Usdchfforecast
USDCHF | Perspective for the new weekThis is a follow up to my last publication (see link below for reference purposes) as price action is confined within our reversal structure (Inverse H & S) and Range (Channel) with the tendency of a rally that might lead to the correction of the overall downtrend perspective.
Tendency: Uptrend (Bullish)
Structure: Reversal pattern | Breakout | Supply & Demand
Observation: i. Since price action is caught within a Supply & Demand channel (Fr0.88200/0.89200), price is back at the Demand zone.
ii. After the successful Breakout of Fr0.88400 at the beginning of the year, the price has been going through a corrective phase with visible rejection from the demand zone.
iii. In the coming week(s), I shall be looking forward to 61.8/78.6 retracements to join the rally.
iv. A significant Breakdown of Fr0.88200 in the coming week shall trigger a conscious approach as only an engulfing Bullish candle from this zone will be the signal to look out for.
Trading plan: BUY confirmation with a minimum potential profit of 200 pips.
Risk/Reward : 1:5
Potential Duration: 5 to 10 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USD/CHF SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CHF: Daytrade- Preparation
Market-Sell: 0,88890
Stop-Loss: 0,89280
Point Of Risk-Reduction: 0,88530
Take-Profit: 0,88150
Stop-Loss: 39 pips
Risk: 0,5% -1%
Risk-Reward: 1,90
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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USD CHF MAY GO LONG ACCORDING TO MY ANALYSIS. {18/1/2021}Disclaimer:- Educational Analysis says Usd Chf may go Long according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Long?
Because the 15 min timeframe market is making a higher high and higher low, it means the start of an uptrend.
For Additional Confirmation on this trade. you may go for 15 min there, the pitchfork tool may help you with this analysis in a more disciplined way.
USDCHF | Perspective for the new weekIn my last publication on this pair, I projected that the Bearish run that began in November 2020 has found a bottom and a reversal is at the corner (see link below for reference purposes), but unfortunately, it didn't go as expected as it took price exactly 30days to complete an Inverse H and S pattern (Reversal Pattern) with clues of how to hop in the rally.
As USDCHF cap below Fr0.89200, a break above this zone in the coming week would complete a “Head and Shoulders” triggering corrective recovery above Fr0.89400 for a rally.
Tendency: Uptrend ( Bullish )
Structure: Reversal pattern (Inverse H & S) | Supply & Demand
Observation: i. Inverse H& S: Bearish Leg that began Nov. 2020 falls to make a Shoulder and then rises to the Neckline(Fr0.89200); price then falls again and below the former Shoulder to make a Head and then rises again; finally, the price falls again but not as far as the second Shoulder.
ii. The Reversal pattern explained above supports a Breakout of the Neckline zone @ FR0.89400 in the coming weeks.
iii. For the cautious, a successful Breakout followed by a Retest of this zone might be a signal to hop into the rally.
iv. Please note that this is a counter-trend opportunity which might lead into a corrective phase of the obvious Downtrend.
Trading plan: BUY confirmation with a minimum potential profit of 180 pips.
Risk/Reward : 1:3
Potential Duration: 4 to 10 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
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 showing bullish biasUSDCHF, after testing a strong support level, the price has bounced, forming a cup and handle bullish pattern. Currently, the price in trading on the beginning of the cup's handle, creating a bullish pin bar on H4 and supported by an ascending trendline in the H1 realm, the pair is opening long entry opportunities.
Waiting for the H4 candle to close to dive in, as shown in the chart. Long entry with an R:R | 1:5.
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USD/CHF- Bearish Elliott Wave PatternHere's the daily chart of the USD/CHF. It started to make a bearish Elliott wave from the 23rd of April 2019. There is a symmetrical triangle in the 3rd wave. 4th, 5th and Corrective waves are remaining. 4th will be at 38.2%, 50% , or 61.8% . The trend is moving upside to make a perfect 4th wave. And for that, it has to hit the following targets 0.8990 - 0.9050 - 0.9200 - 0.9400+
But if it starts to make a downward movement instead of an upward. Then, it can be said the failure of the Elliott wave pattern. And in this scenario, the targets will be following 0.8780 - 0.8600 - 0.8400 .
USD/CHF- Will Complete Head And Shoulders Pattern?Here's the USD/CHF 15m Chart, and we can see here the possibility of the Head and Shoulders. The last shoulder in the making process. The trend has to cross the following levels ( 0.8886 - 0.8896 - 0.8900 )to make the shoulder, and it will go up to around 0.8906 . After that, it will start to fall and touch the neckline ( 0.8871 ), and then after crossing the neckline, there can be a short reversal, but it will fall to the following target 0.8866 - 0.8859 .
But what if it starts to march upwards?
If the trend continues to move upside, that means the failure of the head and shoulders pattern. And the targets for the uptrend will be 0.8910 - 0.8913 - 0.8920 .
Fibonacci Retracement:
Swing high: 0.9174
Swing low: 0.8822
USDCHF| FALLING WEDGE|ANALYSISPRICE ACTION:
• Price action finds first resistance (1), where it reverses direction and goes downwards till
finding first support (2).
• Price action reverse direction from support (2) and goes upwards, till finding the second
resistance (3) which must be lower than the first resistance (1).
• Price action reverse direction from resistance (3) and goes downwards, till finding the
second support (4), which must be lower than the first support (2).
• The pattern is completed when price action reverse direction from (4) and goes upwards till
it breaks the wedge's upper border at point (5).
TRADING THE PATTERN
• Trade entry: after breaking the wedge's upper border at point (5), with an entry after
confirming the breakout.
• Take profit: identified by measuring the vertical distance from the wedge's highest high (1)
to the wedge's lower border, that measurement is then applied from the breakout point
(5).
• Stop loss: the wedge's lowest low (4).
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USDCHF | Perspective for the new weekIt is over 200pips in our direction since my last publication on this pair (see link below for reference purposes) as price respects and completes my Descending channel expectations; The USD/CHF is rose sharply on Friday and climbed to Fr0.89000, thereby hitting it's the highest level since Wednesday. The question now is "Are we at a new Demand zone anticipating a surge?" Well, Let's see as price response to this key zone @ Fr0.88800 in the coming week shall either support or disagree with this bias.
Tendency: Uptrend ( Bullish )
Structure: Reversal pattern | Breakout | Supply & Demand
Observation: i. The Bearish run that began in November 2020 appears to have found the bottom to make a new Demand zone.
ii. The spring of a Bullish engulfing candle on Friday do has a piece of underlying information that needs further confirmation to make a decision on this pair.
iii. In this regard, Patience is key as I shall be looking out for a correction into the Demand zone followed by engulfing candles that will support a rally.
iv. It is also appropriate that we do not ignore the strong breakout of the bearish trendline as the price appears not to respect it anymore.
v. A significant breakdown of Fr0.88600 might consider this setup invalid as we continue to look for candles that support a surge from Demand zone.
Trading plan: BUY confirmation with a minimum potential profit of 140 pips.
Risk/Reward : 1:5
Potential Duration: 2 to 5 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
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
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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.
Follow me on my other channel and don’t miss any updates:
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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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