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Usdchfsell

USDCHF SHORTS ACTIVE 📉📉📉📉 Expecting bearish price action on this pair as we are in a clear bearish market strucutre with bearish bos and lower highs / lower lows. I will take my short entry only if price will reach the premium market are on the fibonacci somewhere around 0.93500 + bearish orderblock on h4 as i think that area should hold for a SHORT. The retail heard is LONG on this pair and this should add more confluence to our trade What do you think ? Comment below..
Short
by AnonimFXRO
🐻USD/CHF SHORTOn the daily chart, USD/CHF has been in a range for some time. This range can be recognized as a bearish continuation, as it has formed after a bearish impulse. When price tested the resisting trendline for the third time, we saw strong rejections indicating selling pressure. Price has now been moving in a corrective manner downwards, this signifies a reversal but in this case it most likely be a retracement. At the 61.8% retracement, the is a strong area of resistance. If price retraces there, it would form a perfect head and shoulders, which is what i expect from this pair. The right shoulder is normally lower that the left one so price may reject the 50% retracement then push downwards. Remember that the market may just take off where it is, in such a case, look for entries at the breakout of the trendline. Targets are set in green. OANDA:USDCHF
Short
by WAR_ON_FOREX
USDCHF looking to fin new lows...As I wrote about it earlier, I still think there is room for this one to fall further down. Since yesterday we have broken a daily trendline and the price is still hovering below 0.9155 minor resistance line. The dollar was weak across the board today, and I'm looking for this one to finally form new lower low levels. Might be a risky trade here, but since it's the end of the year I'm only risking 0,25% on this one. We are already up 8% for the month, so I don't mind "playing" this one again.
Short
by tomsabobiz
USDCHF still looks bearish to me...I'm still looking for this one to form lower low levels and my ultimate target would be the 0.88 level, but for now, I'm still looking for this one to test the trend line on the weekly chart. The dollar is still weak and while hyperinflation is starting to kick in slowly I think we are going to see the dollar index falling a bit more and that can help us to pull down this one as well. My entry point is on the 1hr chart but my long-term technical analysis is based on the daily, weekly, and monthly. And as always RR is minimum 1:2
Short
by tomsabobiz