Main risky:Swiss central bank continued to suppress the Swiss Franc exchange rate
Struggling at 1.0040 pressure level
For Radical investor Buy @1.003 SL-1.00 TP-1.01
Sell below 1.0068. Stop loss at 1.0114. Take profit at 0.9973. Reason for the trading strategy (technically): We continue to remain bearish below 1.0068 resistance (Fibonacci retracement, horizontal overlap resistance, descending resistance) as we look to play the drop towards 0.9973 support (Fibonacci retracement, Fibonacci extension). Stochastic (34,5,3) is...
We see the price fall to 0.9950 and later 0.9850
Buy USDCHF @0.9890-0.9915 SL-0.983 TP1-0.9950 TP2-1.0040
We predict the price will retrace from 0.9930 level. We buy this pair at 0.9930 and book profit at 1.0050.
Bullish Gartley setup on USD/CHF, Daily. If price moves down into area tagged D. look to potentially go long. Stop can be placed at (X) or 10-15 pips below. {TP2 @ .618fib] .
Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!
Rising Wedge Pattern - Price falls
It is better to sell this pair at 1.0100 to 1.0150 level - We see this pair below 0.9950 in this week but after upward movement.
LOOKING AT THE USDCHF D1 CHART, I'M MT BULLISH BIAS AS HIGHER HIGH & HIGHER LOW ON SIGHT. BESIDES, EMA 20 & 50 PLAY ROLE AS MY SUPPORT AS WELL. THUS, MY USDCHF LONG POSITION TRIGGERED ON 1.0030 WITH A STOP AROUND 0.9960 AND TARGETING 1.0230 REGION. HOWEVER, IF USDCHF COULD DROP LOWER THAN 0.9950 REGION WITH A STRONG SHAVED BAR, IT WOULD NEGATE MY MT BULLISH BIAS...
Buy above 1.0033. Stop loss at 1.0000. Take profit at 1.0090. Reason for the trading strategy (technicall y): Price is approaching major support at 1.0033 (Fibonacci retracement, Fibonacci extension, horizontal support) where we expect to see a bounce towards at least 1.0090 resistance (Fibonacci retracement, horizontal pullback resistance). RSI (34) is...
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck
We see the price fall from the resistance at 1.0065 and move down to 0.98 level