usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside. *USDCHF short
After NFP and Rate decision last week. I believe USD will show some weakness for the next weeks. Not sure if it will be followed by strength or we may not see that strength after all. Will have to wait and see.
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.86109 which is a pullback support. Stop loss is at 0.85480 which is a level that sits underneath the 100.0% Fibonacci projection level. Take profit is at 0.87141 which is a pullback resistance that aligns close to the 78.6% Fibonacci...
I think USD will show us strength next week maybe with the FOMC meeting giving us a catalyst for a move. Also I am sharing a correction for my idea regarding GBPAUD trade from last video
USD/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86383 which is an overlap support. Stop loss is at 0.85800 which is a level that sits under a pullback support. Take profit is at 0.87115 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. High Risk...
USD/CHF could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 0.86303 which is an overlap support. Stop loss is at 0.85800 which is a level that sits under an overlap support and the 23.6% Fibonacci retracement level. Take profit is between 0.87150 and 0.87307 which is an overlap resistance that aligns...
Today we will analyze USD pairs for the next weeks to come. I believe we may have some USD strength. With a good setup on GBPUSD and NASDAQ.
USD/CHF is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.85295 which is a potential breakout level. Stop loss is at 0.85950 which is a level that sits above the 23.6% Fibonacci retracement and a pullback resistance. Take profit is at 0.83752 which is a swing-low support. High Risk Investment Warning Trading...
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. 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...
Price could reverse off our sell entry level at 0.87689 which is a multi-swing-high resistance and fall towards our take profit level at 0.86714, a multi-swing-low support level. Our stop loss is at 0.8080, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Price could bounce off our buy entry at 0.8698, which is a strong overlap support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.8651, which is below the multi-swing low support level. Take profit is at 0.8767, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Price action analysis for USDCHF. Important key levels. Directional bias. Trading plan ahead of PMI report and Powell speech. ❤️Please, support this video with like and comment!❤️
The Watchlist creation for the US session, 8am-12pm NY time. US data eyed.
There could be a sell-high opportunity for USDCHF, waiting to see if we get a restest of the highs.
Price could react to our buy entry at 0.9022, which is a pullback support level. Price failed to create a lower low, and is now creating higher lows. Hence, we can look to enter buy positions to ride the short term bullish trend. Our stop loss is at 0.8971, which is below the swing low support level. Take profit is at 0.9068, which is a swing high resistance...
Price could fall to our buy entry at 0.8941, which is a pullback support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.8882, which is below the swing low support level. Take profit is at 0.9001, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Price is testing our buy entry now at 0.9032, which is a pullback support level, aligning with the 38.2% fibo retracement. Our stop loss is at 0.8995, which is below the other pullback support level, and slightly below the 50% fibo retracement. Take profit is at 0.9080, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...