Hi Traders, The higher timeframes indicate we are in a short term downtrend. Price found resistance at 0.91071(Green). If price breaks and close below 0.90955(Red), we can enter in a short position for a possible target at 0.90749(Orange) with a stoploss maintained above 50SMA. Price can find support at 0.90849(Yellow) levels, so caution is advised. For queries...
View On USD/CHF (19 AUG 2020) We have FED meeting minute to realease tonight and USD pairs are in play. USDCHF has been in the down trend for months and will it take the info release as a chance to some rebound? Let's find out and if it does it can go back up to 0.91 (or) even 0,92 regions. DYODD, Our trade analysis may not suitable to intraday (or) short...
Price broke out of a triangle pattern. Looking for an entry for another sell opportunity. Might also be possible that price keeps dropping without any correction.
🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Descending Trendline. . 🔸The overall trend is bearish, so, this lower high could lead to a continuation of the downside move. . 🔸The first target is the Support Zone that has been tested multiple times. . 🔸 Will look for a lower timeframe bearish setup. 🔸DAILY CHART ANALYSIS:
A few days ago, the price showed a very strong downward movement. Now I am expecting a small correction, but the price will go even further and come to the resistance line. The final target is the resistance line at 0.917. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
It will be really probable to see USDCHF going upside, let's wait and see what will be happening. you never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
1. Price was trengin up last few days. 2. Price started slow down provide number of selling pressure Possible outcomes: Case 1: If price broke the trendline, and find support to the recent support, it might go up retest the upper resistance zone. Case 2: If price broke below the recent support, it could possible retest the recent support as resistance, look for...
If the price will cross the Mirror Level we can open the Buy position till the next level 0.93760. The best confirmation will be if it will approach the level slowly. The potential profit will be 3 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions...
The Breakout Opportunities system has just sold USDCHF at 0.90991. The system recommends entering this trade at any price between 0.90852 and 0.91216. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 6.08936, suggesting that the USDCHF may have further to fall. A stop loss has been set at the 24-hour...
Price made a fake breakout of my resistance line and went down with a strong bearish pressure. I believe we will see the price at my support. Zone to zone trade.
SO USDCHF HAS BEEN TRENDING DOWNWARDS FOR QUITE SOMETIME WE SEE SOME EXHAUSTION ON LOWER TIMEFRAMES WITH THE SELLERS SHALL THIS DAILY CANDLE CLOSE AS A DAILY, WE ARE IN BUYS GOING FORWARD! HAPPY TRADING! THE MONTH OF AUGUST IS CLOSING SOON FYI.... TRADE CAREFULLY!
This is also another wait and see. Buy only when it break the resistant line and previous high. There is always opportunity in trading. The key is patient. We want profitable trading not fear and greed.
If you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis. Welcome back for some more chart analysis practice. I found another trend continuation...