Trade Idea: Buying USDCHF Reasoning: Found support at a 50% Fibonacci level Entry Level: 0.9315 Take Profit Level: 0.9417 Stop Loss: 0.9277 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
USDCHF is ready to go bull. I am anticipating a Motive Wave on the up-side. Because of how it started, I am expecting an Ending Diagonal in Intermediate (C)(turquoise). GOLD (XAUUSD), EURUSD, USDJPY and DXY are all showing Reversal Patterns. Time to trade Wave Jedi! My Swissie Technicals: * Ending Diagonal in Intermediate (C) (red) * Flat Correction in...
Trade Idea: Selling USDCHF Reasoning: Double top on the weekly chart. Into intraday resistance. Highly speculative ahead of CPI at 1:30Uk. Entry Level: 0.93382 Take Profit Level: 0.9167 Stop Loss: 0.9398 Risk/Reward: 2.82:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a...
Trade Idea: Selling USDCHF Reasoning: Short term double top Entry Level: 0.91972 Take Profit Level: 0.9123 Stop Loss: 0.9230 Risk/Reward: 2.58:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
USDCHF - Intraday - We look to Sell at 0.9329 (stop at 0.9353) Our short term bias remains negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Preferred trade is to sell into rallies. Previous support at 0.9330 now becomes resistance. Our profit targets will be 0.9271 and 0.9261 Resistance: 0.9270 / 0.9300 / 0.9330 ...
USDCHF - Intraday - We look to Sell at 0.9495 (stop at 0.9519) Our short term bias remains negative. Daily signals are bearish. Trend line resistance is located at 0.9500. Bespoke resistance is located at 0.9500. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 0.9435 and 0.9425 Resistance: 0.9460 /...
USDCHF - Intraday - We look to Sell at 0.9478 (stop at 0.9508) The bearish engulfing candle on the daily chart is negative for sentiment. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9480. Our profit targets will be...
Trade Idea: Selling USDCHF Reasoning: Double top on USDCHF Entry Level: 0.9827 Take Profit Level: 0.9535 Stop Loss: 0.9880 Risk/Reward: 5.63:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
USDCHF - Intraday - We look to Sell at 0.9647 (stop at 0.9669) We look for a temporary move higher. 0.9651 has been pivotal. 0.9649 has been pivotal. The trend of lower highs is located at 0.9647. Our profit targets will be 0.9591 and 0.9581 Resistance: 0.9590 / 0.9630 / 0.9650 Support: 0.9550 / 0.9520 / 0.9500 Risk Disclaimer The trade ideas beyond...
Trade Idea: Selling USDCHF Reasoning: Dollar Index stalling, potential double top on the 60min USDCHF chart + A break of the bullish channel Entry Level: 0.9753 Take Profit Level: 0.9624 Stop Loss: 0.9774 Risk/Reward: 6.17:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is...
USDCHF - Intraday - We look to Buy at 0.9781 (stop at 0.9758) Our short term bias remains positive. We are trading at overbought extremes. A lower correction is expected. We look to buy dips. 20 4hour EMA is at 0.9777. Our profit targets will be 0.9837 and 0.9847 Resistance: 0.9850 / 0.9870 / 0.9900 Support: 0.9820 / 0.9800 / 0.9780 Risk Disclaimer...
USDCHF - Intraday - We look to Buy at 0.9701 (stop at 0.9678) Short term bias has turned positive. 20 4hour EMA is at 0.9699. We look for a temporary move lower. We look to buy dips. Our profit targets will be 0.9758 and 0.9768 Resistance: 0.9750 / 0.9770 / 0.9800 Support: 0.9720 / 0.9700 / 0.9680 Risk Disclaimer The trade ideas beyond this page are...
Trading generally is a numbers game any how you look at it. On the scale of 1 to 10 what are you chances of success
Here we're seeing a weak dollar on the USDCHF that coincides with all other major pairs against the DOLLAR. :) Happy Trading folks! Cheers!
USDCHF is at strong weekly support level. This could possibly be a start of a new trend -- or a relief rally, who knows? But a Shaven Head Candle will eventually get filled. Happy Trading folks! Cheers!
I have to watch the setup, but I will write an analysis in the update section later today, or create a new post. We are taking out several weekly highs, banks may be getting ready to dump. CADCHF is another high probability sell right now that is similar
Dollar frank has retraced on the 0.236 retracements and it has been on downtrend nowadays, it could be a good chance to sell the pair with the following trade setup: USDCHF Sell at 0.97321 Stop Loss at 0.97622 Target at 0.96721 Good Luck
USD/CHF tapping into key level support multiple times now @ 0.9850's. If price breaks this support, we can enter for a sell position once price pulls back to the same key level area. TP 1: 0.9803 TP 2: 0.9730