Usdchfprediction
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.
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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