wave 1 looks complete. now it tends to enter wave 2, correction wave. when the price goes higher than the invalid area, then this analysis will fail and the price will return to bullish. then what happens is a simple correction. it is possible that the price drops until the SnD below.
USDCHF is not looking bullish, CHF is much stronger against the USD. I believe it will fall more in coming week and may be it will moved in sideway.
USDCHF intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? SELL USDCHF Good luck traders...
The USDCHF pair continue falling since many weeks. Every time it made higher low and lower low. At the current situation, I believe USDCHF again make new lower low. Better to look selling opportunity on it.
Here is my view for USDCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for USDCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The USD/CHF has dropped to a fresh low for the week, falling below the 0.9126 level. This decline is attributed to recent economic data from the US that indicates a decrease in inflation, leading to speculation that the Fed may halt its tightening cycle. This has resulted in increased pressure on the US dollar. As of now, the USD/CHF is trading at 0.9127, which is...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
we are Currently looking at USDCHF Massive Sell for about 160 pips plus, breaking it down for understanding Educationally so basically we are Currently on a Massive Resistance zone on the HTF and which we go rejected so on the LTF we got a rejection on on the Resistance zone, we are expecting price to melt down to the Support Level, so let’s patiently wait on a...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#USDCHF - At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US. -...
Quick update on the progression of this idea from last week as expected early last week we got the sell off at the strong WEEKLY resistance area with price currently trekking towards the breakout area at 0.925 which is also a weekly DEMAND/BUY area. The current sell position is up around 100 pips I have closed 50% of the position and moved stop loss to 0.938 will...
In a complete and newer view of the 1-hour timeframe, we see that we have two common ABCD patterns inside, whose completion in the ranges of 0.93779 and 0.94174 up to the resistance range forms a cumulative ceiling of resistance ranges and causes involvement The trend has become fluctuating and finally we see the creation of negative divergence in macd, with the...
We have 2 ideas in one post here both a BUY and short term SELL postion after weeks of being in the accumulation stage (green box)we finally got the break out higher this week with the biggest move happening yesterday after the PCE US data. What normally happens after an accumulation breakout is you will get a pull back towards a newly formed DEMAND/BUY zone or...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Currently, the best strategy is in the above wide range. In dealing with the resistance zone in the ceiling and creating a negative divergence of the two-peak bit, it is expected that by maintaining the support ranges of 0.92856 and 0.92709, it will decrease to the ranges of 0.92374 and 0.92245, which is based on the Fibo projection of 100 and 127, and in If they...
USD-CHF is trading under The falling resistance line And after the retest of it The pair broke the local Rising support so I am now Bearish biased and I think That we will see a move down
USDCHF sell Entry : 0.92363 Stop : 0.92820 , Target1 : 0.91874 , Target2 : 0.91447 Risk/Reward Ratio : 2