USDCHF will come back to trendline and 0.236 fibo level Good Lucks Please support by liking and doing comment
Yesterday I shorted this pair at the * sign where WR1 resistance and historical resistance was reached. I can see no good reason why SELLERS wouldn't enter the market at this level again so I'm in SHORT at .9725 with a STOP at .9735 for a 10 pip risk and a TARGET at .9670 which would be a 55 pip trade. If the trade gets + 25 I'll move the STOP to B/E.
Price got rejected from the previous candlestick at engulf zone
Hi All, Last week I traded this pair with succes and was waiting on a new opportunity to go short again. The Down trend is still intact and Price got reject several times at a historic S/R level @0.96850. My momentum indicator shows a bearish pattern once again so I'm confident Price will start dropping very soon. Be patient and ride the waves... StopLoss is...
- Minor downtrend - Broke previous lower low - Short sell
Signs of Bullish USDCHF (BUY) -Prices have traverse to the upper part of the channel -Wicks from above -Breakout from the 1 hour triangle -RSI at 4H maintained at 50 to 65 -Breaking the bubble Please do hit LIKE if you agree or COMMENT for your reactions. Thank you.
We saw today false breakout on USD/CHF, so we expect further continuation upwards. Next Target is the top of Ascending triangle, the area around 0.97150
USDCHF VENTA AL PULLBACK DE POSIBLE CONTINUACIÓN BAJISTA
In the daily chart, USDCHF seems to have formed a Bullish Pennant Structure. If the Upper TL of the structure breaks, then an uptrend towards 1.0 can not be ruled out.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
Wait for possible retest of 0.96900 for short continuation confirmation Next Target 0.96300
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USDCHF bounced off 0.96827 where it could potentially rise further to 0.97943. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
Plan : wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!!...
USDCHF has broken out from the trend line and heading for the 50 to 38.2 retracement zone. Waiting for a pullback after the retacement to join the trend