Dear Traders, USDCHF price have not shown a reversal side since a month now, however, as we have FED news on 'interest rate' tomorrow it will decision making news. Taking that into consideration, we think price will touch the 'discounted area' before it flies off.
Wait for price to come to our area, once it is in the area then you can consider entering!!
GOOOD...
USD-CHF is trading under
The falling resistance line
And after the retest of it
The pair broke the local
Rising support so I am now
Bearish biased and I think
That we will see a move down
In the above range, we see 3 harmonic patterns. In the last move, we saw the completion of a RECIPROCAL pattern that coincided with the ceiling of 0.92857. Now we expect the completion of an ABCD pattern. in the range of 0.90298 and we expect the floor to be in its last step, then we have to analyze the price reaction.
The current environment is a fluctuating...
Analysis USDCHF :
Considering the formation of the side trend in this area, I expect to move towards the Saeed ceiling and break.
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price: 0.91680
sl: 0.91300
tp1: 0.92700
tp2: 0.93200
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👤 Alireza hajighasem : @alirezahajighasem
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📅 1/31/2023
Main idea:
Well, based on the weekly TA we can expect the following idea.
If you have a question feel free to ask.
💡Wait for the update!
🗓️18/01/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
It seems that the Japanese yen is on the path of its corrective wave A...and in the lower time frames it is clear that wave 5 of this good movement continues....
Usdchf
Untill Price under thats trendline i am expecting Sell Chf. Last Week positive data give a strength to price we see a bullish Rally but Trendline resistance again push the price down as we can see if in next week price again to thats zone will see a downside movement. as we can see dxy movement is not looking stronger as compared to the previous days.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
USDCHF broke out of the ascending channel , which was essentially a pullback of the bearish trend .
The market formed a BPC pattern (breakout pullback continuation) of the psychological level 0.92000
Price is making lower highs and lower lows, indicating potential consolidation.
We expect a pullback from the confluence zone .
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USDCHF Trading on Bullish Trendline
We can see very beautiful bullish move on USDCHF with Trendline support. Trend line support is very strong support on H1 for USDCHF. You can buy USDCHF from this level with risk management.
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Fibonacci Retracement show that the movement will continue till 0.93
Good luck brother and sister
Just analysis... risk is yours
Take care every one and be happy
Analysis USDCHF :
Considering the weakness in the downward trend, I expect the price to grow up to the specified targets.
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price: 0.92000
sl: 0.91750
tp1: 0.92700
tp2: 0.93200
.
.
👤 Alireza hajighasem : @alirezahajighasem
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📅 1/22/2023
Now that price has broken through the trendline, we can begin looking to go long on USDCHF. Looking for price to enter the previous level of resistance before entering.
USDCHF is trading in the descending channel .
The market formed a BPC pattern (breakout pullback continuation).
Price is making lower highs and lower lows, indicating a bearish dominance.
We expect a pullback from the resistance level + trendline + psychological level 0.92000 .
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