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...
As you can see, price has fallen sharply after took the buy liquidity above 1.00643 and make a double top above this important zone. Now we have a two scenario: 1: Price can has a short time upward move for continue the downtrend. (I follow this scenario) 2: Price can move upward continously for fill the liquidity void. 💡Wait for update! 🗓️07/12/2022 🔎...
USD/CHF inside a Bearish channel, yesterday the price push the value of this currency inside the Fibonacci level of attention between 50 and 61.8% where it's present a resistance area and the stochastic reached the Overbought area where may we'll see a reversion. Our Forecast is about a Short setup.
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 Like the idea and comment with your opinion!
USDCHF I am short for 80+ pips Now because there is a POI + Order block is available now minimum down move to 0.9360
#USDCHF - At this point USDCHF is slightly UP. The reason for that is that 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...
I entered into USD/CHF when it looked overbought on 5m chart. RSI was high & so was MACD. Notice the double top on the RSI below. Waited for a break below the 14 SMA on the RSI and was a little worried the uptrend would continue as my trade immediately went the opposite way. Bit riskier trade for me, especially with risk/reward ratio only being .54 Hit profit...
USD/CHF in a strong bearish trend in the last session had a pullback around 0.9370 and all the clues look for a new bearish impulse by this pair. Today the release of the ISM Services PMI if the data will be negative for the USD will help this currency pair to drop in the direction of our analysis.
Waiting for a pullback into 0.94982 to short USDCHF back down to weekly support target at 0.92530 If you agree drop a like and if you have any questions drop a comment :)
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this USDCHF seems more bearish.
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 broke out of the rising wedge Now, the pair retest a horizontal resistance level From where I believe we will see A further move down
Based on technical factors there is a Sell position in : 📊 USDCHF 🔴 Sell Now 0.93384 🧯 Stop loss 0.95607 🏹 Target 1 0.92118 🏹 Target 2 0.90947 🏹 Target 3 0.89045 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
So as you saw with the Fed Chair Powell hinting that Fed could begin to pivot and perhaps a lower then expected interest rate hike coming in DEC 14th .. cause the US Dollar to weaken and now we can confirm a reset has taken place ... So we are interested in looking for sell setup until we at least get to a 4hr TF structure and over 3x ADR ..
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...
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...
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...
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...