FREE ANALYSIS ON USDCHF - Plan to catch the dropFREE ANALYSIS ON USDCHF
Welcome to @SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :)
-
15 Min
Price testing the 38.20% fib retracement level. MACD also showing bearish divergence Stoch RSI is bullish at the moment.
45 Min
Stoch RSI and MACD both showing bearish divergence. Price broke out of the MA200, EMA 150 & WMA100 which signifies a bullish move. Importantly, MACD on this time frame is showing a hidden bullish divergence as per the lemon line.
3 HOUR
Price about to test 38.2% fib level. Price could test the upper values before dropping down.
OVERALL
Short term bullish move before we see this reversal. To trade i would use a trend line and catch the break down.
-
Thanks for reading
See previous analysis
Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Usdchfprediction
USDCHF approaching resistance, look out for potential reversal!
USDCHF is approaching its resistance at 0.98547 where it is could reverse down to its support at 0.97940.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF approaching resistance, look out for potential reversal!
USDCHF is approaching its resistance at 0.98547 where it is could reverse down to its support at 0.97940.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Possible Sell for USDCHF : Pullback Has Been CompletedPossible sell for USDCHF. Price has remained below the 200 and 50 EMA indicating a short bias. This idea is an update to the previous idea I uploaded on this pair, indicating that the price has completed a successful re test to the trend line and should now head down as the dollar weakens. I have set a reasonable stop loss just over the trend line for the rare case of breaking the trend and a take profit of about 175 pips. Risk:Reward ratio is 2.68.
FX:USDCHF
USDCHF approaching support, potential for a bounce!USDCHF is approaching its 1st support at 0.97899 where it could potentially bounce to its resistance at 1st resistance at 0.98644.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF 1 HR LONGHello to all watching my charts
Here is a fine situation to check what channel trading can do for you.
I have marked the long channel here with +/ 2 and timeframe is 50
in a 1 HR chart.
So you can copy that in your tradingview chart and see whats going on next week.
At the moment the long signal is going for so for new positions
long is too late in my view.
But if you copy you will be able to check yourself whats going on
For any help needed send me a bordmail.
Best regards
Renkotrade