Confluences: + Trendline + Round number + Fibonacci Retracement 0.6 + 0.7 + MACD Divergence + Pivot Point + Flip Zone - Take Profit: + next Support / Resistance + Or Price Action ( My Favorite way )
PRICE ACTION: • Price action finds first resistance (1), where it reverses direction and goes downwards till finding first support (2). • Price action reverse direction from support (2) and goes upwards, till finding the second resistance (3) which must be lower than the first resistance (1). • Price action reverse direction from resistance (3) and goes downwards,...
It is over 200pips in our direction since my last publication on this pair (see link below for reference purposes) as price respects and completes my Descending channel expectations; The USD/CHF is rose sharply on Friday and climbed to Fr0.89000, thereby hitting it's the highest level since Wednesday. The question now is "Are we at a new Demand zone anticipating a...
Welcome Back. Please support this idea with LIKE if you find it useful. *** It may rise towards the ascending trend line and possibly re-test the trend line and then break it according to the scenario that you set ***
This is USDCHF 4H timeframe analysis, i'm seeing that the market is gonna come up for retracement which is buy first then SELL.
Although there is a strong bearish channel but I see a possible upward move in USDCHF currency pair,
USDCHF ********* ⏳14 Hour chart 🎲 Swing trade ⛳️Bullish entry —————-❇️——————- Detailed analysis 💬 1️⃣ 0.90000 Swiss national bank intervention level 2️⃣ 0.90000 Strong trend reversal area 3️⃣ Positive risk sentiment, Vaccine news, Selling off CHF 4️⃣ RSI has reached around 39.00 Oversold condition 5️⃣ MACD about to cross the signal line, histogram is slowly...
USDCHF is making a correction from the upside move, watch lower time frames to buy, target 0.94
With over 100pips running in profit since my last publication (see link below for reference purposes), the US dollar has continued its downtrend against the Swiss franc for the fourth consecutive day. Signs of a further decline in the Greenback continues to be emphatic as price breaks down and retest Fr0.90800 to make new Resistance level for future "sells". ...
Price is trading within a corrective channel after an impulse move. Price has the potential to retest the channel bottom and resume the advance.
The upcoming pattern is too rare, the analysis may confront error. If the pattern is detected correctly, we should wait for the price to rise to the level of 0.9296 as an initial target. We will get the confirmation of this pattern, when the price crossing the range of 0.9147.
The counter has been coiling within a 300 pip range. Now, it is at the lower end of the range and taking the support. We expect the pair to head higher to the upper end of the range.
There are many scenarios for this currency in the daily and weekly charts, but the current pattern in the 240-minute chart is Expanded Flat, which can be extended in the up the range of 0.9275 to 0.9387. It should be noted, this is a corrective movement of wave 4, after the completion of correction, the downtrend will begin in the last wave If the price exceeds...
Price has completed 50 % fib retracement now rejecting it will look for long entries.
Price is forming an falling wedge towards support. Its Possible price can breakout to the upside, possibly 0.92750. On the LTF price is possibly forming a bullish flag and that could cause the breakout
USD/CHF Buy Zone 0.9070 To 0.9100 Price Zone, Stop Loss Below 0.8970 Price Zone. Target 1: 0.9190 Target 2: 0.9290 Target 3: 0.9370
HELLO TEAM, USDCHF has created a bullish continuation pattern the next 3/4 candles shall be very important to look out for
hello team. head and shoulders pattern has formed. lets look to profit on the weak USD