NZDCHF is trading on a key daily support. Analyzing the reaction of the price to that structure on intraday time frames, I spotted a double bottom pattern on 1H time frame. The neckline of the pattern went broken. I believe it increases the probabilities that the pair will pull back. Goals: 0.5518 / 0.5535 ❤️Please, support my work with like, thank you!❤️
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for USDCHF . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hey Traders! 👋 For Day 13/100 of our challenge, we will look at EURCHF potential downsides. - Recently broken 0.972 support - Made a low at 0.968 - Now retesting 0.972 as resistance We're looking to: - Take sell on H4 bearish signals - To target support at 0.967 That's it for today! See you guys tomorrow 🥂
CHFJPY could go down Sell! CHFJPY after making all time high makes a bearish divergence and breaks the trendline. Short below this support 🙂
On ERUCHF, we have a bearish setup with the price attempting to bounce back around the 0.971 area where we have a supply zone. In that zone, the market dropped, creating a point of interest (POI). Following the Forex48 strategy, I opened a trade with a 1:5 target ratio. Let me know what you think. Happy trading to everyone!
USDCHF - 24h expiry - We look to Buy at 0.8963 (stop at 0.8938) Short-term bias has turned positive. Trend line support is located at 0.8960. Intraday dips continue to attract buyers and there is no clear indication that this trading sequence is ending. We are trading at oversold extremes. We look to buy dips. Our profit targets will be 0.9023 and 0.9033...
USDCHF pair is trading in a minor bullish trend. The price sets higher lows, perfectly respecting a rising trend line on 4H. The market is approaching the trend line at the moment, To confirm one more bullish move from that, watch an inverted h&s pattern on 1H time frame. Our trigger will be a bullish breakout of 0.8998 level - the neckline of the...
Hey Traders, Check this sell opportunity out on GBPCHF. The pair is in an overall ranging market and the next phase down to correct the FVG just made a nice pennant pattern. I will be anticipating for a break and then jump into a sell trade. Watch out.
The USDCHF pair got rejected on Friday on the 1D MA50 and is extending those losses today. The long term pattern is a Channel Down and the currently neutral 1D time frame technically (RSI = 49.936, MACD = -0.001, ADX = 19.890) suggests that this is a strong sell entry. You can target S1 but we are willing to go marginally lowe on S2 (TP = 0.87610) based on the...
watching 0.9 this area to hold. **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...
Hey Traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.66700 zone, CADCHF was trading in an uptrend and successfully managed to break it out. currently CADCHF is in a correction phase in which it is approaching the retrace area at 0.66700 support and resistance zone. Trade safe, Joe.
although chf looked there is a good chance for a short position, I had an SL last week. after hunting 2 major demand zones, chf had engulfed a good place and now is there are 2 setups, a long and a short which are visible on chart, ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be...
Nzdchf from approaching Daily Resistance level. expecting a sell down to continue the bearish Trend
USDCHF - 24h expiry The previous resistance level of 0.9000 was broken. We expect a reversal in this move. A lower correction is expected. We look to buy dips. 20 4-hour EMA is at 0.9005. Our outlook is bullish. We look to Buy at 0.8995 (stop at 0.8970) Our profit targets will be 0.9055 and 0.9065 Resistance: 0.9050 / 0.9062 / 0.9080 Support: 0.9042 /...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.89500 zone, USDCHF is trading in an uptrend and currently waiting for USDCHF correction by rejecting 0.901 area before reaching the major trend at 0.895 supply and demand zone. Trade safe, Joe.
CHFJPY TRADE IDEA THURSDAY 18 MAY 2023 Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Trade safe and use always proper risk management. Thanks in advance for checking my trade idea.
CHFJPY CHART ANALYSIS POSTED ON SUNDAY 14 MAY 2023. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Trade safe and use always proper risk management. Thanks in advance for checking my trade idea.