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Usdchfsell

USDCHF Fallen star candlewick at 4H TF Hi guys, I've been following this trade carefully for awhile since it has gone thru the previous high. After the NFP news, the chart has started a reversal and if you look at the 4H TF, you can see there is a fallen star candle wick. Hence, i believe that USDCHF will have minor dip to just above the 0.618 level. That said, I think this trade is still on an upward trend, so i will be watching closely once it has hit the 0.618 level for the next trend. T/P at 0.9420 S/L at 0.9555 R:R 1.3 Please don't trade more than 2% of your capital Hope you gain some profit out of this idea Cheers!
Short
by jtanum
2
USDCHF: Safe heaven vs Russian Linked Investigation & NFPFundamental: CHF have not much happening rather than just easing monetary policy, mixed economic data. Best of all it is not much related to North Korea USD have many Fundamental factors such as rate hike in Mid Dec 2017 (might already priced-in), President Trump linked to Russian investigation and huge event this week is NFP. Technical: Pair has been on the downward channel after the upward channel was broken mid-Nov 2017. Clear download channel is in progress with strong bear markets. Note: USE PO SELL at entry Strongly advised to close the trade before NFP this Friday
Short
by laikos
USDCHF profit target reached perfectly, prepare to sellSell below 0.9592. Stop loss at 0.9623. Take profit at 0.9540. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We now prepare to sell below 0.9592 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 0.9540 support (Fibonacci extension, Elliott wave theory). Stochastic (34,5,3) is seeing major resistance below 97% where we expect a drop from. Traders Dynamic Index has crossed below our signal line (red) while it’s near our upper band signalling that a bearish move is expected.
Short
by MEX_Exchange