Usdchfsell
USDCHF Rising Wdges Structure - Opportunity for ShortUSDCHF Rising Wdges Structure - Opportunity for Short
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As look in the chart, I bias for Sell in this pattern,
Please use small lots and stop lost.
Come join my telegram and get free signal.
--> t.me/kelasforex
Thank you.
USDCHF - PULLBACK - 23. APR. 2019WELCOME TO DACAPITAL-TRADING!
USDCHF FOREX BREAKDOWN 23 APRIL 2019
1 HOUR
Explosive bullish price action over a few weeks reaching its final peak and spike high!
4 HOUR
Expecting market to drop now its way overbought and too many long positions loaded in.
DAILY
Sellers been taken out and market searching for resistance to turn!
PULLBACK SETUP
SELL USDCHF
ENTRY @ 1.01790
SL @ 1.02580
TP @ 1.00880
(Use normal Risk!)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
U.S. Dollar / Swiss Franc USDCHF to SELLMarket about to change trend and start selling.
RSI signalling overbought at 74 reading.
Get on sell and ride it out.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
USDCHF SellAs market fast approaches this resistance level,if market decides to take a tumble down again, then we will find support at the 2 TP levels identified on the chart, which isn't necessary where the market will end but where i will TP for now.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
USDCHF Sell - Ending 3 Consecutive Days of RetracementUSDCHF has stubbornly climbed for the past 3 consecutive days.
Yesterday has however shown that price has met with strong resistance within the supply zone.
It is important to note that the price is considered to be very high as it is getting very close to a 27-month supply zone.
It is also obvious that the buying strength is not particularly strong as compared to the previous downtrend.
Therefore, today which is also the last trading day of the week, there's a high possibility that institutional traders will begin the process of distribution.
In conclusion, whether is it the technical patterns or the consideration of supply and demand, the price is most likely to proceed into a bearish trend.
USDCHF Sell - Supply Zone at 618 LevelUSDCHF diverges from the dollar during the euro session and continues to climb within a rising wedge when the dollar starts to fall again.
If we compare both dollar and USDCHF in the D1 chart, we will see that both are trading within an ascending triangle and that sellers are more in control then the buyers.
The dollar has already started to fall while USDCHF is seen completing its retracement and will soon reach a key supply zone at 618 level.
Wait for the price to pierce through the top of the rising wedge and look for strong signs of sellers.
Too SimpleDuring the last week of trading price has been declining in conjunction with RSI dropping below 55. Wait for the crossover and give it a go. Too simple.
USDCHF sell reversal patternAs i published idea to buy EURUSD and USDCHF and EURUSD have big negative correlation - so I sell USDCHF and recommend to to this to all my clients.
Why?
USDCHF has sell level at 1.0042 and price is placed at the high of very big daily range started from October 2010.
So i try catch profit to sell USDCHF at 1.0035 SL - 1.0072 and TP - 0.9900
Risk Reward Ratio - near 3.39
So its good deal :)
USDCHF sellUSDCHF has approached daily resistance level that has not been broken for a while now. Goal is to short with a stop loss above the resistance zone and TP at the next previous support level
USDCHF ShortThis pair is about to reach its current resistance 1.012. Getting ready for possible reversal in case USD index reverses down too and doesn't rise all the way to 100. Shorting this pair @1.005 or near it (depending on how price action plays out later) after Powell's speech later (so far I'm bearish in USD overall). Initial TP is @0.9985-1.00 and SL @1.001.
www.bnnbloomberg.ca
Daily:
Weekly:
Confidence: B (will wait for how Powell's speech will go later. Also need to close this trade too before other USD econ news later this week)
Entry for SellWe have here two scenarios
FIRST: the price is being rejected in a relevant resistance which does not manage to break or overcome significantly since November 7, so I am looking for a rejection candle to go on sale until level 50 of the fibo that I trace, getting about 40 pips approximately.
SECOND: my second scenario is the formation of a double ceiling, to wait for the price to reach the neck 0.99086 break with selling force and the price will look for the range of 0.98219.
as an extra we have the RSI reaching the overbought area
Waiting for short opportunity on USDCHFPair: USDCHF
Daily Bat Pattern
Prediction: Price go up -> Consolidate in the Green Zone/ Sell Zone -> First TP at 38.2% -> Second TP at 61.8%
USDCHF - WEEKLY SWING - 30. JAN. 2018WELCOME TO DACAPITAL-TRADING!
USDCHF FOREX BREAKDOWN 30 JANUARY 2018
1 HOUR
Strong bullish movement into our resistance area!
4 HOUR
Bullish explosion after 0.99!
DAILY
Sideways consodilating Market expecting to break down now!
LEVELS
SELL USDCHF
ENTRY @ 0.99670
SL @ 0.99940 (25 Pips)
TP @ 0.99320 (35 Pips)
RR: 1.30, use normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
USD/CHF SELL LIMIT (4:1)two very strong resistance zones on the daily chart, as you can see the market has been rejected over 10 times at these levels since 2013. This is a very high probability trade, with an amazing Reward/Risk of 4:1
USDCHF more blood !USDCHF is on a downtrend and have just break a support becomes now a resistence, we can see a pullback or definitely a more fall directly to the next support.
USDCHF Sell Trade IdeaUSDCHF Sell Trade Idea: Looking To Open A Sell Trade On This Pair. Smart Move Is Waiting For A Pullback Then Go In Hard & Have An SL Of 0.991 or 0.993. Looking For A Strong Move Down In The Coming Days.
USD/CHF is bearish on weekly chart!!!I see some bearish divergence on weekly chart for USD/CHF.
Profit Targets:
0,99150
0,97800
Stop loss:
1.01350
Have a nice weekend,
Berk
USD/CHF Bearish Set-up - December TrendsUSD/CHF labeled in an Intermediate degree (B) (blue), within a Double Three pattern in its Minor WXY (purple) sub-waves.
MInor W & X (purple) finalized and within Minor Y (purple), its Minute A & B (red) sub-waves have also completed.
Expecting Minute C (red) to commence a bearish sell-off, with a sustained down-trend, in an aggressive and impulsive manner.
10-Test USD CHF I will maintain the short for USD CHF
Dividing my trade in 3 positions
Open 1 position at :- .98996
Open 2nd position at :- .98990 (if rebound)
Open 3nd position at :- .99287( if rebound continue)
Exit at .98510 or put trailing stop and exit .98332
I guess it should do some Up and down and should fall further beyond .98332 more as per the arrows .
Arrows is just an assumption.
