Level - 0.8649 Buy limit -> 0.86953 From the level of 0.86695 sell to 0.8649 From there Buy limit -> 0.86953
#USDCHF UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #USDCHF. USDCHF got declined from the most recent resistance level. Clearly it can be seen that it sweep the liquidity according to the HTF, which will be our SL for short trade. if this candle close below to this level, we will...
Hello traders, Will start our analysis with the US index which will help us identify market movements for the major currency pairs. By looking at DXY we are expecting a Zigzag pattern to be formed. According to Elliot Waves, a Zigzag pattern has 3 waves labeled A,B, and C where Wave A= 5 subwaves, Wave B= 3 subwaves, and Wave C = 5 subwaves. We can see that we...
Preferred direction: SELL Comment: Today, all targets set for silver have been closed. The same is now expected for gold . The immediate prospects for silver will most likely appear in the format of a re-test of the local minimum at level 22 , that is, the price will tend there. We highlight two scenarios for the proposed movement. It should be noted...
Preferred direction: BUY Comment: The Swiss currency is an outsider among the majors against the US dollar. This currency sank the most against the American currency. In addition, while some competitors of the US dollar were trying or were in the process of correction, this currency pair stood in a very narrow corridor. The bullish sentiment for this...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8655, which is a pullback resistance that aligns with a 38.2% Fibo retracement. Our take profit will be at 0.8575, a pullback support level. The stop loss will be placed at 0.8736, above a swing high resistance level High Risk Investment Warning Trading Forex/CFDs...
Hey guys, I am here again with analysis for the week, swing trades. I am seeing alot of sells in many pairs anyway, I just hopped into this trade now with proper risk management, Weekly, daily timeframe is currently in a downtrend and a bearish engulfing 4h would confirm the sell, but I already took a sell based off on 3Hr. Kindly tell me what you think about...
My dear followers, I analysed this chart on USDCHF and concluded the following: The market is trading on 0.8643 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8559 Safe Stop Loss - 0.8685 About Used Indicators: A super-trend indicator is plotted on either above or...
Is it time for the USDCHF to head lower? Let's look at this pair from a technical perspective. To understand the direction of a pair, we have to first look at the higher timeframes. The monthly, weekly and daily timeframe suggest that this is a downtrend.. It's not a matter of where the trend is headed, because obviously, it's a downtrend.. Since we "know"...
Several Fair Value gabs (4HS above the the Daily). The last confirmation was a 15 minutes Fair value Gap above the the most recent 4H gap
Preferred direction: SELL Comment: The British pound starts the week also unchanged, here we still expect a fall towards the levels of 1.26000 and 1.25000 . The pound stood out for its larger upward correction against the dollar, but this currency pair has been looking more for a sell-trade. Particular attention is paid to intraday time periods, where...
Preferred direction: SELL Comment: At the start of the new trading week, our market mood remains unchanged. Last week passed virtually without changes in medium-term trading. The priority for purchasing American currency remains. In principle, everything is formed for the euro , and we are ready for a fall. However, only the market itself knows when exactly...
USD/CHF is falling towards a pullback support and could potentially bounce higher towards our take-profit target. Entry: 0.86500 Why we like it: There is a pullback support level Stop Loss: 0.86332 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Take Profit: 0.87281 Why we like it: There is a pullback...
USD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86383 which is an overlap support. Stop loss is at 0.85800 which is a level that sits under a pullback support. Take profit is at 0.87115 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. High Risk...
💵Pair Name : USD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— This is the best entry...
A recent 4h BoS w/clean impulsive nature bullish. We saw a slow retracement, preceded by a multi-day consolidation. Price retraced into the edge of the 4h range for entry.
Hello,Friends! We are going short on the USD/CHF with the target of 0.856 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: SELL Comment: Further declines are also expected for silver. Previously, we indicated two options for a sell transaction on this instrument. And about the script now in work. The trade has already been moved to breakeven and even part of the profit has been fixed. At the moment, one can consider short-term trades also in the direction of...