USDCHF shows a daily bullish bias after clearing significant structural resistance. Watch for exhaustion as it tests the next major resistance zone. My video demonstrates a potential long setup using a Fibonacci retracement. This analysis is for educational purposes and should not be taken as direct trading advice.
USD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 0.89483 which is a pullback support.
Stop loss is at 0.89076 which is a pullback support that lies underneath the 50.0% Fibonacci retracement level.
Take profit is at 0.90296 which is a level that aligns with the 100.0% Fibonacci projection...
Possible buy on all the strong buy candles off resistance. We are in a short-term uptrend off a long-term downtrend. We have multiple confluences to support a trade to the long side.
USDCHF Crosses the Trendline and creates a new bottom at the 38% Fibonacci line
So now the uptrend has been broken.
We can consider entering an order
#1 Sell: 0.87816 fibo zone 23.6%
Stop loss: 0.88676
Take profit: 0.85769 at fibo 61.8%
#2 Sell: 0.88186
Stop loss: 0.88186
Take profit: 0.85781 at fibo 61.8%
#3 Sell: 0.88349
SL: 0.88688
TP: 0.85775
#4 Close 1/2...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
For Kev911, this is how I see USDCHF / DXY
So much bearish space but the pullback is the most important move for my strategy.
It should us whats going on and how to trade it
USDCHF is falling towards our sell entry level, it could break below the sell entry and drop to the take profit level.
Sell entry will be at 0.87101, the pullback support that aligns with 38.2% Fibonacci retracement.
Our take profit will be at 0.85521, which is an overlap support aligning closely with the 61.8% Fibonacci retracement.
The stop loss will be...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
In this video I go through how to effectively do a top-down analysis, and avoid common mistakes.
This can apply to any type of trading methodology, but here the focus will be on ICT’s liquidity and inefficiency concepts.
This topic is important to traders who are keen on improving their win-rate and catching those higher RR trades. Whilst those things don’t...
Price overall downtrend in higher timeframe but recent it moves up trend. Price broker daily resistance and retraces back to the line. Price currently hoovers around the area and any good price action up candles breaking high forms higher high, am going to participate upside opportunity upon retracements
USD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 0.88070 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.87000 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 0.89532...
In this video I go through the ICT Breakaway Gap and how YOU can use it to your advantage. I include some tips and tricks with a real trade setup demonstration.
The Breakaway Gap may have been an elusive concept to understand, but I present a simple way you can spot them on the chart and frame your trades around them. It is a powerful weapon that can be used to...
usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside.
*USDCHF short
USD/CHF Long
• If price corrects and a subsequent two touch tight fifteen minute flag forms, then I'll filter the latter on the five minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry...
