We scooped a total of 150pips in our direction since my last publication on this pair (see link below for reference purposes) before the rally began and since the beginning of the new month, it has been a choppy session for this pair. Now, the appearance of a Bearish rectangle at this juncture technically insinuates that the USD/CHF might be set to plunge a little...
Hi everyone this is my trade set up for the USD/CHF for the new week ahead USD/CHF i think will push higher as has been making higher highs and higher lows i am expecting a pullback to the order block zones and will be looking for a buy trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my...
Symbol: USDCHF Time Frame: 4H Bias: Long 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.
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...
Symbol: USDCHF Bias: Long 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....
Time Frame: 4H Symbol: USDCHF Bias: Short We are biased for a bearish move. The overall price and momentum suggests a mild bearish move before taking any explicit direction.
⏳ Forex 💎 USDCHF has got rejected several times from a significant resistance. It has also formed an Ascending Triangle which is expected to break below the Support and goes lower. 🏁 Short & Medium Term 💵 Invest Only 2% of your Portfolio 🎳 Entry at market or 0.92180 ☕️ TP1 0.91650 🍺 TP2 0.90900 🍻 TP3 0.90000 🍾 TP4 _______ 🍷 TP5 _______ 🍸 TP6 _______ 🍹 TP7...
With over 150pips move in our direction since my last publication on this pair (see link below for reference purposes); the price appears to be back at our previous Key level @ Fr0.91950 (see link below for reference purposes) with multiple rejections emphasizing selling opportunity for me. It is obvious that the Greenback rose during the last three days before...
It has been over 300pips run in our direction since my last publication on this pair (see link below for reference purposes) and the pattern of consolidation above our previous Key level @ Fr0.91500 (see previous publication) coupled with the significant Breakdown on the 8th of July 2021 informs a Bearish perspective that could either be a long term or most likely...
Price has moved over 100pips in our direction since my last publication on this pair (see link below for reference purposes) and I am looking forward to a further dip to complete correction of the Breakout that happened on the 24th Feb 2021 to join the rally in the coming week(s). Following the Swiss National Bank (SNB) Chairman Thomas Jordan perspective that it...
We had a very good trading opportunity on our last trade on this pair as the price moved over 500pips in our direction since my last publication (see link below for reference purposes). Fr0.92300 has held price "Supported" five good times in the past hereby making this level a very viable Demand zone we can "trust". However, this same level has been a strong...
USDCHF an important weekly support zone and probably the best place to open a buy entry. I have shown the analysis in the chart
The price moved in our direction (180pips) as predicted in my last speculation on this pair (see link below for reference purposes). After a 2 month long battle, Buyers finally broke above the key Fr0.89300 level (neckline) on Thursday... A complete reversal pattern is formed (Inverse Head and Shoulder) as I anticipate a rally soon. Tendency: Uptrend (...
Here's the 4H chart of the USD/CHF. Right now, it's moving sideways under the hurdle ( 0.8918 ). If the trend moves upside and crosses the dynamic resistance and hurdle trendline, then the hurdle will react as the support. And targets for the uptrend will be the following 0.8960 - 0.9000 . But if it falls and breaks the key level, then the target will be 0.8796...
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...
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...
Here's the USD/CHF daily chart, and it has started the bearish Elliott wave pattern. It may hit the 0.8731 (to complete the 3rd wave), and then the trend will fly to hit the 4th wave. It will hit 0.8900 - 0.9000 to complete the 4th wave.
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...