My Bias on Usdchf remains a buy, but I think it’s been over bought for a while and it’s currently having a pull back. So here is a quick reversal trade to make quick bucks. cheers !!
I think now is the time to sell the USDCHF. I am shorting this pair. SL: 0.9112 TP: 08657 I am only sharing my trades, not a recommendation to enter the markets.
USDCHF - Intraday The bearish engulfing candle on the 4 hour chart is negative for sentiment. 0.8999 has been pivotal. A break of bespoke support at 0.9000, and the move lower is already underway. We look for losses to be extended today. A higher correction is expected. We look to Sell a break of 0.8998 (stop at 0.9030) Our profit targets will be 0.8918...
USDCHF is rising toward the pivot point and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 0.9037 Support: 0.9003 Resistance: 0.9069 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
Based on the H1chart analysis, we can see that the price is nearing our sell entry at 0.9026, which is an overlap resistance that is close to the 38.2% Fibo retracement. Our take profit will be at 0.8987, an overlap support level. The stop loss will be placed at 0.9060, a pullback resistance level High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.9061, which is a pullback support that aligns with the 50% Fibo retracement. Our take profit will be at 0.9026, which is an overlap support level. The stop loss will be placed at 0.9094, a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on...
Dear Traders, I wanted to provide you with an update on the USDCHF currency pair. As you know, the DXY has been extremely bullish since the beginning of February, and this has caused the USDCHF to rally without any major corrections. This has been supported by both fundamental and technical factors. However, we are now seeing some strong bearish behavior on the...
Hello,Friends! We are going short on the USD/CHF with the target of 0.895 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: Neutral Comment: Surprisingly, the price for the main coin went according to the most aggressive scenario and we are already almost the previously set goal. However, at the level of 60 000 , where our target is located, there will most likely be a reversal upward towards the level of 70 000 . Here we also should not forget about the ...
Preferred direction: SELL Comment: The Swiss currency also began to strengthen against the American dollar , although we previously noted that this currency is one of the weakest among the main competitors of the US dollar. However, for this currency pair we confidently set sell-priority and expect a fall towards the level of 0.88761. Both scenarios...
📈💰💼 **USD/CHF Review** 💼💰📈 Last week, USD/CHF surged to grab previous highs, igniting excitement among traders. 🚀📈 However, upon closer examination in lower time frames, a potential bearish signal emerges. 📉🧐 The formation of a 'sibi' (sideways) pattern suggests a period of consolidation. 🔄📊 Keeping an eye on the chart, the target seems to point towards last...
According to my analysis, USDCHF is experiencing a significant decline today due to the weakness of the US dollar. The release of some negative news has further worsened the situation for the dollar. In light of this, I suggest taking advantage of the opportunity by selling. However, it is advisable to wait until the resistance level corrects before making the...
Based on the H4 chart analysis, we can see that the price is rising toward the pivot which is our buy entry at 0.9067, a bullish breakout Our take profit will be at 0.9114, which lines up with the 161.8% Fibo extension. The stop loss will be placed at 0.9010, an overlap esistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Hello,Traders! USD-CHF was going up In a strong uptrend but the Pair is retesting a horizontal Resistance of 0.9115 from Where we are already seeing A local bearish reaction so We will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
💵Pair Name USD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— Bullish Break 0.90750 Area Reasons - Major Turn level - Pattern Break Out - Choch Zone - Day + W high Bearish Reversal 0.92500 Area Reasons - Major Turn level - Quarter High - Pattern...
The price on USd/CHF hit the WR1 pivot 3 candles ago (H1 time frame) and since thenm we've seen 2 doji candles and the current candle which has 15m to complete looks liek it may well be another doji. Doji candles are NOT reversal candles as some think. They are indecision candles. Its clear that WR1 has seen some sustained BEARISH pressure and there is a battle...
Preferred direction: SELL Comment: For the Swiss franc , we continue to follow the buy-priority. Scenario №1 , which we previously published, is already in progress, however, the strengthening of the US dollar at the beginning of this week will most likely lead to the activation of scenario №2 . We also assumed this, and given the fact that the franc is...