Usd chf following the bearish order flow as we called out last week we got our target on Friday but we still need to wait for a new range to be confirmed as we have not had two 5 minute candles closed below us and row because of this we cannot have any consistent markups until this point is formed we had a big drop off at market close that we need to wait for this...
if the break of 1.10 is there for real, more downside will be coming in i believe. **Find out more from my Tradingview Stream this week** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Interested in following me...
USDCHF violated a key horizontal support. After a breakout, the price started to consolidate within a narrow horizontal range on a 4H time frame. Its support breakout - 4h candle close below 0.8852 will give you a strong confirmation to short. A bearish continuation will be anticipated at least to 0.881 level then. ❤️Please, support my work with like,...
After price had been moving up with decent momentum, it began to retrace back down in a form of a descending channel, which is a form of internal liquidity. Price held this formation all the way down till it tapped a long term demand zone, taking out liquidity below the established channel in the process. It preceded to break an internal structure strong high,...
USDCHF - 24h expiry Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Posted a Double Bottom formation. Price action has posted a Doji candle and confirms a possible stall in the recent move. Price action looks to be...
EUR/CHF posted a decent rally from its October low, yet we're yet to see a meaningful pullback. But one may be near. A 2-bar bearish reversal has formed at a resistance zone and the 200-day EMA. Tuesday's high is also a lower high in relation to the September high. From here we're looking for some bearish mean reversion towards the monthly pivot. What makes...
We have a corrective movement to the upside that's exactly what I like to see because that tells me that uh it's not really an uptrend it's going to be very short-lived and that's exactly what happened here so after after price took liquidity from these highs right here ,continued trickling up a little bit higher but then very abruptly dumped to the downside right...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart USDCHF has been trading within a defined range and is presently showing resistance. Consequently, we will be focusing on identifying sell setups on lower timeframes. on H1: Right Chart For bearish momentum to prevail and trigger our sell setup, a...
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I see GBP as continuing to be weak, poor GDP data last week, hikes expected to be over, and expecting to see some CHF strength. BoE interest rates this week, but with the market expecting hiking to be over, I don't think it matters what happens, sterling will fall. We saw a move above my descending trendline, seeing this as possibly a fake out - we've broken...
Hey Traders, Take a look at this analysis on NZDCHF. It's advisable to wait for a breakout either below or above the flag pattern, which appears to be forming gradually on the RSI indicator. Keep a close eye on this development.
Hey Traders, Xheck this analysis on USDCHF out. The market has been ranging for a while now, i am anticipating for a clear break above or below the Mid-range flag pattern t, then i will plan accordingly for the continuation of the upside and then look for a buy trade entry. Watch this out.
After a test of an important intraday demand zone, USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame. A cup & handle pattern was formed then. The neckline of the pattern was broken during the middle of NY session yesterday. These 2 strong bullish confirmations make me think that the pair will go higher. Next resistance: 0.9068 ...
Please pay attention we need LTF confirmation to execute the sell position. If you have questions feel free to ask. 💡Wait for the update! 🗓10/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
The USDCHF has been trading within a bullish channel in the short term. Further upside could be anticipated if the DXY continues to strengthen, this looks limited with the upper bound of the channel close by. As the price trades within the channel, look for the possibility of consolidation along the middle level or retest of the lower bound of the channel...
NZDCHF is trading inside a multi year Channel Down, evident on the 1W technical outlook, which is neutral (RSI = 47.618, MACD = -0.007, ADX = 23.111), despite the pause to the downtrend since August 17th. The 1D MA200 holds as an unbroken Resistance since January 31st. Based on the 1D MACD, the current pattern mimics May - June 2023 and is on the 0.618 Fibonacci...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, attached on the chart, we have been looking for buy setups around the lower bound of the red channel. EURCHF traded higher and it is now approaching the upper bound of the channel again. Moreover, the zone 0.97 is a strong resistance. 🏹 So the...