of resistance from 13/2/24. Price has been overbought since yesterday and now it appears the BULLISH momentum of this pair is waning and the signs are that USD/CHF BEARS are jumping on board. Although the Pivot Point SuperTrend remains BULLISH, the Andean Oscillator shows a...
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell USDCHF. ❤️ Please, support our work with like & comment! ❤️
FX:USDCHF has been in consolidation phase for a long time on the background of a bullish trend, which is formed in the wake of strengthening of the dollar index. There are preconditions that the growth may continue. Today traders are expecting the US GDP, which will be released at 13:30 GMT. In general, expectations are negative, analysts expect GDP to...
Dear Colleagues, I suppose that the downward movement to the area of 100% Fibonacci extension level 0.86885 will start soon. This will be the anticipated wave 3, which may go even lower. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88100 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88100 support and resistance area. Adding a fundamental layer there is a contradictory between...
USD/CHF could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 0.88345 Why we like it: There is a pullback support level Stop Loss: 0.88121 Why we like it: There is a pullback support that sits under the 50.0% Fibonacci retracement level Take Profit: 0.88802 Why we like it: There is a...
Price is in a large ascending channel suggesting there might be bullish momentum pushing prices up. Our pivot is at 0.8822 which is a pullback support level - if price were to bounce from this level, we could see it rise towards the 1st resistance at 0.8877 which is a recent major swing high resistance. If price were to break the pivot, we could see it drop...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 A not long time ago price made upward impulse from support area to $0.8885 points, breaking $0.8770 and $0.8835 levels. After this, price started to trades in pennant, where it soon bounced from resistance line and declined below $0.8835 level. Next, CHF some...
Based on the H4 chart analysis, we can see that the price is falling to our sell entry at 0.8781, which is a multi-swing low support. Our take profit will be at 0.8752, a support level The stop loss will be placed at 0.8801, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
For 3 months DXY was in a decline from October 2023 to December 2023. Price went on to create the perfect leading diagonal, consisting of 5 waves. On the 28th of December, we were anticipating price to complete the diagonal and bounce off our diagonal support and reverse. Price went on to do exactly that! So, how do we use DXY to find setups? DXY can be...
DXY Head and Shoulder Pattern 4H Possible formation of a head and shoulders pattern on the 4H timeframe. Pattern is a reversal pattern, could possibly break the 4H trendline to continue the daily timeframe downtrend. Would be looking for shorts from the 50% to 61.8% Fib levels. Further confluence is the RSI showing now entering overbought levels on the 4H...
USD/CHF could fall towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.87712 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.87090 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at...