There is a clear CHoCh at a significant 1D level. We are waiting for the price to take out the liquidity areas and then return to the supply area for a sell.
Dear Traders, Based on WAVE Analysis we are still in wave 4 of downtrend. My expectation is at 0.8810 market should start the last drop and we can make the take profit at 0.8558.
Preferred direction: BUY Comment: The US dollar continues to put pressure on all major currency pairs at the beginning of the week. It is most likely to count on such a trend in the first half of the week, at least. The American still has a place to strengthen, and the franc is no exception. We continue to consider the level 0.87757 as a starting point upward...
The USD/CHF pair finds itself ensnared in a tight trading range around the 0.8770 mark as the early Asian session kicks off on a Monday morning. As this intriguing market scenario unfolds, traders and investors are keeping a watchful eye on the dynamic interplay of forces shaping the currency landscape. US Dollar Index Sustains Upside Momentum Across the...
USDCHF is close to an overhead resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 0.87825 Why we like it: There is an overlap resistance Stop Loss: 0.88187 Why we like it: There is a pullback resistance Take Profit: 0.87113 Why we like it: There is an overlap support that aligns close to the 38.2% Fibonacci...
With the dollar moving higher, watch Swissy. The bears got rejected each time after a spike for a few pips, below important swing support. A drop was also in three waves from the recent highs so I think more upside is coming. GH
My dear followers , This is my opinion on the USD/CHF next move: The price is coiling around a solid key level - 0.87610 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.87446 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
✅USD_CHF is trading below A local horizontal resistance Level of 0.8782 so I think that We might see a local pullback SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.850 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
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...
Traders and Investors, No matter what the media and general consensus say, simply look at the charts and trade what you see. The dollar made a huge sharp move down recently which made the majority think and post about the "Dollar Crash". I saw 1000s of posts on social media including some from institutional analysts. But almost immediately the dollar has...
USDCHF posted a green weekly Heiken Ashi candle. This suggests to me that it may post another next week. A green daily Heiken Ashi candle was posted after a red candle on the daily time frame. This is the second signal I require to make an entry.
FX:USDCHF pinches the local bottom at 0.85797 and makes a false breakdown, which realizes the countertrend potential at the moment of dollar strengthening. The price strengthens to 0.87779 and forms a setup that can continue the price growth The bearish trend is still valid on the chart. The price is trading under the descending resistance. Pay attention to...
Preferred direction: BUY Comment: Our trading idea for the instrument worked out best this week. Growth potential remains and the transaction has already been transferred to breakeven and profit has been partially fixed. The resistance at 144.900 certainly creates an obstacle for the buyer, but most likely the currency pair will keep its presence at the level,...
We are correcting the price and we expect to react to these two ranges to continue selling
Preferred direction: SELL Comment: As we assumed in the previous trading idea for the British, the instrument went down, and the fall was realized according to the second scenario. This scenario was unlikely, but the news background today did its job. Now we are waiting for an approach to 1.26989, then the fall will most likely continue to develop. Thank you...
Preferred direction: BUY Comment: The price continues to accumulate near the resistance level 0.87757, which is the break level. This is a very important level, you can learn more about it in details of this level below. Regarding the targets, in this case, longs can be with the potential at the level of 0.89500, where the previous area for pushing is...
Preferred direction: Neutral Comment: The metal remains under the control of the seller. Now those who are still holding shorts can count on the approach to 1912, after which there will very likely be a pause. It will be possible to count on long only when the price approaches the specified level. Thank you for like and share your views!