What do you think about such a trading idea, which is based on Ichimoku indicator with the optimized settings for the 1H timeframe? Let's see how the market will act and which results we will get. The price passed through the cloud and broke the uptrend line. It gives us a trend reversal signal, and as the price is below the cloud, we have the bearish market. It...
USDCHF, Sell on H4. H4: - Tendency: Downward - Break and below resistance and trendline - Below EMA => Sell PLAN: - Sell: 0.9895 - TP: 0.98
USDCHF (4H) - weekly bullish bias The rising trendline from 13 August has clearly provided solid support for the dollar's recovery against the swissie. Now that the pair has attempted to break above the daily resistance of 0.9970, we can expect more buying pressure as the price falls back towards the trendline. However, a RSI divergence is an indication that the...
USDCHF (1H) - short-term bullish bias The pair has sliced through the major resistance level of 0.9945 and we can expect a continuation on the upside, before the price hits the daily resistance of 0.9975. The moving averages and the trend line are likely to offer support when and if the price makes a retreat. The RSI is attempting an excursion into the...
As we look at this chart we see a possible long on this pair from the trend channel that has been in play since August.
Hi guys, today I want to share with you my very quick analysis about OANDA:USDCHF . In the 4H chart we are in a clear downtrend but looks it is showing sign of trend inversion. However we are taking a short trade, so we can say that we are still in favor of the trend. At the moment the price has reached the supply zone of the last maximum and has already shown...
This one is perfect. Short in 48 hours coming up. Remember to like the post and don't forget to comment! Follow me for more TA Thank you for all the support!
Pattern - Head & Shoulders Sl - 0.98.80 Target - 0.9807
USDCHF, Sell on H4. H4: - Structure: Downtrend - Tendency: Strong downward - Below resistance H4 -> Waiting signal=> Sell PLAN: - Sell: 0.978 - Take profit: 0.968
USDCHF reached a support zone, and got rejected. Check out the engulfing candle. We know where the buyers are. Seems like we also made a higher low swing with the right shoulder. Not a textbook head and shoulders, but rarely do we get perfection. Again, all this pattern shows us is a shift from one trend to another. I would await for a close above 0.9780 to get...
USDCHF, Continuous downward on H1: Sell
USD CHF SELL After The Break-OUT.
USDCHF, Sell on H4. - Continuous downward. - Below resistance => Sell