Usdchfforecast
USDCHF H4 Key AreaThe price is sitting within a very important area containing the monthly support / resistance and also a powerful demand / supply zone. At the moment it is pushing to break the monthly pivot along with the 78.60% fib level, I will not be entering until there is a clear break of this blue zone and a show of power to the upside. Possibly then heading back to the 0.98331 resistance price.
USDCHF 4H *Long Opportunity*Potential double top or a reversal back to the trendline, if it breaks 38.2 fib level could show stronger signs of this reversal to the upside happening. Indicators are good for a nice upside climb.
USDCHF Buy Opportunity USDCHF Counting on trend continuation. Opened a buy trade with this pair. Target 0.994 Levels SL: 0.988 levels
USDCHF Bullish BreakoutHere you have the Swiss Franc setting up for another push higher. After breaking the long term down trend line it appears as if it is ready to break above the short term down trend line. The safe trade is to enter the long position once the short term down trend line is broken with a stop below the low established at the 50% fib level that coincides with the backside of the long term trend line.
USDCHF H4 *Short Opportunity*We've got this pair currently rejecting 23.60 Fib level but I believe it will push through this. USDJPY is moving in the same direction and these pairs like to move together, I will be shorting this down to 0.98364 support area. Could see a retrace back to the same fib level but have some US news coming up later where the outlook looks negative, so may not want to retrace and straight fall.
USDCHF D TECHNICAL ANALYSISThe chart is self explanatory ..
Sell for 100 & 200 PIPS ...
Let's Watch !!
UsdChf - Sell OpportunityThe overall trend is bullish, but price may have to pullback respecting the Bearish BAT before the bullish trend is continued. TP should be at the 38.2 retracement.
Happy Trading (*-*)
USDCHF - SELL SetupPrice is trading within this triangle. A Bullish Butterfly is spotted. Trade at rejection. LIKE and FOLLOW me to get instant notification each time i post a trading idea. You can also connect to me on Whatsapp. Check my profile. THANKS
Usdchf view on daily charts We have simply two view on usdchf ,,
Fist it make double bottom and now on neckline and if break neckline then going to up 1.0050 level
2nd its very important resistance level if hold this resistance level this going down to 0.9450 level
Note |: Due to dollar strong we favor its going long ,, its my personal view ,,
Good luck and trade with care
Asad Ullah
USDCHF Short High ProbabilityUSDCHF Short Trend The market moves in waves (Popular Anil saying)...Waiting for a downtrend continuation following that up move. TP 0.93 (mAmA)
USDCHF 4H TECHNICAL ANALYSIS3 Drives Pattern.
ADX shows positive momentum.
We see 0.98000 very soon ..
Let's Watch !!
#TradeWithTraidadd
short USDCHF on triangle breakThe way dollar has been behaving it looks like its going down big time.
Looking to sell USDCHF on the break of .96 with a stop on top of the triangle and targeting a move below previous lows in .9580 zone
USDCHF Bullish outlookBuying once we break the yellow trendline and close above the green minor resistance in 4 hour time frame.
USDCHF testing major resistance, remain bearishSell below 0.9734. Stop loss at 0.9756. Take profit at 0.9675.
Reason for the trading strategy (technically):
Price is now testing major resistance at 0.9734 (Fibonacci retracement, horizontal overlap resistance) and we expect a strong reaction from this level to drive price down to at least 0.9675 support (Fibonacci retracement, horizontal swing low support, Fibonacci extension).
RSI (34) has broken below our long term ascending support-turned-resistance line signalling that a change in momentum is about to be seen in price. It is also now on pullback resistance.
USDCHF right on selling area, remain bearishSell below 0.9762. Stop loss at 0.9811. Take profit at 0.9641.
Reason for the trading strategy (technically):
Price is once again right on our selling area. We remain bearish below major resistance at 0.9762 (Fibonacci retracement, Fibonacci extension, bearish divergence) for a drop from this level to at least 0.9641 support (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing strong resistance below our 98% level where multiple reactions had occurred in the past. We also see bearish divergence vs price signalling that a drop is impending.
Correlation analysis: We’re seeing a drop on USDCHF and similarly a bounce on EURUSD which goes in line with its negative correlation with each other.
Dollar's comebackAs what you all have already known, I am a big fan of the Fakey setup as this is a strong signal which follows a strong movement day after.
From yesterday's session. the USDCHF Forex pair has formed a fakey bar by easily erasing the losses made during yesterday's Asian session. For those who do not know, Asian sessions are mostly 'fake' movements. I need not broaden my reasoning for entering this trade as saying it formed a fakey bar is enough.
USDCHF Ready For Lift Off USDCHF on the daily time frame is forming a beautifull buy setup. As we speak the 4 hour time frame shows a similar setup.
The trading range is narrowing and today the price already spiked above it. Stoch Rsi shows a nice bullish cross-over and at ADX we can see a sharp bend down of the red line and a sharp bend up of the green line which is usual a reversal sign, a bullish one in this case!
Entry: cmp
TP: 0.9770 > 0.9855
SL: 0.9580
USDCHF testing major resistance, time to start sellingSell below 0.9732. Stop loss at 0.9811. Take profit at 0.9614.
Reason for the trading strategy (technically):
Price is now testing major resistance at 0.9732 (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance, bearish divergence) and we expect a strong reaction off this level for a further drop to at least 0.9614 support (Fibonacci extension, horizontal swing low support).
RSI (34,5,3) is seeing bearish divergence vs price signalling that a strong reversal is impending.
USDCHF BOUNCE OFF OF SYMMETRYWatching the swiss franc for a bounce off a symmetrical low that was put in last week. My trigger is an entry after the break of the previous week's high and a stop beneath the low. The expectation is to run up to another fib level in a 61.8% level from a recent down move.
USDCHF - Longing based on Mongerskit Trading system - 4hrsWe had a buy signal generated by our system today, We know the new trend of this pair is long now.
We are going to wait for a pull back to one of the 3 minor resistance levels, after a clear bullish candle that confirms the end of the pullback, we shall long it.
to use our system, you can request free access here by just commenting :
goodluck.
