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Usdchfidea

USD/CHF 4HR CHART SET UPHi everyone this is my trade set up for the USD/CHF for the new week ahead USD/CHF i think will push higher as has been making higher highs and higher lows i am expecting a pullback to the order block zones and will be looking for a buy trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Long
by Costy13
USDCHF , Downward channel Hello guys In here , we have a downward channel that the price in moving between roof and bottom of them From 2 view of technical : At first from the classical view we are in downward channel and we expect from the roof of the channel when price impact to roof , fall down until reach the bottom of the channel In another view of price action we have a key and until the key is not break up and close candle above them the analysis is valid So we conclude that in the sell zone area because of we have 2 view resistance in here ( we told you why ) we should find a sign for sell , like reverse hammer or descending cover or ... Dont forget use stop loss after to take position and PLEASE DONT OPEN POSITION WITH YOUR EMOTIONAL Do it correct and go to the GOD Good Luck Abtin
Short
by Abtin00
#USDCHF SELLING OPPORTUNITYAs you can see price in 4H time frame not only creating LL and LH but also we can see a Head & Shoulder chart pattern in this time frame. which suggest price could possibly have more downside move. As you can see price has retraced to H&S pattern neck line and also created a false breakout of the neckline in 1H time frame but rejected immediately which showing us both selling pressure. now in case of trading first we need to see price created a 1H bearish engulfing candle, then we need to see that bullish structure in lower time frame such as 30M and 15M shift to bearish. If this conditions appear in the market then any bullish corrective move in lower time frame could be our trigger to sell this pair. Also we can see bearish divergence in 1H time frame which is another confluence to our trading idea. 1st target: 0.92000 2nd target: 0.91500 stop loss could be set around 0.92760 notice: only trade with your strategy and this is just a trading idea which should be inline with your trading strategy incase of trading.
Short
by mohemati
USDCHF MONTHLY RISING WEDGE USDxxx (CHF,CAD,JPY) have always been in a down trend which mainly means DXY is doing the same and if you know when to enter it could be very profitable. Clearly a BEARISH TREND on Monthly, Weekly the market shows a breakout of the YEARLY BEARISH TREND RESISTANCE LINE but never broke above the previous LOWER HIGH to confirm a trend reversal. After the trend breakout we see a 6 YEAR CONSOLIDATION! Just bouncing 800+ pips from support to resistance. As of JULY 2020 the market BROKE OUT the yearly consolidation and is now RETESTING around .9400 Im expecting continuation of trend to the downside watchout for sell setups and just fib TP1 .7200 TP2 .6000
Short
by Juju103