Swissfranc
USD-CHF Risky Short! Sell!
Hello,Traders!
USD-CHF has retested a horizontal resistance level
And we are now seeing a bearish reaction
So I think that some further move down
Is coming, as a bearish correction is overdue
But CHF pairs are always unreliable so please
Risk no more than 0.5% of the account
Sell!
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✅CAD_CHF WILL GO HIGHER|LONG🚀
✅CAD_CHF is trading in a local uptrend
And we can see that the pair
Broke a confluence of the horizontal
And falling resistance levels
Which turned into support levels
So after a retest of the demand area below
I think the pair will go higher
To retest the next supply area
LONG🚀
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GBP-CHF Will Go Down! Sell
Hello,Traders!
GBP-CHF is retesing a horizontal resistance level
And as the pair went up without pullbacks recently
It looks overboght to me, so I am expecting
A bearish correction and a local move down
From the resistance to retest a support below
Sell!
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USDCHF longToday the price became bullish, the price most likely pull back a bit before it start bullish.. but its best to keep an eye out for the breaking of resistance 0.925..
The price pulled back from 0.925 previously and then picked up from support 0.911 and 0.911 have been tested several times making a strong support level at the moment..
overall weekly chart is showing the price may likely go bullish but for now our main target is 0.935
good luck
EUR-CHF Breakout Again? Buy!
Hello,Traders!
EUR-CHF is trading in such a manner
That I feel like the boy who cried wolves
Every time I pronounce a bullish breakout
Yet this time it seems like the breakout is for real
Which couppled with the double bottom pattern establsihed below
Allowes us to hope that a local bullish correction will take place
With the first target being the resistance above
Buy!
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USDCHF: Preparing For a Bearish Wave 🇺🇸🇨🇭
Hey traders,
USDCHF is trading in a global bearish trend.
The market is falling since 2016.
The price set a new low at the beginning of 2021.
Then a correctional movement started.
Since August the pair is trading within a horizontal trading range.
I believe that the next bearish rally will initiate after a bearish breakout of a range's support.
Next goals will be 0.894/0.88
Remember that the range can be broken to the upside as well.
In case of such a scenario, the market may retest 0.947 year's high.
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