Interesante oportunidad. Vamos a ver como se nos da este rompimiento.
Price made a fake break of Mirror level I opened Sell near 1.0000 Goal: 0.9924
Okay so far the counter move of the wedge/triangle fake breakout, is going perfectly. Broke that bear flag and accelerated down. So keeping the speed of the drop as it should be in the big bearish wedge view. Because if we continue like this coming week, and break that green support around 0.99, we could possibly even see it continue to drop (in waves) to 0.96 and...
Looks like USDCHF made a a false breakout 2 weeks ago. Broke up on the upside of that bullish wedge and broke down again. Past half year i assumed this was a big bearish wedge, while knowing there was a chance it might be an ascending triangle. Because of that big rally a month ago, it looked like the triangle won. Now it seems that one failed as well, which...
chfusd is currently at weekly support zone (purple), waiting for price to reject and break out of 4hr box (yellow) to go long.
chf/usd has been in this range for sometime with the occasional breakout to the upside however price decided to go back into that range in the form of a descending channel. Waiting for a retest of the resistance zone to confirm price is still following inside that descending channel.
on the chfusd price seems to have consolidated in this triangle pattern, waiting for price to break out so I know what to do however, price is still technically bearish because its a retracement from previous HH so you gotta watch out for this one and see how it fits your trading style.
So far this long term short trade is going very good, caught a decent first entry and a perfect second entry (yellow circles). Now there are 2 things i will watch: 1) If we move up and break the red zone, i will close half and wait for a re entry. 2) If we drop and break that big green support zone, i will increase 50 to 100% at the yellow circle. So after...
I think finally after almost 3 months of waiting for this one, i think this is the moment has come now. My previous analysis showed a bull flag, which failed completely since the flag never took it's shape. So i was afraid of missing a good entry for a long term short, but after that drop it has rallied up again. Today i already started to short it a bit and now i...
You might remember this post from 3 months ago, where i said this big wedge would probably be a very good guideline to trade inside of it. So far playing out almost perfectly. On the right, blue circle, i posted about it in my public channel, that it was likely to be a false break out and potentially even the high of this wedge. But today's move, seems to be a...
can anyone explain that sharp drop in the swiss franc? $FXE $UUP $DXY
We are breaking under the sell zone in a descending channel.
In my previous analysis, i posted a possible bear flag trade. I have change my mind on this now since the movement of the past days is starting to look like a bullish wedge now. My trade did not even get active, even though it followed the blue line quite well, but i did not like that squeeze up earlier this week. Because the bigger picture suggest a drop is more...
The previous trade overreached it's target by a lot, so i am going to take another trade on this one. It's not a beautiful bear flag, but because of the extra profit i am going to take it on. Good risk reward as well. On the left we can see a possible long term scenario. If this play out, i will try and make trades during those waves, assuming the general...
Currently at important level. Hopefully price will start to move down before hitting SL. TP not fixed yet.
Looks like a good solid bearish wedge here, good Risk Reward here, worth the shot
Breakdown or weakness on retest of a clean break of Daily/H1 Demand, a very good short. Price should at that point not return back above level of Daily Demand. Good Luck from The TRADRZ Team. Original idea by Ribz