USDCHF, Bullish Continuation of an head and shoulders pattern!
Techincal view of usdchf having head and shoulder pattern
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is mean to be a preparation for you! as always we will have to wait for a confirmation! USD/CHF: Daytrade-Preparation Market-Sell: 0,88890 Stop-Loss: 0,89100 Point Of Risk-Reduction: 0,88755 Take-Profit: 0,88490 Stop-Loss: 21 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE...
Imarked up my support and resistance points, identified the violation of the trend from bullish to bearish; at the candlestick with the blue box around it. If you look left, the previous support was violated so price created a lower low, lower close at the candlestick inside the blue box... Looking to sell during this pair.
USDCHF ranging below 0.88700 to 0.88900. Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
USDCHF Has a very good sign for long: +Head and Shoulder +Over Sold + Price Action Tells Further Advance
We see a head pattern indicating it's going to jump or go low. My prediction is it's going to retest the 0.9 Mark
This is a follow up to my last publication (see link below for reference purposes) as price action is confined within our reversal structure (Inverse H & S) and Range (Channel) with the tendency of a rally that might lead to the correction of the overall downtrend perspective. Tendency: Uptrend (Bullish) Structure: Reversal pattern | Breakout | Supply...
Hey traders, here is the buy idea for USDCHF, Entry details on the chart. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
WE ARE LOOKING FOR SELLING OPPORTUNITIES SINCE PRICE IS AT RESISTANCE
As we can see a head and shoulder pattern in H4 Timeframe for bullish run. So we will take a buy entry on shoulder test.
Disclaimer:- Educational Analysis says Usd Chf may go Long according to my technicals. This is not an entry signal. I have no concern with your profit and loss from this analysis. Why Long? Because the 15 min timeframe market is making a higher high and higher low, it means the start of an uptrend. For Additional Confirmation on this trade. you may go for 15 min...
In my last publication on this pair, I projected that the Bearish run that began in November 2020 has found a bottom and a reversal is at the corner (see link below for reference purposes), but unfortunately, it didn't go as expected as it took price exactly 30days to complete an Inverse H and S pattern (Reversal Pattern) with clues of how to hop in the rally. As...
USDCHF is good for long trade! + Oversold + Strong Support +Strong Trendline
FX:USDCHF S/L 0.88235 - T/P1 0.87576 - T/P2 0.83674
FX:USDCHF S/L 0.88610 - T/P1 0.87847 - T/P2 0.83674