In the USD/CHF pair, a bearish trend seems to be emerging on the 4-hour timeframe, supported by the breakout below the double top neckline. Additionally, the correction of around 50% in the previous wave and the completion of the 4th Elliott wave further suggest downward pressure, potentially indicating a continuation towards the completion of the 5th Elliott...
If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only...
Symbol : USDCHF Date : 07 Mar 2024 Main Trend : Up preferred Transaction : Buy ( 0.88210 ) Reasons : mentioned on chart Technical Analysis success at level : 0.91000 Technical Analysis fail at level : 0.87000
Hello traders I have conducted an analysis on USDCHF, as you can see the market has been on a down trend for the past few months and I think it will continue doing so as it showed huge rejection candle on the current zone so now this current zone will act as resistance as price showed before that this zone is valuable as it was acting as support in the past...
We see that price has moved out of the ascending channel on Daily and 4HTF and currently it has formed a flag to commit to the downside. If the third touch holds with a convinced signal. Then I'll be taking a short on this Pair. If you found this helpful please support your fellow trader with a like.
FX:USDCHF is forming a correction after breaking the support of the uptrend. The dollar is in an unstable situation and in a phase of decline, which may favor the CHF, in which case the currency pair may decline. Globally - bearish trend. The resistance retest is formed and the price is not ready to renew the maximum yet and breaks the structure of the...
Hmmm this one is good regardless of what happens, i really think there is more upside to this but its a tricky one hey, AHH lets discuss after PPI results
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
USD CHF Idea on Long Volume fibo market structure buy low liquidity selection 8.3
USDCHF has reacted off the overlap resistance and could potentially fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 0.8782 Support: 0.8728 Resistance: 0.8822 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
Based on the H4 chart analysis, we can see that the price is falling toward our sell entry at 0.8675, which is an overlap support (breakout) Our take profit will be at 0.8674, a pullback support level. The stop loss will be placed at 0.8857, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8817, which is a pullback resistance that closes to 50% Fibo retracement. Our take profit will be at 0.8751, a multi-swing low support level. The stop loss will be placed at 0.8879, a multi-swing-high resistance level. High Risk Investment Warning Trading...
USDCHF break trendline and now retesting trendline , after analyzing Dollar chart i see picture of bearish move of this instrument.
If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only...
I want to see how this plays out, wave 4 is in play in my eyes however this hasnt dropped yet and due to the time I dont think it'll drop effectively until tomorrow now. Let's see how this plays out. I dont have a trade in it at the moment.
5 hours ago This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments...
Possible buy on all the strong buy candles off resistance. We are in a short-term uptrend off a long-term downtrend. We have multiple confluences to support a trade to the long side.
USDCHF The price touched a support area and now it goes up what do you think??