Usdchfsetup
USDCHF, where to buy ?USDCHF shows an opportunity for buy. A breakout of the neckline and a bullish candlestick confirmation is expected at this region.
Ideal stop loss is price region below the right hand shoulder.
Target is as shown on the chart
USD/CHF | Breakout RetestUSD/CHF Retest breakout ?
Resistance Levels: 0.92022, 0.92984, 0.94008, 0.94545
Support Levels: 0.91423, 1.89893, 1.88908, 0.86393
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USDCHF September in the SpotlightIt appears the price is producing a horizontal channel on the USDCHF 4H chart. One could say that that is an expected accumulation evolving after an earlier bearish trend.
At the moment I look forward to shorting the pair with TP1 in the mid-area of the channel.
USD/CHF 30.08.2020Open Position: Sell 0.90782 (valid until 04.09.20)
Take Profit: 0.90266
Stop Loss: 0.91111
USDCHF LONGI anticipate that price will bounce off the short upwards trendline on the daily chart.
The US Dollar Currency Index shows a strong inclination to support USDCHF long prediction as it's also moving in quite a similar direction.
Entered trade at 0.93870
A risk-reward ratio of 1:7.89
SL: 0.93540 (-49.1 pip risk)
TP: 0.95326
TP2: 0.96708
TP3: 0.97905
It should be an interesting pair for the next week or so. Swing trade all the way.
USDCHF M30Going to see if price goes up from here for at least 24 pips locked in for the 1st target, 2nd at 40 pips.
USDCHF 200+ PIPSI posted a setup on this pair some days ago predicting a downside move. Well price went according to my analysis. I'm still seeing some bearish momentum, price will likely go lower to the weekly support
USDCHF H4Decent reversal area for a break and continuation up, see what happens at the break of the trend line.
USD/CHF Technical Analysis.Currently, USD/CHF is trading at 0.9622. The pair is consolidating in the resistance and support wedges. If it breaks the resistance level at 0.9730, the pair may start a new up trend and its target price will be at 0.9791. If it breaks the support level at 0.9613, the pair may enter into a down trend and its target price will be at 0.9553.
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Rishikesh Lilawat
USDCHF SHORT!! A five wave triangle seems to be complete, I think the market is now ready for a sell on USDCHF. This setup will only be invalid if price settles above wave (e) 0.97282.
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USDCHF DOWNTREND CONFIRMATION (Updated idea)USDCHF has broken out from the trend line and heading for the 50 to 38.2 retracement zone.
Waiting for a pullback after the retacement to join the trend
USDCHF is Approaching a Level That Should Scare the BullsThe rally from wave c of Y low on 16th Jan 2020 has been unfolding as a double zigzag corrective wave. Corrective structure moves in the opposite direction of the major trend, that's once the wave y of X is completed, the bearish trend should resume.
I'm anticipating the correction to complete at the daily resistance zone that lined up with the moving average.
Watch out for bearish price action signals from that zone to confirm the completion of correction.
What's your thought on USDCHF?
