USDCHF LongTime frame: 4H
Symbol: USDCHF
Entry: 0.92491
TP: 0.93441
SL: 0.91922
Bias: Long
The current price action and technical analysis reveal a clear indication that we can go for a long trade. It is obvious that the price is rangebound and consolidated in a sideway market, but the trend is gaining strength bit by bit and therefore we are planning a long trade .
Usdchflong
USDCHF SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price is overly extendend and right now is taking out liquidity above old highs aka resistance, rejecting a daily orderblock bearish area and a filling a bearish imbalance on the same timeframe. Price has been delivered with a lot of bullish imbalances that has to be filled next week.
What do you think ? Comment below..
USDCHF | Approaching to Key LevelUSDCHF is trading in a range on daily time frame and approaching to it overhead resistance. This resistance is not broken from April of last year.
Two senarios to look here.
a) Bullish: The price action will take a stop a bit at resistance zone and then starts its upward journey again. The upside looks good if it manages to break the resistance.
b) Bearish: The price action will take a hit and price reverses. One can do short from the top with stoploss on top of resistance.
Trade your levels accordingly.
USD/CHF DAILY BUY SET UPHi TRADERS this is my trade set up for the USD/CHF for the new week ahead
USD/CHF pair is coming up to area of resistance again and has touched 2 times since it last broke through, if it breaks through this time I can see a strong move higher, so we are buying only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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