On the H1, and above time frames, USDCHF, shows a strong bullish pattern, however, from the chart, we can see many candle sticks bullish patterns
Price is rising toward the pivot point of 0.86722, a pullback resistance that aligns with the 61.8% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 0.85908. If price breaks above the pivot, it could rise to 1st resistance at 0.87295, a swing-high resistance level
#USDCHF UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #USDCHF. USDCHF got declined from the most recent resistance level. Clearly it can be seen that it sweep the liquidity according to the HTF, which will be our SL for short trade. if this candle close below to this level, we will...
USDCHF will go SHORT , take 50 pips profit. Indicator Rsi 1 hour shows a strong FALL.
usdchf in weekly support Wait for the return In support of weekly time Selling is illogical
USD Approachead that resistance area on H$, tapped the trendline and gave a divergence, breaking one monor support, confirmatio for a sell RR 1:2
USDCHF formed a bearish RSI divergence on 4H time frame, and followed it up by the formation of a lower high, it is currently defining first lower high. The break down from lower low would confirm further drop in price. Targets are mentioned on the chart.
Preferred direction: BUY Comment: The Swiss currency is an outsider among the majors against the US dollar. This currency sank the most against the American currency. In addition, while some competitors of the US dollar were trying or were in the process of correction, this currency pair stood in a very narrow corridor. The bullish sentiment for this...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8655, which is a pullback resistance that aligns with a 38.2% Fibo retracement. Our take profit will be at 0.8575, a pullback support level. The stop loss will be placed at 0.8736, above a swing high resistance level High Risk Investment Warning Trading Forex/CFDs...
Looking for a break and a close with a 1h / 4h above or below blue zones to look for entries. but am leaning more towards because of how the previous two 4h candles closed
Keeping it simple stupid, USD/CHF overall trend is bearish looking at it from the Daily Time Frame. Price has hit the levels of 0.872 S&R, with confluence of the Fib and Divergence on the RSI..
Hey Traders, Strong Fundamental aspects must be considered especially when dealing in FX Markets. This relates to CB outlooks globally. Watch for more.
A SELL SETUP ON USDCHF good for sell try this friend
intraday trade tp and sl mentioned not a financial advice
Reason: Head Pattern has formed and break the neck line.
My dear followers, I analysed this chart on USDCHF and concluded the following: The market is trading on 0.8643 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8559 Safe Stop Loss - 0.8685 About Used Indicators: A super-trend indicator is plotted on either above or...
Is it time for the USDCHF to head lower? Let's look at this pair from a technical perspective. To understand the direction of a pair, we have to first look at the higher timeframes. The monthly, weekly and daily timeframe suggest that this is a downtrend.. It's not a matter of where the trend is headed, because obviously, it's a downtrend.. Since we "know"...
1:10 RR usdchf buy trade. might hit stop loss due to another zone which is about to get validated