USDCHF is currently on bearish move, and it has broken a strong support area. The Pair now looks to retest the broken structure turning into resistance. My next target is (if not broken the resistance of course) 0.91718 What do you think of USDCHF Now!!
📉 Expecting bearish price action on this pair as we are in a clear bearish market strucutre with bearish bos and lower highs / lower lows. I will take my short entry only if price will reach the premium market are on the fibonacci somewhere around 0.93500 + bearish orderblock on h4 as i think that area should hold for a SHORT. The retail heard is LONG on this...
The price inside an ascending channel and respects a trend line and also has old strong support, and by using Fibonacci levels on the weekly frame we will see respect for the 0.5 level
Still Stuck in Daily TF, We are expecting for long buy, but we have to wait till the market exit from the Liquidity then we can enter from a valid Zone.
USDCHF LONG ➖➖➖➖➖➖➖➖➖➖➖➖ If we see the support broken @ 0.93051 then the only scenario is that USDCHF going down to the support area @ 0.92650, but if the support hold the price @ 0.93051 area i expect the price to go up to and settle above resistance @ 0.93755. ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lots if you gonna trade on this idea. ➖➖➖➖➖➖➖➖➖➖➖➖ Please like,...
market is near support and lower trendline. Here were are looking for divergnece also so we may expect a bullish wave.
USDCHF has given a breakout from the falling wedge, which is considered as bullish reversal pattern. The price is retesting the breakout zone and if bulls made a good sign we may see good bullish rally from here. Trade your levels accordingly.
At the red flag, the buy stops in that area were taken out yesterday and a bearish order flow is now present. I look forward to seeing the price go lower to take out the sell stops below. Like and subscribe.
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 watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Looking at USDCHF we can see its in a bearish trend and we can all judge that its in a selling cannel which indicates more sells than buys. Price first hit a supply zone and rejected and now about hitting a new supply zone for a retest.
On the upside, firm break of 0.9471 will resume the rise from 0.8756 to 61.8% projection of 0.8756 to 0.9471 from 0.9090 at 0.9532. In the bigger picture, medium term outlook will be neutral at best as long as 0.9471 resistance holds.
Update: Would like to showcase my best trade from this week, I know my charts are messy but I would just like to show my logic for taking this trade, it had everything I was looking for, I just had to decide where my profit target was. this grey box was around the level I started to get out of the trade. I looked at the 4h structure and you can see from the...
look bullish due to news it has gone hawk. COT data shows adding more longs to this pair. Lets enjoy the ride. Any trade should be taken with proper discipline and proper risk-reward.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHF_H4 Bullish Gartly Pattern Formation Possible Bullsih Reversal. Share your openion in comments and like follow me. Thank you
usdchf strong support and resistance . follow all supports
Hey tradomaniacs, looks like USD/CHF has found support after the recent breakout. So far we have seen a 3-Wave-Correction which could be finished soon. Price is attempting to break out of the trendline in order to trigger the potential double-bottom which could cause a high probabillity long-setup. Swiss is less likely about to increase interest-rates today,...
So this evening we saw a new bullish structure formation and we are already in. So consequently there has been a shift of market structure and we are looking to see the market go higher breaking the previous daily high. Cheers!