Hello traders, we currently have a long setup for CHFUSD on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel...
Pattern: Rejection on the 1.088 Resistance. Signal: Bearish as the 1D MA50 has been broken and the MACD made a bearish cross. Target: 1.000 (just above the Symmetrical Support).
Hi traders hope everyone had a good weekend.This is my analysis for gold this upcoming week. Okay last week identified the key area of broken support looking to turn resistance at the 1585.48 level. It’s a area to start and look for a pullback and a potential move to the downside. We are also forming somewhat of a head and shoulders pattern ,so going into this...
A good time to update the daily chart in EURCHF with Euro starting to trade firmer on the crosses and the CHF run beginning to show signs of unwinding. The 1.074x is starting to look very weak and will give way to sweep all the way down towards 1.062x, here looking to increase exposure; should we visit 1.080x I will not hesitate to increase sizings. For those...
CHFJPY long, looking for price to retest that level so ni can look for long opportunities.
A double bottom pattern appears so price can target 0.9770 and perhaps up to 0.9800 My best wishes and good luck www.exness.com
Support at retracement zone, would prefer a retest of 0.965, either way stops should be -20 pips below this price to be safe. Risk-on would be the bet here. It's very risky but the technical should hold. 00:54:10 (UTC) Tue Jan 7, 2020
Trend change is coming to a weak USD versus major currencies. By the end of this year we'll know if the USD will decide to run towards the 200MA (pump & dump) and fall to the 2011 low from there, or if current levels won't hold and fall prematurely.
Compounding sell plays in work:) protecting with S/L and preparing for a new play. The blue line is a weekly price of MA200 and there are a possible revers. ATM still selling up to RSI 40 lvl at least
My play is buy wit T/P tick under MA200 and S/L on blue line
NOTE: These are just my opinions. My messages or chart analysis are NOT intended as a recommendation to buy or sell any FX, cryptocurrency or asset. Do Your Own Research.
Symbol: CHFUSD Timeframe: 1H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals: Breaking the Falling Trendline Short Timeframes: Lime - Breakout Long Timeframes Context: Multiple Blue - Strong Support SETUP: LONG ENTRY @ 1.0112 SL @ 1.0059 T1 @ 1.0174 T2 @ 1.0195 Flexible Target @ The upper ribbons turns Yellow Manual Stop Conditions: The upper...
After formation of bearish cypher the pricline of Swiss Franc has formed a bearish CRAB pattern. RSI is overobught. The MACD is turning bearish. This is a good opportunity to short betwen 1.27 to 1.618 fibonacci. The short position can be taken between: 0.99359 to 0.99720 Regards, Atif Akbar (moon333)
SAXO:CHFUSD AFTER FORMING HEAD AND SHOULDERS BREAKS OUT AT NECKLINE ,IT TRIGGERS POSSIBLE BEARISH TREND
Interesante estructura y rompimiento de tendencia principal para mirar entradas en corto. @yeisonmendez.fx