We have seen prices in a long bullish retracement over the past weeks. Price dropped off from a Supply Zone around 0.8875 on July 10, 2023. In nearly 6 weeks, we saw prices drop to create Sell side liquidity at 0.85533, after which prices began to rally in a gradual bullish trend towards our supply zone. We had patiently waited for prices to come into the zone...
USDCHF - 24h expiry Trading within a Corrective Channel formation. A higher correction is expected. Short term momentum is bearish. Prices expected to stall near trend line support. Trend line support is located at 0.8780. We look to Buy at 0.8784 (stop at 0.8754) Our profit targets will be 0.8854 and 0.8874 Resistance: 0.8840 / 0.8860 / 0.8876 Support:...
USDCHF is in a steady decline within a channel. We appear to be in a leading, which is made up for 5 waves consisting of 3subwaves each. We are in wave 4 now and looking for the final 5th wave lower We are approaching the channel resistance and the 38.2 fibonacci. Expecting a rejection here. Trade Idea: - Watch for rejection at the channel - Risk entry on...
Hey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.89000 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.95900 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.95900 support and resistance zone. Trade safe, Joe.
-SL @ 1.0100 🚫 (conservative) -SL @ 1.0080 🚫 (aggressive) SLO @ 1.0025 ⏳ TP5 @ 1.0000 (closing ALL Buy Positions) TP4 @ 0.9950 (shaving) TP3 @ 0.9830 (shaving) TP2 @ 0.9755 (shaving) TP1 @ 0.9640 (shaving) BLO1 @ 0.9490 ⏳ BLO2 @ 0.9465 ⏳ -SL @ 0.9430 🚫(aggressive) -SL @ 0.9400 🚫 (conservative) CURVE ANALYSIS Based on the 1-day timeframe, the EURCHF curve...
🔰 Pair Name : CAD/CHF 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : Long/ Buy 📈 Comprehensive Fundamental and Technical Analysis Update 📊📉 Over an extended time frame, the prevailing price action underscores a consistent consolidation pattern, confined within the well-defined range of 0.6480 to 0.6610. Our perspective remains firmly inclined...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDCHF has been overall bearish trading inside the falling channel in blue, however it is currently approaching around the upper trendline. Moreover, the zone 0.885 is a strong resistance zone. 🏹 So the highlighted blue circle is a strong area to look for sell setups as...
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As I predicted, CADCHF bounced from a key daily structure support last week. Analysing 4H time frame, I spotted one more bullish signal. This time, the pair broke and closed above a resistance line of a falling wedge pattern. It indicates that the market may potentially go even higher. Next goals - 0.6524 / 0.6544 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.1300 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.1300 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.89000 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance zone. Trade safe, Joe.
EURCHF is trading in a long-term bearish trend. After a consolidation, the price violated a key horizontal support and closed below that. The broken structure and a major falling trend line now compose the contracting zone of supply. I will expect a bearish movement from that at least to 0.953 support. ❤️Please, support my work with like, thank you!❤️
The CHFJPY pair has been on a very strong and steady rise, supported by the 1D MA50 (blue trend-line) since the March 29 break-out. Our last signal was on April 28 (see chart below): The situation hasn't changed and the trend remains bullish, aiming at a +8.00% extension. Our target is 171.000. If however the pair breaks below the 1D MA50, we will close it...
CADCHF is testing a key daily structure support. The price formed a double bottom on that on 1H time frame. The neckline of the pattern is now broken. It signifies a local change of character from bearish to bullish and a highly probable pullback. Goals: 0.6502 / 0.6707 ❤️Please, support my work with like, thank you!❤️
Trade Rationale: The CAD/CHF pair is currently showing signs of short-term bullish momentum, presenting a potential trading opportunity. The Canadian Dollar (CAD) has displayed strength against the Swiss Franc (CHF), indicating a possible upward movement in the exchange rate. Technical Analysis: Support Levels: The pair has found support at a key level,...