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 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...
USDCHF is good for long trade! + Oversold + Strong Support +Strong Trendline
Signal #9 USDCHF Buy Stop @ 0.88500 Tp:0.88800 Sl: 0.8800 Wait for pullback, buy after trend recovery.
FX:USDCHF S/L 0.88610 - T/P1 0.87847 - T/P2 0.83674
1st Market break its previous support and then enter into its support that indicate a bullish reversal.
Hello everyone, USDCHF also on interesting level to sell as well. As you can see 0.8900 acted as weekly resistance for now. We might see price rejected to the downside so a sell position looks favorable. Notice also the last 4hr candle also a bearish pinbar candle so i am pretty sure bears in control for now Sell USDCHF 0.8890 Stop loss 0.8925 Take profit...
The counter has been sliding down in a descending channel formation. It is now consolidating in a bear flag pattern and closing in on the upper parallel. We expect the pair to find resistance around here and then continue its downslide.
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,...