Good day traders, Although we are currently bullish on the lower timeframes, swing traders are looking at the overal out look of the CHFSGD. The CHFSGD has been consolidating between our Support and Resistance levels for a couple of years now. It has recently respected our resistance level creating a possibile bearish trendhike. We saw a bearish confirmation it...
CHFSGD has formed a monthly hanging man on the resistance followed by weekly bearish engulfer with a daily head & shoulder and breakout from this daily head & shoulder with bearish engulfer. On the opening of the new trading week, on the retracement, there could be a selling opportunity on the lower timeframe.
CHFSGD $CHFSGD Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.4637). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFSGD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.4637). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHFSGD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts...
Hi, This is the only forex pair I trade. Before the pandemic this pair was in a short run for a long term! Then the pandemic came and it went up for peaks. Makes sense, people see security in the Swiss dollar. The world is now familiar with the pandemic, business are evolving, countries are recovering etc. The panic of covid is not going to last long and in...
Net Buyers Trapped: 6 Cumulative Quantitative Power: 1250 Signal: Sell with the above parameters.
1- PATTEN @ YH 2- H4 SOURCE + DIVERGENCE ON H1 TF 3- PEAK FORMATION HIGH 4- TDI CONFLUENCE + SHARK-FIN PATTERN @ MULTI SESSION M OH 4H TF
CHFSGD Short Intraday Trade Opportunity
BUY STOP - Pending Order BUYING CHF/SGD Entry: 1.3858 Target: 1.3940 (82+ pips) SL: 1.3789 (69- pips)
SAXO:CHFSGD Setup void if current Weekly supply is violated. Can work with a tight SL above the current marked supply.
In CHFSGD We have Found Double Top pattern with bearish pin bar candlestick pattern. Here we have 248 pips Risk and 824 Reward use only 0.01 Lot. this trade is only for risk Taker. Sale : 1.4143 Target : 1.4098 Target : 1.4048 Target : 1.3686 Target : 1.3316 Stop loss: 1.4388 The Pin Bar Pattern (Reversal or Continuation) A pin bar pattern consists of one...
CHF/SGD, Daily chart: 2 years long resistance zone + Inside Bar + Overbought on RSI(14) + Side of Bollinger bands (20,2)
CHF/SGD is weak and we can expect it to continue it's bearish trend further below on the long term this next few weeks *as long as the 50 EMA holds as resistance on the daily timeframe. It may make some pullbacks up but it is nothing to worry about as long as it never finds support. The reasonw why I leave my SL higher than the 50 EMA just in case. This is a...