The price would be possible have a retraction, since a divergency show up long time between the price movement and the RSI in 16 hours time frame. The Slow Stock is in over bought level, the price is near the up trend channel top line area and previous top as pressure line. The price is in fifth wave top area. Try to short the retraction.
TP: 0.88932 SL: 0.91649 In this trading strategy, we present a compelling opportunity for a long position on the USDCHF currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
Price has just bounced off the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.91511 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.90981 Why we like it: There is a pullback support level Take...
Range 1 buys after 1 hour closure above. Range 3 sells after 1 hour closure below. This will help you avoid fake outs
Hello,Traders! USD-CHF keeps growing In a strong uptrend but The pair looks locally Overbought so as it Is approaching a strong Horizontal resistance Level of 0.9244 a Local bearish correction Is to be expected After the retest Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Monthly chart for this pair is still bearish, as we are also reaching a major resistance level, which also lines up with the 200 moving average on the weekly chart. Target would be for price to fall back down around .88550 to .88000.
Despite positive news for CHF, we view the pair as bullish as long as it remains above 0.90892. The daily chart reveals a clear short-term bullish channel. On the 4-hour chart, a strong zone is apparent. Exercise caution: Do not enter long positions until the LR + 2 * stdev line is broken. Avoid short positions until the level of 0.90892 is breached.
Hello,Traders! USD-CHF is trading in an Uptrend along the rising Support and the pair is About to retest it so After that we will be Expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USDCHF broke the consolidation level.. Looking for Long setup
USDCHF is trading in a long-term bullish trend on a daily. The price is currently testing a key horizontal resistance. I am waiting for its breakout - a daily candle close above, to buy. Bullish violation of the underlined blue are will give us a strong bullish confirmation that will push the prices at least to 0.92 level. ❤️Please, support my work with...
**USDCHF:** The forecast is for the price to come down to the lost pivot in the zone between 0.89528 and 0.89229.
USDCHF sell idea based on daily, 4h and 1h timeframe USCHF fail to hit the previous daily resistance at 0.9246 and make a strong rejection at 0.9224 Followed by bearish engulfing in 4h candle The sideways breaks to the higher price looks like a turtle soup scenario (sell inducement) The gap between opening time has been fulfilled consecutively by the...
FX:USDCHF looks stronger than the dollar. The Swiss franc is weakening strongly due to fundametal reasons. The bullish trend may continue with a break of 0.9142 On D1 earlier we saw a trend change, after which the market went into a consolidation phase and reached 0.9147. The market resistance continues to hold the price, but against the background of...
USD/CHF may continue to track the positive slope in the 50-Day SMA (0.8942) as it bounces back ahead of the monthly low (0.8998). USD/CHF Rate Outlook USD/CHF extends the advance from earlier this week to register a fresh monthly high (0.9153), with a break/close above 0.9180 (23.6% Fibonacci extension) bringing the October 2023 high (0.9245) on the radar. A...
Hello Traders! Hope you are allllll keeping well :) A USDCHF idea for you. CHF is being sold heavily by retail traders. I have been watching this pair for 2-3 weeks and it is finally approaching my POI. My sell zone is a daily supply zone. I have marked a better RR trade, however, i will be taking the trade from 0.917 price. Completely down to you how you...
Someone seems to have gotten into my account and posted stuff for me? The previous trade IDEAS are NOT mine. I am still on a buy, I am so sorry for the inconvenience.
My dear friends, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.9126 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.9161 About Used Indicators: Pivot points are a...
Daily: - Hedge position - Solid candle close - FIB completion -68 - Strong S&D zone (Weekly BOC) *Impulse and correction is very clear! Weekly: - Bigger MS is with us - S&D zone in our favor *Retail traders can be trapped in FO zone of the bigger Bearish W 4H: - Decel *Flat wall to the downside