Multiple time frames analysis for USDCHF. Price action & important key levels. Bearish outlook & trading recommendations. ❤️Please, support this video with like and comment!❤️
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...
Price could reverse off our sell entry level at 0.87689 which is a multi-swing-high resistance and fall towards our take profit level at 0.86714, a multi-swing-low support level. Our stop loss is at 0.8080, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Price could bounce off our buy entry at 0.8698, which is a strong overlap support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.8651, which is below the multi-swing low support level. Take profit is at 0.8767, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Price could react to our buy entry at 0.9022, which is a pullback support level. Price failed to create a lower low, and is now creating higher lows. Hence, we can look to enter buy positions to ride the short term bullish trend. Our stop loss is at 0.8971, which is below the swing low support level. Take profit is at 0.9068, which is a swing high resistance...
Price could fall to our buy entry at 0.8941, which is a pullback support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.8882, which is below the swing low support level. Take profit is at 0.9001, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Price is testing our buy entry now at 0.9032, which is a pullback support level, aligning with the 38.2% fibo retracement. Our stop loss is at 0.8995, which is below the other pullback support level, and slightly below the 50% fibo retracement. Take profit is at 0.9080, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Price is starting to react to the 23.6% fibo retracement level, which we can find an opportunity to buy back up to the retest of the ascending trendline that has been broken. Our stop loss is at 0.8683, which is placed beyond the 50% fibo retracement level, which is also an overlap support level. Take profit is at 0.8828, which is an overlap resistance level, and...
Price is approaching our sell entry at 0.8821, which aligns with the 61.8% fibo projection, as well as it being a overlap resistance level. Our stop loss is at the 61.8% fibo retracement, and it is also a pullback resistance level. Take profit will be at 0.8712, which is a multi-swing low support level. Please be advised that the information presented on...
Price is approaching our buy entry at 0.8533, which is at the 100% fibo projection level. Our stop loss is at 0.8432, which is at the -61.8% expansion level. Take profit is at 0.8762, which is at an overlap resistance level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
Price is currently at our buy entry at 0.8762, and we can expect a bullish bounce off the 61.8 and 78.6% Fibo projection. Our stop loss is at 0.8657, which is slightly below the 78.6% fibo projection, and our take profit is at 0.8868, which is an overlap resistance. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’,...
We can see that price has broke a key overlap resistance and could potentially rise towards the 0.6124 level which is a 38.2% Fiboancci retracement. A risk level that i'd like to highlight here is the 0.6080 level which is our intermediate resistance. Breaking this level could provide further confidence of price rising towards the 0.6124 level. Any opinions,...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for USDCHF. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
EURUSD and GBPUSD are making short-term bullish bias before the next big drop in this case we are finishing the wave C correction move. USDCHF and USDCAD are opposite to what the XXXUSD pairs are doing meaning we are making short-term bearish moves. But on the USDCAD we are making a wave 4 pullback before the next drop and on USDCHF we are in a leading diagonal...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for USDCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for USDCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!