Bullish RSI divergence appeared on hourly time frame, and after that the price has a given a good breakout, if it breaks previous lower high and prints a new higher high, it would confirm that bulls have taken control of the price action, and a bullish rally can be expected from that point. Targets are mentioned on the chart.
USDCHF has rejected off a major resistance and is now creating short term resistance levels to sell off from them. I am looking for swing shorts now through the month of June.
Market trend is down so i think this week market price is falling so let's see what happened the market guys
As per the Image, we had a consolidation at the bottom left, and then three drives high to a top. This top aligned with our 3x fib extension of the consolidation. After hitting the top, we have closed below a green candle, potentially suggesting a top. I see a shorting opportunity for us to now go back down to the lows.
Take a look at our analysis for USDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.908. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.905 level. P.S The term...
guys if price brake the line that its very better than enter here ok? and dont look at the monitor in all day (enter the position an leave it) Enter:91 Tp:8986 Stop loss:913 Risk free: R/R 1.5 (dont forget risk management) FX:USDCHF
The USD/CHF currency pair has exhibited divergence with the Dollar Index and has itself surged to the weekly block. Therefore, it is anticipated that this upward movement has been executed for dollar distribution, ultimately leading to a downward movement towards liquidity levels at the bottom. The probable target is the daily rejection block. There are liquidity...
It might shoot upward but we have to keep the tight stop loss to not allow it to swing and absorb our bucks.
Take a look at our analysis for USDCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.900. Considering the today's price action, probabilities will be high to see a movement to 0.904. P.S We determine oversold/overbought condition with RSI indicator. When...
USDCHF is currently on aa up-trend as sub-wave A of correction wave 2,at the moment pair is on a correction as minor-wave 4...an impulse is expected on the up-coming weeks
Bearish Bias: 1). Horizontal Structure Break: Price action on the 4-hour timeframe has breached and closed below a significant horizontal structure, indicating a potential shift in market sentiment and the emergence of bearish momentum. 2). Falling Trend Line: A downtrend is evident as indicated by the presence of a descending trend line, further supporting the...
Hs confirmation !!!! Correction now !! Bad news for US This is not a financial advice dyorr Enjoyy🫡
1.Consolidation broken below the downside. The consolidation OB respected well already. 2.200 EMA crossed with confirmation candle for short. 3.Entry 0.90450 and SL above the OB. The target is the next support.
Tentative Head and Shoulder pattern on the daily. Triangle pattern with Head and Right Shoulder levels. Consider all possible move the price can take, and trade the setup with the highest probability. My bias at this time still bullish. Will use lower timeframes to track momentum, and pick entry and exit points. The content on this analysis is subject to change...
Hello Agn, Today the market is moving quickly due to the upcoming data, which has caused most of our previous analysis to be profitable. Remember to save your profits and take them out of the market, as it may take them back just as fast as it gave them to you. It's important not to get caught up in the idea of making big profits quickly. Additionally, here is...
HS operantly forming. I opened a short position. I'm not waiting to break down the neck I think it can do it at any time. SL if a daily candle closes above the right shoulder.
The pair is trading at 0.90862 just below the previous high of 0.90955, if the reject persist, then the pair will push down to 0.90300 before going further to the downside at 0.89646 for a new low on the Dollar amd Swissfranc...
The idea revolves around 4h, 1h and 15m timeframe. The 4h trend is downtrend There's a huge rejection in 1h candle 15m candle already hit the previous support and might become new resistance level