This the update of the previous analysis
Becareful , in first target save your profit and risk free them
And if it can break the zone the you can take position if you dont get any position , you can take position after break and pull back the first target
Previous analysis :...
Price has broken long term bearish trendline signifying a change in trend direction (Blue)
Enter continuation buy on these confluences:
Test of Bullish Trend Line
Break and retest of Counter-Trendline
Retest of Level 0.93000
Time Frame: 4H
We are optimistic that the price will go up as our projection. As the overall oscillation is trapped by a range bound price action, here is a hope of repeating history as we see in the projected candles.
As you can see price in 4H time frame not only creating LL and LH but also we can see a Head & Shoulder chart pattern in this time frame. which suggest price could possibly have more downside move.
As you can see price has retraced to H&S pattern neck line and also created a false breakout of the neckline in 1H time frame but rejected immediately which showing us...
The probability of the Greenback to do a substantial drop in the coming week(s) seems to be high following the appearance of a reversal pattern in the structure of a Head and Shoulder on the Daily chart.
Tendency: Downtrend (Bearish)
Structure: Supply & Demand | Reversal pattern (Head & Shoulder)
Observation: i. As far back as 2010, It is...
Time Frame: 4H
Considering the price pattern over the last few weeks, USDCHF tends to move down .However, there is a probable long entry bias to meet the channel criteria and to readjust the price pipeline.
According to the chart , we are in downward trend and we need pullback and rest the price the come to our sell zone then we can take short position , we have 2 zone for selling and if you take any position in any zone you can put your stop loss like our shown on chart
Dont forget use stop loss and attention to money management
Please at first...
two pattern are inside the chart rising falling wedge pattern and flag pattern u entre the trade hold for long position be patience i didn't have believe indicator because indicator tell after the happened price action work all time IF any doubt DM me all taught u simple price action
Signal Analysis: USDCHF will get an edge when the current price will reach nearest resistance level at our entry price. Then it will go down and will try to reach the downward fibo levels and ultimately reach to the support level. There is a greater chance of USDCHF to oscillate between support and resistance level and...
We hope everyone had nice week with profit
According to these analysis of USDCHF , in daily time frame we analysed that the trend is downward and we need that the price come to resistance and sell zone then we can take short position , in here we shown that we have a breakwave and we need pullback of the price then we can take short position ,...
Time Frame: 4H
Signal Analysis: The price is congested in a range. There is a high probability of filling the gaps and with a strong upward move the cycle may be finished. We project our entry at 0.92369 stop loss at 0.92875 and take profit 0.91937 .
Time Frame: 4H
As the price is oscillating below 200 MA , we are not quite sure about its next price pattern. After a nice harmonic pattern, the price is heading down to a new support level. We have to wait before considering any high probability set up.
Time frame: 4H
Signal info: As USD is stronger against CHF, we expect the price action will be geared to upward direction. Though we do not consider it as a high probability setup, it has still a hope to meet our expectation by moving upward.
Time Frame: 4 H.
Signal Logic: The price action reveals a pretty strong pattern for an up turn. Though it may not be within a day or two. It can take a few days to reach the expected Take Profit Level. A partial close option may be a good strategy to capitalize form this lacuna. Let's see....
I hope everybody have nice week
In here in daily time frame after rally drop price we are in pullback and we have heavy resistance zone that shown on chart ( red zone )
in there we should take signal in lower time frame ( signal : hammer or descending cover or ... ) and we can get position too after getting reverse pattern like head and...