CHFHUF has formed Bearish Crab pattern. Entry price, stop loss and TP'S have been Marked.
Possible Reversal Pattern after a period of consolidation. There are numerous resistance levels at close price proximity so will require sufficient momentum to break through
Quick Long trade after consolidation in a down trend. Tight stop at downtrend continuation point gives good Risk to Return ratio.
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
this is my bullish technical idea and price action analysis . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
In the continuation of the downward trend of the currency pair, 3 black crows candlesticks pattern has been identified in the correction phase. The currency pair is expected to touch the marked levels.
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
CHFHUF trending in sideways on 1 hour time chart. I have defined my trade plan as per my technical analyses.
Falling wedge breakout and can see clear divergence on 1H TF
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
Thanks to the large positive swap, we would be in profit even if the price goes in the opposite direction, that's why this high stop loss
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The overnight rollover for this pair is so high and it's on point with the trend that I'm going to do a position trade with this pair for a couple months. A couple days holding this pair will pay for the spread. I'm just trying to find a pair to hedge with this pair so i can limit any losses that may incur but yeah the overnight swap for going short is...
Market is creating HH and HL also at the trendline support and fib support can go up
THE market is creating LH and LL. The market is in bearish trend with respect to 15min timeframe.
After the test of the 0.618 Fibonacci level at the 330 area, CHFHUF has turned into a bearish scenario. The price is now testing a weekly trendline above a support and according to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...