usdchf is at 4h strong resistance level with broken daily trend line and may see the same reaction for the same level ..expecting short trade with good R/R ration will be taken...be safe...
Price in Down trend. Expecting Reversal from the Resistance Zone. Rest Chart Says all. Cheers !
Sellers are likely to maintain control over the currency pairs. Sellers and buyers alike are advised to wait for the breaking of major support levels before entering the trade.
USDCHF - Intraday - We look to Sell at 0.9327 (stop at 0.9351) Price action continued to range between key support & resistance (0.9230 - 0.9330) although we expect a break of this range soon. The bias is to break to the downside. Daily signals are bearish. Previous support at 0.9330 now becomes resistance. Our profit targets will be 0.9268 and 0.9258...
As per my count I think the chart suggest it can go down from here not a trading or financial advice kindly do your own ta thanks. I'm counting it as a WXY Correction with internal counts we have just finished W & X and now we are moving downward as wave Y. Good Luck & trade with care thanks.
On the H1 time frame, prices are approaching the support zone at 0.9280, in line with the graphical support and 50% Fibonacci retracement level where a throwback to this zone presents an opportunity to play the bounce to the resistance zone at 0.93700. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
Bearish Indications • Overall Trend is Bearish • Resistance Zone at 0.93693 • Fib Level 61.8% as the Resistance level • Gartly’s XABCD pattern supports a reversal in the area of 0.93923 • Seasonal Analysis Shows USD remains Bearish in December month Bullish Indications • HHs and HLs on 1Hr Timeframe • Bullish Engulfing • Trend Line is working as...
I came up with this idea because on 4H chart there is a downtrend. My idea is that USDCHF will hit at least 0.9132 .As a second target i will set 0.91022 and as a third target 0.9070. ! I will risk 0.33% for each trade , we aware risk on your own !
Week-11, Short Sell Trading Strategy for USDCHF on the basis of different principles.
USDCHF - Intraday - We look to Sell at 0.9313 (stop at 0.9339) Our short term bias remains negative. Daily signals are bearish. 50 4hour EMA is at 0.9311. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 0.9251 and 0.9241 Resistance: 0.9290 / 0.9300 / 0.9320 Support: 0.9270 / 0.9255 / 0.9240 Risk...
USDCHF - Intraday - We look to Sell at 0.9368 (stop at 0.9393) Current prices have reacted from a low of 0.9215, however, we expect further losses to follow. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Previous resistance located at 0.9365. Our short term bias remains negative. Our profit targets will be...
Hello traders! ‼️ This is my analysis on USDJPY . Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price filled the imbalance and could reject from bearish orderblock + institutional mid figure 0.93500. Like, comment and subscribe to be in touch with my content!
FX:USDCHF Hello Traders! This is my analysis of USDCHF for this day. I engaged my selling positions on my accounts and my clients did too. I expect a rejection on this point and looking for the next demand zone
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
USD/CHF in a bearish trend yesterday had a strong impulse in the lower side of the chart after the negative news related to the USD pair. The USD/CHF is still inside a bearish channel and today the price may drop more while waiting for the FOMC news release.
USDCHF - Intraday - We look to Sell at 0.9329 (stop at 0.9353) Our short term bias remains negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. 20 4 hour EMA is at 0.9327. Previous support at 0.9330 now becomes resistance. Our profit targets will be 0.9271 and 0.9261 Resistance: 0.9300 / 0.9330 / 0.9350 Support: 0.9270 /...
Good seasonality trade. 81.1% of retail traders are long on the paid. As stated in previous analysis, when retail traders til heavily on one side above 60%, institutions tend to take the opposite side. Price breaks important supply and demand zone with good movement. Supported by strong retail money long.
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...