Hello traders, this is my opinion on what will happen next on USDCHF . ➖➖➖➖➖➖➖➖➖➖➖➖ Price now is consolidating on support zone @ 0.92600 from where price will go up and go to try hit resistance @ 0.93700. My goal is that price reach resistance @ 0.93600 ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lot's if you gonna trade on this, always use proper risk management and do...
This is a follow-up on our USDCHF posted on Monday and Wednesday (see link below for reference purposes); Price hits stop loss with 60pips profit (an approximate of 175pips - 3positions) during the course of last week's trading session. We are expecting the price to continue into the supply zone identified on the daily time frame to close at our initial profit...
Price has not move exactly as I had hoped. My bias to rise was correct however I am still waiting to see whether or not an executable entry according to my plan sets up, so far I'm not unfamiliar with the current behavior. I know the pair to be a bit slow so I'll just wait longer. Waiting is the best form of action until something is presented according to plan
Depending on the pattern of falling cups and handles, it is possible to fall
My arrow indicates that we just had a change in structure, currently market price is around the new LH region and I am looking to take a short order. But in case price closes above the LH, I would wait for a pullback to buy.
Time Frame: 4H Symbol: USDCHF Entry: 0.93465 TP: 0.95341 SL: 0.92375 Bias: Long USDCHF is bullish as the dollar is getting stronger. The strength of the dollar will stay for some time so there is an expectation that the pair will go upward.
With price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our entry of 0.93712 to our Take Profit at 0.92817 in line with pullback support. Our stop loss will be at the swing high of 0.94318 area in line with the 127.2% Fibonacci extension . Any opinions, news, research, analyses, prices, other information, or...
With price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our entry of 0.93712 to our Take Profit at 0.92817 in line with pullback support. Our stop loss will be at the swing high of 0.94318 area in line with the 127.2% Fibonacci extension. Any opinions, news, research, analyses, prices, other information, or...
Price has reached 4h key level Lower timeframe has broken upward structure entry point been marked sell stop
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Current dynamics During the Asian session, the USD/CHF pair has been actively growing, updating local highs since March 29. Now the instrument is testing the level of 0.9340 for a breakout, waiting for new drivers to move. Meanwhile, the US dollar index approached the psychologically important level of 100 points on expectations of higher consumer prices, which...
I'm still waiting to see signals of an executable trade, I still have the same bias for the pair and am waiting for price to possibly test yesterday's low. Should price test the area and provide some the signal I'll be going long. This falls into the cycle I see on a long term perspective (yearly).
Hey traders, in today's trading session we are monitorin USDCHF for a buying opportunity around 0.93400 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
USDCHF (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
all we need to do is wait for confirmation so we can enter our trade
following the current directional trend of USD/CHF. apply your own risk management when placing the trade.
This pair seems to be in bullish trend based on four to five criteria. The strategy has been given based on the 1:1 risk reward ratio.
Weekly : We are in a bullish weekly channel. The last high hit the overall supply zone and the last low hit the demand zone forming a HH and HL channel. The weekly bias is bullish and the last weekly candle has been a huge bullish engulfing. Daily : We are in a bearish daily channel. The last low was a -61.8 reversal zone which indicating a change in structure...