U.S. Dollar / Swiss Franc

USDCHF

Second pattern in H4 on the USDCHF to consider for the week. Open - 0.97585 TP1 - 0.96485 TP2 - 0.95335 TP3 - 0.94323 Stop loss - 0.97635

just an idea, manager you own trades, tp and sl. waiting for a good candle pattern on a lower TF if not no trade will be taken OANDA:USDCHF

USD/CHF is in the zone, where market almost always reacted in the past, so we can expect reaction now too! Moreover, there is Fibonacci 50% of the whole move down which almost always works as a place where market turns and there is a trendline too. After open on Monday I will try to find a good entry with a stoploss 50-100 pips and HODL for life. Important is to ...

This chart depicts a hidden bullish divergence using trend lines to demonstrate a higher low in price compared to the RSI at a lower low to indicate that the currency pair was even further oversold at that point and a divergence in trend to the bullish direction may occur; which it did after the higher low in price.

take a look

Bearish deep Crab with bearish divergence Measurements - 1.618XA - 2.618BC - 1.618AB=CD

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USDCHF is testing our first resistance at 0.9714 (horizontal overlap resistance). A strong reaction might occur below this level, pushing price down to our major support at 0.9647 (horizontal pullback support) which coincides with our long term ascending support line. Stochastic (89,5,3) is also approaching our major resistance and we might see a corresponding ...

HI there, Watch bottom for buy, Clear break below will change the pattern. Good Luck

USDCHF Keep oscillating in the short term. The big cycle is still bullish. You can trade with my instructions.

Looking for Short opportunities if rising wedge breaks to the downside. Ideally i'd like to see a correction/pullback after the break before entering the trade. Will update with entry, SL and TP levels once analysis goes as planned. For more live action and community chat, check profile for details.

Hope this idea helps! Don’t forget to Like/Follow if you enjoyed this post :) USDCHF is in a confirmed uptrend confirmed by our Master Bull/Bear - Uptrend/Downtrend Confirmation indicator- Green and Red Background. We can also see that we are at the top of our uptrend channel which indicates a price drop on the way. We can see that after prices move towards the ...

DOLLAR/FRANK New trading suggestion: There is possibility of temporary retracement to suggested support line (0.9520), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Total Profit: 3203 pip Closed trade(s): 899 pip Profit Open trade(s): 2304 pip Profit Trade Setup: We opened 10 BUY trade(s) @ ...

we might get a bounce from it prepare for a reversel

I am setting a pending sell order for swissie at .9808 which is the .786 retracement line on the weekly chart. This sell could come in earlier if the pair starts to reject the down trendline around .9759. I will pull up the dollar index chart and make sure that it stays within consolidation. targets will be lower into .8973 (1.270 retracement on the same chart) ...

SHORT

It is a very profitable pattern that i think it is good to learn. Buying a pull back after a descending wedge is broken

On the 3 day fibonnacci, the price failed to break below the fib zone, this gives further momentum to the upside, though a retrace to the 0.786 level is essential.