Currently, USD/CHF is trading at 0.9077. The pair is consolidating in the resistance and support wedges. The pair may start a new downtrend if it breaks the support level at 0.9058, likely the pair may rebound back after touching support levels and continue to consolidate. If the pair starts a new downtrend, after breaking the support level, then its first target...
Price is trading in an uptrend after we had a double bottom reversal pattern, I would expect price to continue this uptrend so I have placed a buy at the higher low with a target at the next higher high.
USDCHF has broken a formation and we are looking for a bearish USDCHF
This is my first time posting my own analysis on the trading view. Hoping I would get some support to continue posting Forex mappings.
ALOHA Hope your May is on pace for dominance! There have been a lot of nice moves that I was not personally to capture but still stoked to be watching the strategies play out. I am currently sitting at -1% for the month with 3 BE trades. I am currently look at USDCHF reversal short. D - Price does not always have to touch a resistance or support line, the ray...
price is near the level of 61.8 look for breakout and retest
USD/CHF at 0.38 fibo Stop at 0.50 RSI and Stoch Overbought
usd/chf sell entry 0.96860 sl 0.97000 tp.1 .96720 tp.2 .96420
Hello Traders, A breakout was seen in USDCHF last week and a retracement has been made. An entry opportunity can be seen as a downwards momentum is developing with 55 pips stop loss around a previously identified key level and a take profit of 125 pips take profit just around the previous swing low. This trade can be used as a hedge on the previously posted...
Price has formed a zigzag structure from the drop on October 15th, 2019. At current levels, price has retraced into the golden zone (50.00 - 61.80), an area whereby we may reasonably expect some reversal and trend continuation. However I'm quite skeptical about the current sell because price may just correct in a double structure before we see the imminent drop ....