We have seen this setup multiple times today and this past week. Its the same setup I used to profit off XAUUSD, USDJPY and USDZAR. My assumption is no different because price is setting-up exactly as my entry criteria demands. We see price is at a key level, Momentum has slowed down forming a sloping correction (but the RSI is showing us a Bullish Divergence -...
Based on index dollar, we are awaiting for buy opportunity. Please find our DXY forecast below here as a guidance. Good luck and safe trade
Please view the chart for information on mark up.
USDCHF create hidden bearish divergence with falling wages!
If it breaks through, you should know what to do! :) Please refer to the chart for more information.
UCHF is not on my Hotlist, but it is on my Watchlist for the week ahead. I am bearish, and any pullback with bearish PA following it will get me involved in shorting this pair.
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.
Note: Idea is to complement your research. Follow this with previous USDCHF-Daily Idea Check comments section for future updates on idea. Like this idea? Like, Share, Follow, (...) Thank you and Happy Trading.
In my last publication on this pair, I projected that the Bearish run that began in November 2020 has found a bottom and a reversal is at the corner (see link below for reference purposes), but unfortunately, it didn't go as expected as it took price exactly 30days to complete an Inverse H and S pattern (Reversal Pattern) with clues of how to hop in the rally. As...
This is USDCHF 4H timeframe analysis, i'm seeing that the market is gonna come up for retracement which is buy first then SELL.
We are looking for buys in this pair next week once the correction will finish. If it doesn't give us buy setups we will not enter. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods...
We expect the pair to complete the Elliot wave double zigzag correction @ 0.93000 before we see an opportunity to sell
USDCHF shows an opportunity for buy. A breakout of the neckline and a bullish candlestick confirmation is expected at this region. Ideal stop loss is price region below the right hand shoulder. Target is as shown on the chart
USDCHF-Technical analysis USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will bounce...
#Outlook 21 to 25 September Dear Traders Today We Have an Analysis Of USDCHF D1. This Analysis Based On Price Action Theory. According to The Analysis, We Can See That After The Long Sell Moment Market Running In Sideways ↔️ Trend Resistance @0.92016 & We Have Tow Supports Level 1st is miner Support @0.90512 & 2nd is Good Support @0.89977. If Market Break...
Buying at approx. 0.90700 price level. // Follow me for more upcoming ideas.
A Break above 0.91400 region will be agood place to buy with the stop loss around 0.90237 Our target is the 0.93500 region
Let it break the low and look for buys next week, do not jump in buys straight away without any buy setups. We are only looking for buys in this pair after the break of low. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance ,...