After 1 1/2 Years I thought I should look for candlestick pattern (I hated them), but they doesnt some that bad. They can be very powerful in the dailychart, you just have to wait for the perfect entry, which isnt always given, but the profitability is very high. GG Ez MatrixV
trading if daily candle above close fib 23% and if not its failed
The Swissie index recently performed well against other Baskets but created a good sign of relaxation as it reached a previous resistance, while on the other side the Dollar is still in its Bullish momentum.
USD FUNDAMENTAL OUTLOOK: BULLISH BASELINE Hawkish Fed policy remains a key driver for Dollar strength. With headline inflation >8%, the Fed has been pressured to tighten policy aggressively, hiking rates by 75bsp at their June meeting, and continuing with Quantitative Tightening. However, as a result of increasing fears of a growth slowdown (as evidenced...
Bullish set up..........................................................................
Let us see how far market will go. Thank you. Please, like, share and comment.
Hi everyone this is how i see USDCHF this week ,, We had a change of character and a pull back ,, From classic perspective the price was in a descending channel, and broke it to the upside,, Everything is explained on the chart , along with a simple forecast,, if you the idea give a thumbes up ,, and follow for more ,, TRADE SAFELY .
✅USD_CHF broke the falling resistance So after the pullback and retest A move up is to be expected To retest the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
as round pattern complete and hit support area pls like for support thank you
usdchf short term-- ---Profit Done------------- supply and demand elliotwave wychoff orderblock all are involve. If you are using $1000 .just use $1 for per trade.Use your target 100 pip or more if you are using $2000.Just use $2 for per trade.use you target 100 pip or more if you are using $5000 .Just use $5 for per trade.
Time Frame: 4H Symbol: USDCHF Entry: 0.96303 TP: 0.93797 SL: 0.98104 Bias: Short For this instrument our bias is bearish. We can expect a short opportunity from the current price level.
the USDCHF price is in daily support level & BULLISH INVERTED HEAD AND SHOULDERS pattern . the NECKLINE IS BROKEN. the descending channel is broken. i predict a bullish move 📈 TARGET: 1.00000 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Based on technical factors there is a long position in : 📊 USDCHF 🔵 Long Now 0.9635 🧯 Stop loss 0.9525 🏹 Target 1 0.9730 🏹 Target 2 0.9999 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
USDCHF has recently broken through a downward channel. I expect price to retrace and bounce off of the channel towards last month's highs. However, looking at the last two months candles, price may fall to the downside. Remember, trade wisely and use proper risk management.
Bullish market Bullish trend Bullish signal Bullish pattern
4h logarithmic time-frame: after a heavy fall, price starts to create a corrective compression moving pattern inside a downtrend channel. we can detect bunch of RD+ divergence(bullish divergence) in many indicators such as MACD and RSI. due to DXY and Gold prices we wait for breaking up the channel.
Hey traders, USDCHF is still coiling around key daily structure support. To buy with a confirmation, watch a parallel channel on 4H. Its bullish breakout will be your trigger to buy. Target will be 0.965 If the price breaks a yellow zone to the downside, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please,...
As you can see, USDCHF break out of the channel and retested 2nd time, also completing Double bottom pattern. Buy. SL at 0.948. Target at 1.004