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Usd-chf

USDCHF Potential For Bearish ContinuationOn H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99421, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.00696, which is in line with the previous swing high. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USDCHF Potential for Bearish Momentum | 26th October 2022We have a bearish bias on USDCHF with price currently trading below the ichimoku cloud which indicates a bullish market. Looking for a pullback sell entry at 0.99823 where the 20% Fibonacci line is located, with take profit at 0.98570 where the 38.2% Fibonacci projection line is located. Stop loss will be at 0.99424 where the previous low is located. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
USDCHF for a retest of the recent high 🦐USDCHF on the h chart got rejected by the monthly resistance. The main trend is clearly bullish and the market is now in an accumulation phase at the 0.5 Fibonacci level. How can i approach this scenario? I will wait for a potential break of the minor resistance and if that will happen i will be looking for a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
20
Buying USDCHF trend of higher lows.USDCHF - 11h expiry - We look to Buy at 0.9952 (stop at 0.9919) Daily signals are bullish. The trend of higher lows is located at 0.9950. We look to buy dips. Our profit targets will be 1.0029 and 1.0039 Resistance: 1.0030 / 1.0050 / 1.0070 Support: 0.9980 / 0.9960 / 0.9930 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
USDCHF Potential for Bullish Momentum | 25th October 2022We have a bullish bias on USDCHF with price currently trading above the ichimoku cloud which indicates a bullish market. Looking for a buy stop entry at 1.00316, with take profit at 1.01519 where the 78.6% Fibonacci projection line is located. Stop loss will be at 0.99424 where the previous low is located. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
1
USDCHF rallies to be capped.USDCHF - Intraday - We look to Sell at 1.0049 (stop at 1.0079) Rallies should be capped by yesterday's high. Short term MACD has turned negative. Preferred trade is to sell into rallies. We look for a temporary move higher. A Doji style candle has been posted from the high. Our profit targets will be 0.9974 and 0.9964 Resistance: 1.0000 / 1.0020 / 1.0060 Support: 0.9970 / 0.9950 / 0.9930 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
USDCHF Potential for Bullish MomentumOn H4, with the price moving above ichimoku cloud , we have a bullish bias that the price may rise from the breakout buy entry at 1.0072, which is in line with the swing high to the take profit at 1.0203, where the 100% projection sits. Alternatively, the price may drop to the stop loss at 0.9936 level, which is in line with the 23.6% fibonacci retracement and overlap resistance. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
USDCHF Potential for Bearish Continuation| 21st October 2022We are bullish bias as price on USDCHF on the H4 chart is trading above the ichimoku cloud. we're looking for breakout buy entry at 1.0050 where the swing high sits to take profit at 1.0220 where the 100% projection sits. Alternatively, price can hit our stop loss at 0.9857 levels where the 38.2% retracement sits Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
2
USDCHF Potential for Bullish MomentumOn H4, with the price moving above ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1.0072, which is in line with the swing high to the take profit at 1.0203, where the 100% projection sits. Alternatively, the price may drop to the stop loss at 0.9936 level, which is in line with the 23.6% fibonacci retracement and overlap resistance. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
Selling USDCHF at overbought extremes.USDCHF - Expires in 13h - We look to Sell at 1.0064 (stop at 1.0096) We are trading at overbought extremes. Posted a Treble Top formation. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of the recent low at 1.0020 should result in a further move lower. Our profit targets will be 0.9984 and 0.9964 Resistance: 1.0060 / 1.0080 / 1.0100 Support: 1.0030 / 1.0000 / 0.9970 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDCHF Potential for Bullish Continuation | 20 October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
USDCHF Potential For Bullish RiseOn H4, with the price moving above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.99866, which is in line with the overlap support to the take profit at 1.01072, where the 127.2% fibonacci projection and 161.8% fibonacci extension are. Alternatively, the price may drop to the stop loss at 0.98682, which is in line with the 38.2% fibonacci retracement and overlap resistance. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
UDSCHF Potential for Bearish Continuation | 19 October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
1
USDCHF on a symmetrical triangle 🦐USDCHF on the 4h chart is moving between 2 converging trendlines. The price after the last test of the upper trendline is retracing lower and possibly today after the NFP we can see a break above. How can i approach this scenario? I will wait for a potential break of the dynamic resistance and when that will happen i will look for a nice long order according to the PLancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
12
Fading into USDCHF engulfing.USDCHF - Intraday 9pm uk expiry - We look to Sell a break of 0.9914 (stop at 0.9945) The bearish engulfing candle on the daily chart is negative for sentiment. A break of the recent low at 0.9915 should result in a further move lower. We look for losses to be extended today. Short term bias has turned negative. Our profit targets will be 0.9842 and 0.9832 Resistance: 0.9950 / 0.9970 / 1.0000 Support: 0.9920 / 0.9900 / 0.9870 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDCHF Potential for Bearish MomentumOn H4, price has rejected the key resistance level hence we are bearish bias. Looking for a breakout sell entry 0.9932, where the 23,.6% fibonacci retracement and previous swing high is. Take profit will be placed at 0.9793 where the 50% retracement sits and stop loss is placed at 1.0058 where the swing high sits Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USDCHF Potential for Bearish Continuation| 18th October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
USDCHF Potential for Bearish Continuation| 18th October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
USD/CHF below 1.0001(Short Position)Hello Traders Looks like there is no way for the USD to climb over the 1.002 in USD/CHF. So here is why we are bearish on USD/CHF: 1- RSI and Stochastic are declining (1hr TF) and also showing RD-. 2- Rising wedge pattern has been broken. 3- Possible Double Top formation. 4- Micro momentum is bearish. Targets have been shown in the chart. If you like it then Support us by Like, Following and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Short
by FortunaInvestments
USDCHF Potential for Bullish MomentumOn H4, with the price moving above the ichimoku cloud , we have a bullish bias. Looking for a breakout buy entry 1.00710, which is in line with the previous swing high, 127.2% fibonacci extension and 161.8% fibonacci projection to the take profit at 1.02369, where the previous swing high is. Alternatively, the price may drop to the stop loss at 0.99549, where the 23,.6% fibonacci retracement and previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
USDCHF Potential for Bullish RiseOn H4, with the price moving above the ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 1.00710, which is in line with the previous swing high, 127.2% fibonacci extension and 161.8% fibonacci projection to the take profit at 1.02369, where the previous swing high is. Alternatively, the price may drop to the stop loss at 0.99549, where the 23,.6% fibonacci retracement is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
USDCHF Potential for Bearish Continuation | 17th Oct 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
3