CHFSGD on the daily chart bounce at the top of the desceding channel at 1.50 area. The price on the daily chart turn into a bearish scenario. IF the price will close the 4h candle below the support structure at 1.49400 we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
We will be looking for price action on this area. Then after confirmation we will enter for sell
Pattern: Channel Up. Signal: Bullish as the price is near the Higher Low trend-line of the Channel with a bullish MACD. Target: 1.5140 (previous Higher High Resistance) and 1.5930 in extension (only if you want additional long-term risk). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Hi, This is the only forex pair I trade. Before the pandemic this pair was in a short run for a long term! Then the pandemic came and it went up for peaks. Makes sense, people see security in the Swiss dollar. The world is now familiar with the pandemic, business are evolving, countries are recovering etc. The panic of covid is not going to last long and in...
Net Buyers Trapped: 6 Cumulative Quantitative Power: 1250 Signal: Sell with the above parameters.
At a support zone, waiting for a better confirmation before entering a long or short.
SAXO:CHFSGD Awaiting more downside to go long from indicated price on chart. This pair is kind of wild so a might shoot down sooner or later and retrace up again to marked ranges. Follow for more similar setups... #AHMEDMESBAH
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3835). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFSGD is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3835). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFSGD is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
CHFSGD Short Intraday Trade Opportunity
SAXO:CHFSGD Follow for more high probability setups.
The pair has been trading within a 1D Channel Down (RSI = 42.510, MACD = -0.005, Highs/Lows = -0.0006) since the August High. On a wider time frame the current price action appears to be replicating the October-November 2019 period when a similar Channel Down made a temporary bottom on the 1D scale, spiked to a Lower High before making the May bottom. With the 1D...