Very good time to enter. WAIT FOR THE BREAK, past 6 years market has not closed above 1.0350. Stop loss- 1.0350 First Target- 1.0165 Second Target- 1.0063 Third Target- 0.9943 GOOD LUCK
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
TRIPLE FLAG FORMED AND AS WE CAN SEE IN THE PAST IT ALWAYS WENT UP AND UP AFTER FORMING THIS KIND OF FLAG! SO I AM WAITING TO MAKE THE SAME MOVEMENT AGAIN AND WAITING FOR A TP @ 1.03500
USDCHF has under-performed in the broad USD rally. Interest rate differentials for both 10 and 2y maturities imply USDJPY should trade above parity. CHF remains a risk sensitive currency but the magnitude of the moves are smaller than for the JPY. Expectations for fiscal easing in the US are helping the USD and risk appetite, which is good for this currency...
We have a small broken trend line which has been tested and I think its ready to be sold. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of...
HELLO GUYS! THE WINNING STRIKE CONTINUES AND 2 OF MY FIRST TRADES MADE 285 PIPS TOGETHER THIS IS THE NEW ATM MACHINE FOR US ! USDCHF FORMED A DOUBLE TOP ON 1D CHART AND THE PRICE IS ON RESISTANCE LEVEL RIGHT NOW . I AM EXPECTING A BREAK OUT DOWN DIRECTION AND HITTING THE SUPPORT ZONE ! SELL ORDER 0.98400 AND TAKE PROFIT @0.97400 SHORT AND @ 0.96700 LONG ! GOOD...
USDCHF, like many of the USD pairs has exploded up to 1.382 extensions and so I am looking ahead to my final target of longing the USDCHF up to 0.98600. Trade #1: I will wait for price to retrace back down to 0.97125 before looking to go long for 50 pips. Trade #2: Once price hits 0.97650 I will be looking for reasons to short back down to 0.96860 for 80...
SUMMARY: The USDCHF pair bounced slightly during the course of the day Wednesday, using the 0.9733 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are...
I hope in post itself I explained everything about the breakout trade setup in USDCHF, if any explanation needed , feel free to leave a comment. Happy Trading !
We have an on going wedge for the past year, I had earlier forecast a downfall in this pair which didn't happen. The downfall is still a possibility, if we break the yellow trend line, am expecting a drop to the bottom of the wedge. We can also head to "No man's land" in which we can hit the top of the wedge and come back down again, or break it and head up, if we...
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.
Some correction occurs on USD/CHF. The price has pulled back into the reference area at 0.9744-0.9734. Remains bullish as long as the support at 0.9734 remains intact. As intraday trading strategy, you must get bullish signal confirmation within the reference area in order to go long with potential target at 0.9835-0.9884
We have a broken trendline here and currently the price is stuck in a wedge, expecting a break in the wedge to the downside. Sell only after a clear breakout. SL : 0.99536 TP : 0.97007
- Broken trend line on 4hr time frame and daily - In daily we just crossed over the overbought area in RSI - MACD about to cross in daily and it already crossed in 4hrs - Ratio so good I don't know what to do with myself. - DXY also broke a trend line to the downside, so am expecting dollar to weaken
Looking to short USDCHF soon.
The reason why we feel EURUSD may SINK. * On weekly basis it has just started moving DOWN. * Bullish Engulfing in weekly Chart . * To SINK and come near .9627 levels * Stoch RSI (3,3,14,Close) is Sinking. * RSI (14,CLOSE) is Sinking. * CCI (20,CLOSE) is Sinking. Keeping all the above indicators in view along with the chart pattern we expect it to SINK. Our...