With price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our entry of 0.93712 to our Take Profit at 0.92817 in line with pullback support. Our stop loss will be at the swing high of 0.94318 area in line with the 127.2% Fibonacci extension. Any opinions, news, research, analyses, prices, other information, or...
Price has reached 4h key level Lower timeframe has broken upward structure entry point been marked sell stop
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Current dynamics During the Asian session, the USD/CHF pair has been actively growing, updating local highs since March 29. Now the instrument is testing the level of 0.9340 for a breakout, waiting for new drivers to move. Meanwhile, the US dollar index approached the psychologically important level of 100 points on expectations of higher consumer prices, which...
I'm still waiting to see signals of an executable trade, I still have the same bias for the pair and am waiting for price to possibly test yesterday's low. Should price test the area and provide some the signal I'll be going long. This falls into the cycle I see on a long term perspective (yearly).
Hey traders, in today's trading session we are monitorin USDCHF for a buying opportunity around 0.93400 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
USDCHF (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
all we need to do is wait for confirmation so we can enter our trade
following the current directional trend of USD/CHF. apply your own risk management when placing the trade.
This pair seems to be in bullish trend based on four to five criteria. The strategy has been given based on the 1:1 risk reward ratio.
Weekly : We are in a bullish weekly channel. The last high hit the overall supply zone and the last low hit the demand zone forming a HH and HL channel. The weekly bias is bullish and the last weekly candle has been a huge bullish engulfing. Daily : We are in a bearish daily channel. The last low was a -61.8 reversal zone which indicating a change in structure...
usdchf in the bullish channel after breaking expanding triangle it seems to reach the top resistance line of channel.
Given the clear 3 level drop on the monthly chart and the level 3 consolidation visible on the monthly chart, this pair is rising on a long term perspective. As such, I have noted areas of interest for entries and profit taking. Following the structure, entering quarterly peak lows and holding (quarterly swings) while maximizing on the weekly cycle in relation...
A clear 3 level drop and level 3 chop at the low of a trend on the monthly chart is clearly visible. So on a long term perspective I have marked points at which I see price risinh to give the dollar is on a upward trend long term. That said, I intend to enter my Executable trades in line with this upward trend, maximizing the cycle levels on a long term and short term.
Price is testing a resistance zone which has been tested 3 times, so it is a strong zone to consider looking for sells.
Hello, Friends! Anyone who looks at the chart of USD/CHF today Can tell that bulls will win this battle So we are opening a long position! BUY! ✅LIKE AND COMMENT MY IDEAS✅
Price had an impulsive move up and left an unmitigated 1H OB with imbalance to fill. I would like to see price come down and fill the imbalance, tap into the 1H ob, then go up take out the liquidity on the top side, then tap into the 1H OB on the topside and take out the liquidity on the daily swing low. Just have to see what price does
Time Frame: 4H Symbol: USDCHF Entry: 0.93354 TP: 0.94942 SL: 0.92042 Bias: Long The market sentiment is bullish for dollar. The upcoming news events and the speeches may influence the price action substantially in next few days. We are expecting a bullish opportunity.