Time = 4H – Structure = Downtrend – Pattern = Asymmetric Triangle – Tendency = Downtrend We're expecting some pullbacks for more confirmations. Only Sell if the Price breaks below the Sell Stop. GOOD LUCK ----------------------- Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all...
Hi traders, another interesting situation came up on USDCHF this time! I am expecting some short movement in following days, take a look at my analysis in video and let me know what do you think about this market. I wish you good trading! John FINEIGHT Team
USDCHF expected to reverse up to 1st support at 0.96105 where it could potentially react and bounce to its resistance at 1st resistance at 0.96458. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
is it a cow? is it a mouse? is it a buy? or is it a sell?
Hello traders, hope you all had a nice trading week. We had very intense working week as we work hard to launch our web page in near future. But of course that is not an excuse to stop trading, however we did little bit less trading than usual. Now, let's take a look at USD/CHF on 4H chart. We did made some nice pips by shorting this pair earlier this week, you...
If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments also, you can ask me questions... Have a great day everyone!
If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments also, you can ask me questions... Have a great day everyone!
USDCHF is approaching its resistance at 0.97430 where it is could reverse down to its support at 0.96638. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF H4 Timeframe Last week we had a beautiful move to the upside and the possibility to gain over 120 pips We have created a new defined range on the H4 timeframe If price doesn't break the range, look for opportunities on lower timeframes to gain within the defined ranges sell and buy zones. New defined range: 0.96535 - 0.978994 See the video and detailed...
Hypothetical scenario - Sell Limit (11/05 - 15/05): (1) Entry @ 0.97850 (Sell Limit) (2) Stop Loss @ 1.38360 | 35 pips (3) Target @ 0.97150 | 70 pips (4) R:R = 1:2 Hypothetical scenario - Buy Limit (11/05 - 15/05): (1) Entry @ 0.96000 (Buy Limit) (2) Stop Loss @ 0.95700 | 30 pips (3) Target @ 0.96600 |60 pips (4) R:R = 1:2
Hope, you followed my idea. You would have already earned 50 PIPs.
USDCHF expected to reverse up to 1st support at 0.96566 where it could potentially react and bounce to its resistance at 1st resistance at 0.97840 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF has pushed through WR1 RESISTANCE and is now headed towards strong resistance at .9792 area. I've placed a SELL LIMIT order at .9792 with a STOP just above at .9813. Looks a decent set-up for a 21 pip risk as USDCHF has failed to break this area since mid-March and even then the BULLS relented after failing to push higher. Average daily range on this pair...
Hypothetical scenario: (1) Entry @ 0.97850 (Sell Limit) (2) Stop Loss @ 0.98150 | 30 pips (3) Target @ 0.97200 | 65 pips (4) R:R = 1:2