Price is starting to react to the 23.6% fibo retracement level, which we can find an opportunity to buy back up to the retest of the ascending trendline that has been broken. Our stop loss is at 0.8683, which is placed beyond the 50% fibo retracement level, which is also an overlap support level. Take profit is at 0.8828, which is an overlap resistance level, and...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDCHF has been overall bearish trading inside the falling channel in blue, however it is currently approaching around the upper trendline. Moreover, the zone 0.885 is a strong resistance zone. 🏹 So the highlighted blue circle is a strong area to look for sell setups as...
Preferred direction: SELL Comment: The previous trading idea for this currency pair is in progress and the nearest target is at the level of 144.900. Further, according to our previous plan, we expect an approach towards the level of 143. Thank you for like and share your views!
Preferred direction: SELL Comment: At the beginning of a new trading week, the Euro is trying to recover, but most likely this attempt will not succeed. The price approaches the round level 1.09000, which is the resistance. From this value, the downward movement is expected to continue towards 1.08485, with a further move down. Thank you for like and share...
USDCHF is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.87538 Why we like it: There is an overlap support Stop Loss: 0.87102 Why we like it: There is an overlap support Take Profit: 0.88275 Why we like it: There is an overlap resistance Please be advised that the...
✅USD_CHF is still trading Below the resistance cluster And I am still bearish biased So a move down is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Regarding our observations, currently there are absolutely more buyers in the market. After breaking 0.8850 there is good place to long the pair. Breaking ascending the trend-line down and retrace to top of the bearish channel make good chance for a short trade. breaking down 0.8742 could be anoother opportunity for shorting the pair.
Risk 0.5% TP1 = 1:2.5 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
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...
Anyone looking at the daily chart would agree that the overall flow in this market is bearish. I am waiting for the current counter-trend move to get exhausted and evidence that the bearish move has commenced. Two possible locations of such reversal are the zone I have marked or the major s/r area around 0.900. I will be monitoring price action on H4 and H1 time...
Hey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.89000 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance zone. Trade safe, Joe.
My idea for the USD/CHF pair is as follows: We can observe the formation of higher highs (HH) and higher lows (HL) . Currently, the price appears to be in a downtrend that retraced and absorbed an imbalance . This scenario could potentially lead to a continuation of the downtrend. To calculate a 1% stop loss of your balance, you use a lot size calculator....
Hello,Friends! The BB upper band is nearby so USD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.878. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for USDCHF. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.879. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.872 level. P.S The term...
Preferred direction: SELL Comment: The British pound continues to be under pressure from the American as well, and we are going strictly according to plan 2, in the previously published trading idea. Now the price is close to 1.26989, the key support at the moment, at which one should expect a downward impulse. Stop losses of buyers will generate a sharp drop,...
Preferred direction: SELL Comment: The previous ideas for going long for this currency pair have worked out perfectly, be sure to check them out in the profile. Today, a potential reversal in the yen at the level of 144.900 is beginning to mature. There is no high probability yet, but if the price breaks through and closes below the level of 144.900, then we...
USDCHF - Selling Opportunity. Analysis Timeframe: 1D. Selling opportunity on USDCHF if we observe price confirming a downward breakout of the chart pattern with a strong candle. Our profit target will be set at the last low before the formation of the mentioned pattern. As for the Stop Loss, we will place it above the fast-moving average acting as resistance. (🇬🇧)
USDCHF - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USDCHF Entry Level - 0.87924 Stop Loss - 0.88386 Take Profit - 0.87234 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️