U.S. Dollar / Swiss Franc USDCHF

Long entry waiting /hr4

Although we are seeing a long-term rising wedge form, the fruition of a downturn at the end of the wedge is still some months into the future. In all liklihood, we still see a bit of an upward movement given how overcrowded the short trade is according to the bull bear oscillator. A trading week is five days which is why I used 5 day RSI to highlight how poorly...

H4 bear flag tendency is downward

USDCHF

Here is the markup for USD/CHF that I cover in my Weekly Market Analysis video I post every Sunday on all the major pairs, so you can form a plan to trade the markets in the coming week. Just another tool to help everyone in this community. For a FREE FULL VIDEO BREAKDOWN of all these markups, please head over to our website at the following...

Trading Plan Week 13, 2019 (25th Mar - 29th Mar 2019) Plan 6: USDCHF - Bearish - Target 0.99143 Bearish confirmed in higher time frame, waiting for pull back before entry. 1st target @ 0.99143 2nd target @ 0.98762 Best price for pullback 0.99793 Join the telegram channel for free@ t.me/flyzonetrader #flyzonemethod #multipletimeframeanalysis #parallelchannel...

Usdchfchf my analysys

Flats are my favorite corrective patterns They are simple (3 waves) and at the same time more complex than a basic corrective structure - zigzag (that is, as you may know, only a part of a flat pattern). In other words, the probability that the price will continue to trend after a zigzag (a basic corrective structure) is much-much lower, that after a flat. On the...

hi

Ascending Triangle breakout then sell.

The SNB's hand is forced with the ECB sidelined. Markets are likely to want to test ECB willingness to shift into easing mode again so the dollar remains the only game in town. From a technical perspective here we are trading the final leg in this large ABC sequence. Best of luck all.

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.995. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9895. TP4: S2=0.985. Set the stoploss of these orders at breakout of R2=0.997. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

Key long term resistance area Price forms double top at that resistance and breaks the neckline Shorted two orders @ 1.0069 TP- For 1st order : 1.0012 TP- For 2nd order : 0.9943 SL: 1.0107 Average Risk/Reward: 2.4 Risk of capital for trade: 1.5%

Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...

Confirm bearish

Near 0.99889 is a good place to open Sell. Take profit is 1.00090

USDCHF is reacting to a major support zone which appears to be holding strong. I think price will begin a rally to the upside possibly all the way to 1.01154.

USD/CHF short setup as bears make traction in the major consolidation phase after breach below double top neckline in minor trend: USDCHF bulls in minor trend seem to be sliding further after breaching below double top neckline & strong support of 1.0035 levels (refer daily charts).  Consequently, the current price constantly slid below 7DMA, for now, the...