My dear followers, I analysed this chart on USDCHF and concluded the following: The market is trading on 0.8643 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8559 Safe Stop Loss - 0.8685 About Used Indicators: A super-trend indicator is plotted on either above or...
Is it time for the USDCHF to head lower? Let's look at this pair from a technical perspective. To understand the direction of a pair, we have to first look at the higher timeframes. The monthly, weekly and daily timeframe suggest that this is a downtrend.. It's not a matter of where the trend is headed, because obviously, it's a downtrend.. Since we "know"...
Several Fair Value gabs (4HS above the the Daily). The last confirmation was a 15 minutes Fair value Gap above the the most recent 4H gap
Preferred direction: SELL Comment: The British pound starts the week also unchanged, here we still expect a fall towards the levels of 1.26000 and 1.25000 . The pound stood out for its larger upward correction against the dollar, but this currency pair has been looking more for a sell-trade. Particular attention is paid to intraday time periods, where...
Preferred direction: SELL Comment: At the start of the new trading week, our market mood remains unchanged. Last week passed virtually without changes in medium-term trading. The priority for purchasing American currency remains. In principle, everything is formed for the euro , and we are ready for a fall. However, only the market itself knows when exactly...
USD/CHF is falling towards a pullback support and could potentially bounce higher towards our take-profit target. Entry: 0.86500 Why we like it: There is a pullback support level Stop Loss: 0.86332 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Take Profit: 0.87281 Why we like it: There is a pullback...
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...
💵Pair Name : USD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— This is the best entry...
A recent 4h BoS w/clean impulsive nature bullish. We saw a slow retracement, preceded by a multi-day consolidation. Price retraced into the edge of the 4h range for entry.
Hello,Friends! We are going short on the USD/CHF with the target of 0.856 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: SELL Comment: Further declines are also expected for silver. Previously, we indicated two options for a sell transaction on this instrument. And about the script now in work. The trade has already been moved to breakeven and even part of the profit has been fixed. At the moment, one can consider short-term trades also in the direction of...
✅USD_CHF went up to Retest the horizontal level Of 0.87113 from where I will be expecting a Bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Plan for USDCHF for the coming week: I am waiting for the price to trigger my short zone, around 0.874/0.878. Here i will check for divergences on smaller timeframe, to increase my shorts. I placed a sell limit at 0.87650 considering that 0.877 is a strong resistance, and i expect a pullback anyways from there
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.86000 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
Preferred direction: Neutral Comment: For this instrument, we recently closed our growth target with a profit, but this growth potential is most likely not exhausted. Further growth is expected towards resistance 0.87757 . Here is our first and main scenario for the upcoming sale. Scenario №1 on the chart is the most likely, and it should even be said that...
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...
In the closing weeks of 2023, this pair experienced a significant sell off, plunging nearly 500 pips and breaking decisively below the September low. Reflecting on my July trade idea post, the market movement matched my expectations, though it did peak slightly higher than anticipated. So, what's next? As I mentioned back in July, following the rise above 0.88,...