Usdchfbuy
USDCHF-long#USDCHF Analysis in H4 timeframe.
The market will be going for a bullish move reason behind this move are
1) Previously market has formed a bull flag and made a bullish impulse up to falling resistance.
2) After touching the falling resistance market fell and formed a correction.
3) In the correction zone we observe a double botto m so there was a bullish impulse.
4) Same as the previous market has again formed a bull flag and will go for buy up to falling resistance.
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
UDDCHF, 4hr tf, reversal pattern to the upside
Price making a ending diagonal / falling wedge / wolfe wave pattern.
Overall all patterns are reversal pattern to the upside so we might see USDCHF continue north.
Buy USDCHF 0.8980
Stop loss 0.8930
Take profit 0.9100 (2.4R)
Use only 1-2% risk
Good luck
💡Don't miss the great buy opportunity in USDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.89416).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 0.90003
TP2= @ 0.90228
TP3= @ 0.90514
TP4= @ 0.90804
TP5= @ 0.91148
SL= Break below S3
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. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in USDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.89416).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 0.90003
TP2= @ 0.90228
TP3= @ 0.90514
TP4= @ 0.90804
TP5= @ 0.91148
SL= Break below S3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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