USDCHF Continuation of the down Trend USDCHF on the weekly time fame formed a bearish pin bar and at the same time an outside bar candlestick combination amidst a down trend. as well as the bearish pin bar testing the 200 period moving average it also acting like a resistance. on top of that its at a level of the previous lower low hence a level of value. not forgetting that the pair is in a range on the monthly time frame finding its way down to the support level of the range.
Usdchfprediction
SELL USD/CHF @ MARKET .9758USDCHF has made steady progress north for the last 24 hours but has now hit the top of the existing channel. With RSI readings becoming stretched, the signs are that this channel may hold the price and we'll see a move south. USD/JPY has sold off steadily for the last 2 hours and possibly USD/CHF will try and catch up. I'm in at .9759 with a STOP above the channel at .9780 and a TAKE PROFIT at .9700. As ever I'll lock in a break even trade if we drop 25 pips.
SELL USDCHF at WR1 and historical resistance MARKET price .9725.Yesterday I shorted this pair at the * sign where WR1 resistance and historical resistance was reached.
I can see no good reason why SELLERS wouldn't enter the market at this level again so I'm in SHORT at .9725 with a STOP at .9735 for a 10 pip risk and a TARGET at .9670 which would be a 55 pip trade.
If the trade gets + 25 I'll move the STOP to B/E.
Usdchf predictionWe can see a channel which is being followed in my previous analysis I do tell to create a long position do hold it and we can create additional long position(keep in mind the position should have less lots).
Do always use trailing profit
If you like my analysis do like and comment below whether you agree or disagree from my analysis and do follow me. As I regularly post the prediction on all major forex currency pairs,gold,bitcoin,and stocks like Tesla
Note this is not a trading advice and I am wrong 100%
UsdChf Prediction We can see a fib channel currently we are testing the support however we can go long moreover if the channel is broken downward we and opt for selling opportunities we will follow a less risk and greater reward in this situation tp and so are shown
If you do like this idea do like and comment below whether you agree or disagree and do follow me
Note this is not a trading advice and I am wrong 100%
I LOVE TREND LINES - SELL USD/CHFOn the H1 chart we can see a really nice trend line that dates back from the 1st of April. This line has been significant for the last 17 days so the question is - will this line hold and repulse the BEARS. My guess is no.
Not with WR1 so close. WR1 will be targeted by the BEARS and my guess is that they will wait there to lay their ambush. Its only 30 pips from the trend line to WR1 and a move by the BEARS if they come in too soon will falter.
I expect price to be met with resistance at the trend line and we could see a few hours of sideways movement before the BULLS make for WR1. Thats where the main SELLERS will be. I'll watch the battle on the smaller time frames and either enter the market if it looks like the BULLS are retreating or come in at WR1 if my indicators give me the green light.
USDCHF ON THE UPPER PART OF THE BUBBLESigns of Bullish USDCHF (BUY)
-Prices have traverse to the upper part of the channel
-Wicks from above
-Breakout from the 1 hour triangle
-RSI at 4H maintained at 50 to 65
-Breaking the bubble
Please do hit LIKE if you agree or COMMENT for your reactions. Thank you.
USD Weakening strongly -SELL the USD/CHF at Market (.9638)SELL USD/CHF
Dollar index remain under 100 and the USD is weak across the board. I already have a SHORT USD/CHF trade but I'm adding to it as my in house indicator is flagging a STRONG SELL.
This pair looks to be returning to .95 support.
WS1 is the first target - expect a bounce there and then further USD weakness.
SELL USD/CHF at MARKET .9648My specialist indicator is flagging this pair as a SHORT trade.
With the Dollar Index under 100 and falling , USD SHORTS are worth exploring. On the daily chart the BEARS look to be well in control of this pair and with WS1 pivot below current price and under WPP Mid-Pivot, a run towards WS1 and the bottom of the shown channel is favourite.
I'm in at .9448 (green trend line) with a 83 pip STOP at .9731 and a TARGET of .9500 - which would be +148.
As usual, I'll be moving the STOP to BREAK EVEN or better as the trade progresses.
Might take a few days to hit target but its a set and forget trade that I expect to score with.
USDCHF SELL SELL SELL, DON'T ASK WHYHI, TRADERS
MY NAME IS KD
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT.
THERE IS NO OBLIGATION TO CLOSE AT TARGET TP.
RISK MANAGEMENT IS VERY IMPORTANT :)
HAPPY TRADING~
_________________________________________________
WANT TO LEARN MORE OR RECEIVE ACCURATE AND IMMEDIATE SIGNAL?
Telegram: KDEZ00