Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8857, which is a multi-high resistance aligning with a 78.6% FIbo retracement. Our take profit will be at 0.8814, a pullback support level. The stop loss will be placed at 0.8892, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
The price didn't breakout top of price chanell i think we will see down to TP1 and if breakout that in 4 hours will go down to TP2
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Hello Traders ! On Friday 8 March, The USDCHF Reached The Support Level (0.87519 - 0.87426). The Price Formed an Ascending Triangle. Currently, The Resistance Level is Broken ! So, I Predict a Bullish Move📈 --------- TARGET: 0.88400🎯
USD/CHF may retrace the decline from the monthly high (0.8893) as it breaks out of the range bound price action from earlier this week. USD/CHF Rate Outlook USD/CHF trades to a fresh weekly high (0.8840) following the string of failed attempt to close below the 0.8770 (61.8% Fibonacci extension) to 0.8800 (50% Fibonacci extension) region, and the exchange rate...
Hello Everyone, Although USDCHF has reached a daily and weekly high, the long-term outlook remains bearish. TradeWithTheTrend3344
Hello traders, Wave 4 is supposed to end at 0.88393 zone. Then wave 5 is aimed at getting to 0.87030 zone. Thanks.
I see a strong bullish confirmation on USDCHF after a test of a key support: The price formed an ascending triangle formation on a 4H time frame and violated its neckline. I think that the price will reach 0.8855 level soon. ❤️Please, support my work with like, thank you!❤️
I am short USDCHF 3RR We are in the zone. Looks good news was pushing to stop out all sellers. We got new fuel to move down. Let gooooo
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8806 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8779 About Used Indicators: By the very nature of the...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.87800 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.87800 support and resistance area. Trade safe, Joe.
Hello traders, I want share with you my opinion about Swiss Franc. Looking at the chart, we can see how the price reached the resistance line of the downward channel, after which CHF rebounded down and declined to the support line of the channel, breaking the 0.8635 level, which coincided with the buyer zone. Then the price turned around and entered the pennant,...
it is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position. note:- let's...
The market is heading toward the resistance zone after a triangle breakout. FX:USDCHF made a strong bearish move on the 4H timeframe. Overall, the market is pulling back after an impulse move. Price action made the impulse move from the resistance level before, and now the market is heading toward that resistance level. I expect to grab liquidity near the upward...
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...