USDCHF: my multi-time frame analysisHi Traders,
This is my multi-timeframe analysis of #USDCHF
#USDCHF
BUY 0.9016
SL 0.892
TP 0.94
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
Usdchfprediction
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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USD CHF MAY GO SHORT ACCORDING TO MY TECHNICALS. {13/6/2021}Disclaimer:- Educational Analysis says USD CHF may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
DAILY SUPPORT AND RESISTANCE LEVEL HAVE BEEN PRESENTED ON THE CHART.
ON H1 TF PAIR IS MAKING LOWER HIGH AND LOWER LOW.
EVENTUALLY MADE DOUBLE TOP
ATR IS 15 PIPS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS BEARISH ENGULFING ON SMALLER TIME FRAMES OF 5M TO 15M.
ENTRY 0.89670
STOP-LOSS 0.90076
TAKE PROFIT 0.87900