USDCHF spring off from recent support 0.9786 and looks like to retest 0.9954 in coming days. TP: 0.9954 SL: 0.9786
Reversed at turncoat area, we have a broken trend line, either way for a retest of the trend line or buy with a large SL around the turncoat area.
- Conversion line it's above the base line - Span-A it's above Span-B - Price it's breaking the kumo I'm going long if Chikou (lagging line) crosses above the price. Buy order between 0.98359 and 0.98818 with potential target at 0.99374
Date: Tuesday July 05th, 2016 5.01 PM USD/CHF : CMP@0.97684 Long USD/CHF@ 97550 - 97700: Target: 0.98300/0.99200 Stop loss @0.97240 Time frame: 1-2 days
This is a text-book snapshot of an expanding triangle. The target is the trendline of the larger corrective structure.
USDCHF long 0,9550, TP 0,9610 SL 0,9510 the rise has been completed
USDCHF is giving another great buy setup. DXY is now moving up and that helps this pair to go up. The charting is inspired from webinars of @anilmangal, a great trader everyone should follow.
USD/CHF pair is now drifting lower for seventh consecutive day and is currently trading at day's through near 0.9525.As technical there is a strong support near 0.9500, , could possible hold this with 5th impluse wave run towards 0.9580/0.9590, If failure to hold this will see 0.9450 atleast. BUY USD CHF @0.9522 Target: 0.9582 stop loss: 0.9488 Good luck !
USDCHF - D - INVERTED H&S`s, AB=CD and TARGET
Bullish engulfing occurs and supported by weekly stochastic goldencross which could be a sign of bullish trend this week
Pitchfork bounce if happens will be good entry point to buy.