SO USDCHF HAS BEEN TRENDING DOWNWARDS FOR QUITE SOMETIME WE SEE SOME EXHAUSTION ON LOWER TIMEFRAMES WITH THE SELLERS SHALL THIS DAILY CANDLE CLOSE AS A DAILY, WE ARE IN BUYS GOING FORWARD! HAPPY TRADING! THE MONTH OF AUGUST IS CLOSING SOON FYI.... TRADE CAREFULLY!
I may look to stack another position on a pull back to the purple zone...early doors but so far so good.
USDCHF USDCHF is making a big falling wedge pattern which is similar to the WXYXZ Elliott impulse wave pattern is a indication of the buyers are gaining some strength to make this pair more bullish Yesterday the upside resistance trend line was broken and it's currently in a retest phase which will give as a good risk reward ratio We can open buy orders at...
all trade details in the picture the ones with patience can carry it to 0.9164 good luck!!!
Hi all traders, For usdchf, we are still in a range bound, but within the range, we have a potential break and retest fail area. Im hopeful for this to break towards the upside for this pair. Cheers! Give it a like on this post if u agree with the trade idea and follow me on tradingview for more trade analysis n ideas!
Hello my friends, Another setup coming to everyone. This time is USDCHF pairs. Notice how price already broken above the kumo cloud and currently continue going up. I think there is a possibility for price to continue going up until 0.9195-0.9200 area which is the nearest resistance. I am waiting for price to retrace around 0.9115-0.9120 before initiating buy...
Probably the worst trading week I have ever had since starting my journey. Traded emotions and what I wanted to see unfold instead of reading the charts and trading what's in front of me! Trying a new layout...let's get to it!
Based on current price action you can see the trend is creating consistent Lower lows and lower highs. Based on the two latest structure points, you can see price has retraced to the 78.6 fibonacci extension, and we've now had multiple rejections of the fib. Keeping stops very tight here, but with USD looking weak, the short play looks highly favourable Take...
Stocks at new highs, incomming election, bigger sell off on USD (dxy 91.80 bottom today) prepared for a bigger move than before I look for a final tp arround 0.99 1.0
The market reject all the resistance levels in this bearish trend and head on to test the validity of the support also, the market will go down with a high probability Kind regards
It seems like it's time to go up for USDCHF,... You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
The counter is currently in sideways consolidation. It made a false breakout at the lower end of the range and has crept in and now forming a symmetrical triangle pattern. We expect the triangle to render a bullish breakout and push the price to the upper end of the range for now.
level from the daytime timeframe. The triangle was drawn to continue the trend that has just unfolded. I will buy after the breakdown.
24 AUG 2020 INSTRUMENT: USDCHF TIME FRAME: DAY CONFIRMED: 4h, WEEK INDICATORS: ICHIOKU KINKO HYO STOCHASTICS BUY ABOVE: .9136 STOP LOSS: .9122 TGT 01: .9171 TGT 02: .9187 RISK DISCLOSURE Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal...
Wait for an rejection or wick in this area then wait for that rejection to close, then take the position.