U/SDCHF Fakeout 1st Market break its previous support and then enter into its support that indicate a bullish reversal.
Usdchfbuy
USDCHF - Determining time for USD Bull right now2020 finally prove to be the time for USD Bear,.. I have been forecasting for a trend change to bullish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the downside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one.
USDCHF price is now really at the bottom (low value area) of High TF ascending corrective structure. If USD really will get stronger, I see no better time than now to reverse. We close last week with a clear momentum to the upside. I see no other option to make use of this upcoming bullish trend beside from take the long entry as early as possible as it shows any sign of reversal.
I’m now waiting for just one more trigger for the price to confirm the move to the upside and trigger my long entry. I’m expecting the price to form a small bullish continuation structure (H1 or M15 depending on structure). I will take a long entry as the price break the bearish continuation structure.
Lets see how will this pair develop. Good Luck
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Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
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USDCHF W3 DEC 2020USDCHF
Long Setup
After analysing an extreme low of this pairing We could see a reversal pattern in the lower timeframe of H1: Ending Diagonal. A small SL could be placed as if price decides to break this low again, it could potentially sell further.
USDCHF – Get ready to see USD Comeback....We have seen massive greenback weakness this year but I’m expecting that to end soon. USDCHF is the best USD realated pair right now with the clearest structure in my opinion. This pair has reach the bottom of HTF corrective descending structure, while forming another perfect descending structure in the LTF. The area that the price sits now is really unreal.
I’m expecting to see some momentum to break this descending structure to the upside.. After that we will find a break of small bullish continuation structure to confirm the move to the upside..
Lets see how will this pair develop,.. Good Luck
__________________________________________________________________________________________________________________________________________________________________
Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
Follow me on my other channel and don’t miss any updates:
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USDCHF W2 DEC 2020USDCHF
Long Setup
The recent overwhelming bearish dollar has driven pairs like EURUSD, NZDUSD, AUDUSD, USDCAD and USDCHF to no man's land. We could anticipate at least some turn around/retracement next week if these pairings want to continue its trend.
usdchf buy on breakouthi traders,
await breakout and confirmation to enter
see chart for details
goodluck
USDCHF BUYThis is USDCHF 4H timeframe analysis, i'm seeing that the market is gonna come up for retracement which is buy first then SELL.
USDCHF, daily tf, buy on confluence of supportHello everyone,
I hope you all enjoy your weekend.
I am gonna share my trading plan for next week, if you find it useful please give this post a like and follow me for my next updates.
The first pair i would like to trade for next week is USDCHF pairs. As you can see this pair has moved 200 pips to the downside for the first week of December.
Friday candle showed that bears are now exhausted and we could pretty much see some retracement to the upside.
It is now meeting an area of confluence support at 0.8900 area because there is so many supports stacked in this area which is why i think it is an area of confluence for support.
If you're a fan of Elliott Wave and try to do a wave count, you might find this is also a level which could be a turning point.
Because 0.8900-15 area is the place where 127.2 fibonacci retracement level located.
Wave-5 usually end at this fibonacci level because if it continue to 161.8 level, it could be considered as an impulsive Third Wave.
Buy USDCHF 0.8910
Stop loss 0.8870
Take profit 0.9030 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
USDCHFAlthough there is a strong bearish channel but I see a possible upward move in USDCHF currency pair,
USDCHF Buy Position | Seconds IdeaThere are now two options for trading in two different directions.
This is the second position in this idea.
Seconds Idea
USDCHF 100 Pips Swing trade Will it break 100,200 EMA resistanceUSDCHF
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⏳14 Hour chart
🎲 Swing trade
⛳️Bullish entry
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Detailed analysis 💬
1️⃣ 0.90000 Swiss national bank intervention level
2️⃣ 0.90000 Strong trend reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off CHF
4️⃣ RSI has reached around 39.00 Oversold condition
5️⃣ MACD about to cross the signal line, histogram is slowly fading towards green
6️⃣ Stochastic reached below 25 Oversold condition
7️⃣ Short term Technical support - Bullish
8️⃣ 50,100,200 EMA cluster resistance for bull
9️⃣ Bollinger bands reached lower side of the band
🔟 Possible swing target-0.91400 (23.6% Fibonacci) Point of control area
#️⃣ Overall long-term trend- Bearish
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Bullish entry #usdchf
Entry price -0.90400
Take profit 01 - 0.90900 (50 Pips)
Take profit 02 - 0.91400 (100 Pips)
🚫 Stop lose 0.90050 ( 35 Pips)
⬆️ 1.11% Growth expected
⤴️ Account growth .39 : 1.11
✅ Risk reward ratio 1 : 2.84
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usdchf buyhi traders,
price has done a nice rejection of the white support highlighted
it has also formed a bullish flag structure - await price action to enter
goodluck
Looking to Buy USDCHFHi Trader looking for buying oppotunities when price completed head and shoulder pattern. See from lower time frame buying setups. This idea get invalid if there is no buying setup presented in highlighhted support level .
USDCHF Buy PositionWhen the price reaches the limit of 0.9175, move your Stop Loss to the entry point.
USDCHF Possible election outcomelooking at the patterns forming with the election delay could lead to good swing opportunities for traders.
our first target is the 50 EMA followed by the resistance level.
entry will depend on your risk management ratio
like and follow for more updates on the pair.
feel free to comment with a link to your chart.
Buy now for Usd / ChfBuy now for Usd / Chf.
If you look at the current price, the price has broken the down channel. seen a reversal by breaking the blue line and trendline.
the blue line can become the RBS area (resistance becomes support)
USDCHF LONG Hello everyone, usdchf is looking good for a long opportunity, watch how price will hold this areas and trade on bullish impulse, be safe and good luck.
