USD/CHF is falling towards a potential breakout level and could potentially drop lower towards our take profit target. Entry: 0.85312 Why we like it: There is a potential breakout level Stop Loss: 0.85945 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level Take Profit: 0.84294 Why we like it: There is a support...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.87101 which is a pullback resistance. Stop loss is at 0.87920 which is a level that sits above a pullback resistance and the 78.6% Fibonacci retracement level. Take profit is at 0.86303 which is a pullback support level. High Risk...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 0.86380 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 0.87111 Why we like it: There is a pullback resistance that sits above the 50.0% Fibonacci...
There is an active position set at strike 1.145 for the second day in a row. The portfolio consists of naked puts, and the volume for the current contract is already significant. The synthetic formula enables the owner to take a long position with zero risk when the price reaches the specified strike. !!!!!We consider this level a strong support level when...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.87436 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.88350 which is a level that aligns with the 38.2% Fibonacci retracement level and sits above a pullback resistance. Take...
AUD/CHF is rising towards a recent swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.58378 which is a swing-high resistance that aligns close to the 161.8% Fibonacci extension level (wait for 1-hour candle to close for entry confirmation). Stop loss is at 0.58750 which is a level that sits 15 pips above a...
After deep pullback and firming a broad channel, USDCHF is on support and has chance to goes high and test the upper line of broad channel. Trade safe.
USD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.87779 which is an overlap support that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 0.86750 which is a level that sits under an overlap support that aligns with the 78.6% Fibonacci retracement level. Take profit...
Seeing this pair reject from either the current local resistance boundary or if not the longer term descending trendline. I'm expecting NZD weakness in the coming week so monitoring LTF's carefully. I believe we'll be dropping down from either 0.538 or 0.543, a break above this latter number could signify reversal.
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💌
USDCHF is rising towards an overlap resistance and could potentially reverse to drop lower towards our take profit target. Entry: 0.90230 Why we like it: There is an overlap resistance level Stop Loss: 0.90709 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement level Take Profit: 0.89534 Why we like it: There is a...
USDCHF has reacted off an overlap support and could potentially bounce to rise towards our take-profit target. Entry: 0.90345 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.90014 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Take Profit:...
CHF/JPY has reacted off a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 166.467 which is a pullback resistance. Stop loss is at 167.602 which is an overlap resistance that sits above the 61.8% Fibonacci retracement level. Take profit is at 164.979 which is a pullback support level. High Risk Investment...
CHFJPY is rising towards a pullback resistance and could potentially reverse from here to drop towards our take-profit target. Entry: 166.485 Why we like it: There is a pullback resistance level Stop Loss: 167.504 Why we like it: There is an overlap resistance that aligns above the 61.8% Fibonacci retracement level Take Profit: 164.976 Why we like it: There is...
We've broken out of a long-standing sideways channel to the lower side, now bouncing off support to retest the broken channel. I'm expecting a big dump in this paid once the retest is complete, UK economy vs Swiss economy, interest yields etc, no comparison. The Swiss has been a stand-out performer against most crosses this year, GBP has been clinging on but I...
USDCHF is rising towards a pullback resistance and could potentially reverse to drop lower towards our take profit target. Entry: 0.89357 Why we like it: There is a pullback resistance level Stop Loss: 0.90264 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Take Profit: 0.88302 Why we like it: There is a...
USD/CHF has broken below a pullback support and the bearish momentum could potentially drive it lower. Sell entry is at 0.89866 which is a pullback support. Wait for the current 1-hr candle (14:00 UTC +8) to close prior to initiating a trade. Should the 1-hr candle at 15:00 (UTC+8) open underneath the Sell entry, open the short trade at market. Stop loss is at...
USD/CHF could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 0.90910 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.91330 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is between...