hello guyz.we are already in a downtrend,so we can find the reason in smaller time frame for opening the short position in the supply areas like here…
We're seeing price test a major support level at 0.6043 which is an overlap support + has a bunch of Fibonacci confluence levels. This forms a strong level of support that price might bounce from. If price were to bounce from here, we could see it rise quite nicely towards the 0.6099 resistance level which is an overlap resistance and a 50% Fibonacci retracement...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.98500 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.98500 resistance zone. Trade safe, Joe.
Hello The USDCHF currency pair is in a bearish phase by reaching a PRZ zone. ⭐ Bearish signs in the PRZ region are: - Trend line - Descending channel breaking - Moving MA50 - Weekly pivot -Fibo 50% ⭐ and the downward signals of market momentum are: - Hidden Divergence in MACD - Time divergence in the last 2 waves ➡️Note that you should wait for the break of...
CADCHF is approaching the top of the Channel Down pattern since May 2022, which is a little lower than the 1D MA200. The 1D technicals have turned green (RSI = 58.741, MACD = 0.003, ADX = 49.805), which indicates that we are entering the long term sell zone. The ideal sell confirmation will be after the 1D MACD makes a Bearish Cross. We will after the Cross is...
EURCHF - 24h expiry Our short term bias remains positive. Previous resistance, now becomes support at 0.9785. We look to buy dips. 20 4hour EMA is at 0.9776. There is no clear indication that the upward move is coming to an end. We look to Buy at 0.9783 (stop at 0.9763) Our profit targets will be 0.9833 and 0.9843 Resistance: 0.9800 / 0.9820 /...
For Day 33/100 of our challenge, we will dive into USDCHF downside risks for the week ahead: Technicals: - Overall downtrend - Resistance created on previous support 0.91 - Break of 0.90 key level via bearish impulse - Looking to enter on 0.90 retest / 62% fib - Weekly target at 0.885 - Trade invalid if 0.905 breaks to the upside Fundamentals: 🇺🇸 Rate markets...
Hey Traders, in today's trading session our focus is on GBP/CHF, where we are actively monitoring a potential selling opportunity around the 1.15400 zone. Technically, GBP/CHF is currently approaching a significant support and resistance zone on the daily timeframe, leading us to anticipate a possible rejection from this level and a subsequent downward...
Hey Traders, In today's trading session, our focus is on the CADCHF currency pair, specifically looking for a potential selling opportunity around the 0.68400 level. CADCHF is currently experiencing a downtrend and is presently in a correction phase. During this correction, the pair is approaching a significant support and resistance zone at the 0.68400 level,...
Hey Traders, In today's trading session, we are closely observing the NZDCHF currency pair for a potential selling opportunity around the 0.55800 zone. NZDCHF is currently exhibiting a downtrend, but it is currently in a correction phase, meaning that it is undergoing a temporary upward movement within the larger downtrend. As part of this correction, NZDCHF is...
Uptrend on Audchf, looking at some upside to come. Wait for setups to go on long. **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...
Bearish trend will continue on USDCHF. I see multiple bearish confirmations both on Daily and intraday time frames. My advice to you - sell the pair on Monday. Goal - 0.891 Please, like this post, boys!
Hey Traders, In the upcoming week, our focus will be on monitoring CADCHF for a potential buying opportunity within the 0.66950 zone. CADCHF has been experiencing a downtrend, but it has recently broken out from this trend successfully. Presently, CADCHF is undergoing a correction phase and is approaching the retrace area near the support zone of 0.66950. Trade safe, Joe.
Hey Traders, Next week, our focus will be on observing EURCHF for a potential selling opportunity within the range of 0.98500. EURCHF is currently experiencing a downward trend and is presently undergoing a corrective phase. During this phase, it is nearing the significant support and resistance zone located at 0.98500, which serves as a key reference point in the...
EURCHF is on its 1day MA50, trading inside a Channel Down pattern. That is a Lower High with a maximum extension going as high as the 1day MA200. Sell now and target 0.95500. If you take the additional sell on the 1day MA200, target Support A at 0.964500. Follow us, like the idea and leave a comment below!!
will look for a short from the 4 h Orderblock down to Sellside A long possibility inside the orange Box towards the 4h Orderblock if price gets there first. Otherwise i expect Price to take out a Swing high from that orange Box. A Swing HIgh inside the current Range below .91 Main Focus is the Short Setup with Entry around .902 and SL at .91, targeting...
We can see that price has broke a key overlap resistance and could potentially rise towards the 0.6124 level which is a 38.2% Fiboancci retracement. A risk level that i'd like to highlight here is the 0.6080 level which is our intermediate resistance. Breaking this level could provide further confidence of price rising towards the 0.6124 level. Any opinions,...
Analysis GBPCHF : Considering the price correction, I expect the price to grow to the set targets. . . price: 1.11000 sl: 1.08040 tp: 1.14500 tp2:1.18350 . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 3/15/2023