sifneosFX

sifneosFX

Chart Patterns: "Double Top", "Adam & Adam" Candlestick Patterns: "Strong Bearish Momentum" Entry price: 1.24000 Stop Loss Price: 1.24762 (76 pips) Take Profit Price 1: 1.22994 (100 pips) Take Profit Price 2: 1.22472 Take Profit Price 3: 1.21635 Estimated Duration: 1-3 Days Probability to Meet 1st. Target: 70%

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Price hit trendline and reversed:

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Unfortunately, USDHF did once again something unexpected. After last swing down 24. and 25.8, everything looked like the trend down is a safe thing. A correction was expected but now the correction engulfed the original swing and broke the trend line valid since 7.5. Now if the day candle closes above the trend line or brake the MA (100) and the next candle...

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The USDCHF is the most manipulated pair in market. SNB doesn't like a strong nor weak CHF, that's why, you will never find a clear trend . Looks like it wants to first hit the trend line / MA (100) and then resume trend down.

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Just keep in mind, USDCHF is doing big and long swings and it is very very slow.

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The overall downtrend still intact. It looks like it it will hit the 23.6% Fibonacci and the trend line before resume downtrend. Very slow asset, you have to be patient. Good luck!

sifneosFX Updated 

If price moves above 50% Fib. 0.98200 open BUY with TP at 38% Fib. At 38% you can open a SELL. If price moves downwards bellow MA (100) and bellow 61.8% Fib. then open SELL with TP at 70.70%, 76.40%, 86.60% and 100% Fib. Good luck! psi

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Fib. 50% tested several times RSI > 50% and rising Just broke trend line MACD Positive Setup Wait until price crosses up MA(100). Set TP at 70%, 100% or higher.

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- No deal BREXIT fears subside - Bearish momentum weakened - RSI Positive setup - MACD Positive setup - Crossing above 1.225 will signal bullish momentum. - Crossing above 1.225 will signal at least a big price correction. - Crossing bellow 1.2, we go then maybe for parity or at least 1.1 - For a trend reversal must cross at least above 1.26.

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Positive divergence on MACD line and RSI indicating a bullish reversal. ATR at lowest level since Sept. 2014 indicating an approaching trend reversal.

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1.RSI positive setup 2. MACD line positive setup 3. Long trend line valid since January 4. If pivot (blue line broken) next stations, 0.73 and 0739

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1. Long trend line (green) valid since 3 th January 2. Short trend line (red) has been broken 3. If pivot (blue) is broken, next stations 85.200, 86.200, 87.000

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1. Hit twice 50% Fibonacci 2. Is trapped between 50% and 60% fibonacci 3. RSI negative setup 4. MACD mixed

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1. Trendline since months not broken 2. Positive RSI setup 3. MACD mixed to positive setup 4. Volatility over 0.6% Good Luck!

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1. Fibonacci seems no wanting to retrace bellow 61% 2. Light trend up (green line) 3. RSI positive setup 4. MACD positive setup Good luck!

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In this scenario the down trend line has been already broken.

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1. Positive RSI setup 2. Positive MACD Setup 3. Trend channel up (a diamond and/or bullish flag is builded) 4. Market Sentiments 95% Buy Should rise at least to the blue line.

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The 2018 trend line (red) is about to be broken.