Price is currently within a strong supply zone which has a strong memory of selling pressure at around 0.98500. Are we going to be witnessing another selling pressure from this zone this week or a breakout of this zone to the upside will signal a bullish momentum? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
USDCHF - Intraday 9pm UK expiry - We look to Sell at 0.9845 (stop at 0.9871) The current move lower is expected to continue. We look for a temporary move higher. Preferred trade is to sell into rallies. The previous swing high is located at 0.9855. Our profit targets will be 0.9787 and 0.9777 Resistance: 0.9780 / 0.9800 / 0.9820 Support: 0.9740 / 0.9720 /...
With USDCHF at extreme overbought levels and rejection from the previous resistance along with the long candle stick, we are looking at a short for the Swiss Franc with a stop loss set above the entry candle and take profit below the 20 MA and 50 EMA right above the 200 EMA. I think for the time being we trade in this channel here highlighted by the blue lines,...
Price has created a picture perfect break and retest on this pair along with a nice double top at a major resistance level. here is the play I will be taking on this pair: Entry - 0.98368 Stop loss - 0.98618 25 pips Take profit - 0.975220 84 pips
Usdchf sell on the short term Elliot wave view suggests a cycle from 0.94798 low has completed in form a 5 wave impulse structure . The fall from 0.99676 suggets the begin of a corrective structure wave A ended at 0.97500 and wave B @ 0.9857. I EXPECT TO SEE MORE FALL inform of wave c as shown in the parallel channel to the right
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, TP 2 , TP 3 and EXIT (SL) 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 differently during the session and only enter...
USD CHF, has formed a double top pattern and has broken the neckline. We are looking for a retest of neckline for entry. -How to identity Double Top Pattern 1) Look for a proceeding uptrend HHs & HLs 2) Look for a resistance level/high levels where the market drops. 3) Wait for the price to go back to that level to make it and equal highs. 4)...
waiting for the price to touch the supply level then we will enter sell. also, be careful because it may be a reverted head and shoulders pattern!
USDCHF Has Taken out the Buy Side Liquidity And Make Choch Make This. So there is A High Probability of USDCHF to go to The Down side.
USDCHF has formed a bearish divergence and triple top pattern Entry:0.98074 SL:0.98974 TP:0.96764
after the rejection of the price at the level of a strong resistance and a divergence at the level of the RSI we can take the sell position
Hello traders! ✅ This is my trade on USDCHF. Here I expect bearish price action as price filled the imbalance and rejected from bearish orderblock + institutional mid figure 0.98500. Like, comment and subscribe to be in touch with my content!
Usdchf Price is testing a strong resistance after a significant uptrend. Sell side liquidity choke 🤑 If price reacts well to the resistant zone a good sell opportunity might present itself to take out all liquidity to the unmitigated order block. This is not a financial advise but my view on what I'm seeing. Do you own analysis, thank you 💙💙💙
As you see on the charts price respected supply zone at 0.9800 after breaking the last structure (BOS) at 0.94500. - Price started to rise in a slow movement after reaching 0.9500 supply zone. - We can observe bearish pressure on the last 2 daily candles. - Pivot line at 0.95500 for a confirmation.
hi traders this is usdchf analaysis. i consider this move for this pair
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, TP 2 , TP 3 and EXIT (SL) 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 differently during the session and only enter...
UsdChf signal for short. Let's see how it goes and be adjustable. Have a nice trade.