Time Frame: 4H Symbol: USDCHF Entry: 0.95344 TP: 0.93649 SL: 0.96505 Bias: Short The core trend structure of this instrument is insinuating a strong bearish bias and therefore we are searching after a selling opportunity.
USDCHF just broke the symmetrical triangle pattern. The price is expected to go down from here to our pattern target. Any strength will be taken as an opportunity for short. Trade your levels accordingly.
USDCHF - Intraday - We look to Sell at 0.9649 (stop at 0.9672) Short term bias has turned negative. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9650. 0.9649 has been pivotal. 0.9651 has been pivotal. Our profit targets will be 0.9592 and 0.9582 Resistance: 0.9600 / 0.9620 / 0.9650 Support: 0.9570 / 0.9550 / 0.9520
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...
This is Drop Base Drop Setup Use minimal stop loss to avoid huge loss Befroe entering the trade do your own research.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
At the end of August I posted the likely path the USDCHF would take next at the beginning of the MONTH it rallied a little bit higher into the weekly supply zone which is standard iit has just achieved the first short term target below 0.96 it actually took out the daily demand zone so can expect a short rally up before heading back down towards the LONG term...
Hi traders, USDCHF..... the down side scenario. upside is still possible so trade with your according strategy GOOD LUCK.
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...
The momentum drive on the USDCF has been bullish since the beginning of the year and the breakout of the bearish trendline on the daily timeframe coupled with the appearance of a double top look-a-like structure during the latter part of last week's trade session could be a signal of a reversal phase evolving. However, I still hold a strong bullish bias on this...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hi traders, USDCHF is setting up for a downside move if sharp breakout happend then only look for short GOOD LUCK.
On the M30 time frame, a pullback to the resistance zone at 0.9830, in line with the Fibonacci confluence levels presents an opportunity to play the drop to the next support target at 0.9700 which is also the resistance-turned-support graphical zone and 61.8% Fibonacci retracement level. A break below the downside confirmation level at 0.9765 could provide the...
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 bulls have failed to break the previous high near the 0.9875 level. We have a bearish candlestick formation at this level as shown in my chart. So, if the bulls fail to break the resistance level that I have highlighted in my chart, there is a chance for a correction in USD/CHF. Potential sellers can consider selling at the 0.9840-0.9875 level and...
USDCHF has reached an important bullish or bearish level what's next ? Bullish strength has reached previous HL levels and is holding , i thinks it's potential bearish sign. Opening a short trade at the 0.98800 level would be a very low risk trade.
Wait for a break of price at 0.98000, if price retests it will minimize the SL, if not, you may also take a short entry i.e sell entry for usdchf for around 40-50 green pips. Price has made a double top on 1H timeframe, and another of 15M time frame(both shown in the chart), lower timeframe predicts the change of momentum from long to short. Keep supporting,...