USDCHF - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long USDCHF Entry - 0.8786 Sl - 0.8768 Tp - 0.8826 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
**USDCHF:** Last week the price resisted the EMA200. The forecast is for the price to go up to the EMA200 zone and then come back down to test the pivot at 0.85798.
The USD/CHF pair is facing resistance around the 0.8830 mark, struggling to regain momentum after a retreat from nearly reaching 0.8900, primarily attributed to encountering a double top formation at 0.88850. This downward movement in the pair is underpinned by the weakened US Dollar (USD) and declining US Treasury bond yields. Market participants are eagerly...
Hello everyone, New week ahead. Looking forward to it! Last week we had red folder news. BTC is pumping, gold is following. I did my TA last night for my point of interset. If you look back at the charts, you can see why I am not putting limits. If I see a big candle pushing in my zone of interest, I am more than happy to watch how it goes and step in after liq...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8813, which is a pullback resistance that closes to 61.8% Fibo retracement Our take profit will be at 0.8691, a support level. The stop loss will be placed at 0.8895, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries...
USDCHF Crosses the Trendline and creates a new bottom at the 38% Fibonacci line So now the uptrend has been broken. We can consider entering an order #1 Sell: 0.87816 fibo zone 23.6% Stop loss: 0.88676 Take profit: 0.85769 at fibo 61.8% #2 Sell: 0.88186 Stop loss: 0.88186 Take profit: 0.85781 at fibo 61.8% #3 Sell: 0.88349 SL: 0.88688 TP: 0.85775 #4 Close 1/2...
After closing at high resistance area it could be possible for us to catch a few pips in this retracement- it is important to observe the weekly to avoid being caught on the wrong side of the market, to a successful week! Cheers!
Waiting for a break and retest of 0.87401 to short USDCHF back to 4H swing low at 0.83517 If you agree drop a like and if you have any questions leave a comment :)
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
I am looking for shorts because of the weakness of the dollar, however I am mindful that there was a rejection and and a bullish close on the daily candle. So there are two possibilities and the short entry may not set up. In order for the short entry I would look for a rejection from the current area and a lower low close on the 4h to go back to the target...
Hello traders, Wave C of 4 is supposed to end at 0.88924 zone.Then wave 5 is aimed at getting to 0.83280 zone. Thanks.
My dear friends, Please, find my technical outlook for USDCHF below: The price is coiling around a solid key level - 0.8852 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8809 Safe Stop Loss - 0.8875 About Used Indicators: The...
The low was treated not as a POI but as an inducement. Now there has been a major inducement. I'll be looking for longs if the low is respected. STDEV - Standard deviation
Hello Everyone, The USDCHF pair is presently trading below the daily resistance level, and its reaction at this point will provide insights into potential future movements, with current indications favoring the bearish direction. In summary, observable developments suggest a clear downward trend with increasing momentum expected in the near...
The USDCHF price chart shows clear weakness with a distribution structure in the H4 time frame with control tilted towards the sellers. Although the attempt to push the price down in the trading session on February 22, 2024 failed, it clearly demonstrated the strength of the sellers. The price has successfully broken out of the lower boundary of the structure....