According to chart analysis, it is is a downtrend and DXY is at major resistance. Biasness is short.
USD-CHF has hit a resistance Cluster of the falling and Horizontal resistance lines At around 0.88370 from where We are seeing a bearish Reaction so I think that We will see a further Local move down ! OANDA:USDCHF
Risk 0.5% TP1 = 1:2.4 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
Hello Traders, I realize it has been some time since I last shared any signals on TradingView. However, today I have identified an appealing opportunity that I wish to bring to your attention. Pair: USDCHF Position: Sell Entry Point: 0.8790 Take Profit: 0.8560 In my analysis, the 0.8790 level appears to be a solid entry point for a sell position on USDCHF. The...
There is a clear CHoCh at a significant 1D level. We are waiting for the price to take out the liquidity areas and then return to the supply area for a sell.
Dear Traders, Based on WAVE Analysis we are still in wave 4 of downtrend. My expectation is at 0.8810 market should start the last drop and we can make the take profit at 0.8558.
We are correcting the price and we expect to react to these two ranges to continue selling
Today is an important event CPI at 8:30am Newyork time, Expecting a first move to be a manipulation one and after that price should drop down towards the target level. As per experience we should always wait for the event to get over and then should take position in a respective trade setup.
#172 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios....
USDCHF is within a 4H Point of interest. The 1H timeframe is showing a clear CHoCh, followed by break of structure. The current POI is at 79% fib retracement level.
Lat week we saw USD/CHF pull back from the 0.8800 area, after its rally stalled around 0.8800, the 50-day EMA and failed to rest the May low. Prices have drifted higher during Monday's Asian session, but seemingly hesitant to break above the 2021 low. The bias remains bearish beneath last week's high and for a move to 0.8600. Who knows, if US CPI comes in soft...
It is expected to increase in the opposite direction and continue the main yield trend.
So here is an update of the USDCHF short idea. I am seeing a nice rejection still after what looks like a deep retracement.
I am thinking we have reached a HTF resistance and should expect a reaction from it even if short term. So far we have one impulse leg downwards and I expect another one drawing towards Wednesday's midnight open price around 0.8750
Risk 0.5% TP1 = 1:1 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
hello my friends.well in this setup we have CHOCH in daily and a bearish candle closed under the last low in 4hr,so we have CHOCH in 4 too. now we wait for reason in smaller time frame to open short position. just a point,i see this demand area(around 1.31300) and maybe we have reaction on it,but i think the power of high time frame for short is more. good...
looking bearish trend in 4h timeframe bec follow 12345 waves pattern
0.8760-90 first supply zone for short, 0.8810-35 another supply zone for short. stop loss: 0.8845, target: 0.8600