Analysis on #USDCHF
beautiful bearish harmonic bat pattern near strong supply zone for me, looking for the price to come in and test the structure zone to provide me a reason to get in a sell trade.
like and comment will be hugely appreciated, thank you so much for your support.
Check today analysis below⠀
>>“ Success is where preparation and opportunity...
Consider the development of North Impulse from Demand Zone . The target is next POC level.
USDCHF - LONG
ENTRY PRICE - 0.92500
SL - 0.92150
TP - 0.93160
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3....
USDCHF consolidating above ascending trendline support. Price could potentially push up further to 1st resistance at 0.93330 towards, in-line with 100% Fibonacci retracement , 61.8% Fibonacci extension and swing high resistance. Alternatively, price could drop and find support at 0.91645, in-line with 100% Fibonacci retracement and 200% Fibonacci extension .
Any...
We are short at 0.9280 and 61,8% fibb retracement
@Miwealth, we make use of a wide arrange of strategies tools and reports to predict market movement, we are in nature attempting to trade the impulsive moves or larger correction in price, we therefore make use of fundamental analysis mainly using COT report analysis and overall market conditions such as market...
I am looking to go short on this pair at the price region marked on the chart and looking to exit at the marked region on the chart. Either way, I'm looking to see how this develops.
Good morning all,
I hope that you're well, you have a great weekend and that you're feeling suitably recharged.
So it looks like there could be some decent opportunities shaping up across the board this week, as always with some of them requiring a little patience and others looking a little closer to being ready. But where today is concerned USD/CHF is looking...
Keep an eye on USDCHF as we kick off this week - we are currently at an important resistance turned support level - strong buildup early month which translated into a breakout which was faded immediately. Price is currently forming a smaller buildup at support - break of this should set the bias. A break higher means price came down to refuel and new highs...
time frame w shows a big breakout price. In the h4 frame, the price broke the trend and signaled a strong uptrend. plan 1 buy now this price zone and stop loss 20 pips short term.
plan 2: buy limit at 0.92290 price zone here is a very strong demand zone
The USDCHF, also known as the “swissie” is the fifth most traded currency in the Forex market. It is considered to a safe haven pair due to its stability and neutral character of Switzerland and is a reserve currency used by markets worldwide.
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