After the daily price makes a nice bearish pattern we can see in 1H that the price is already extremely bearish and now bounced back making a swing low. I assume this is going to sell trade
Hi fellow traders, USDCHF is ready to make a move lower from the blue box after completing the expanding flat pattern. Target the 0.8948 level and move your stoploss to break even as soon as we reach the ‘Risk free zone’. Good luck and trade safe!
Trade Details Sell Limit Entry: 0.90659 Take Profit 1: 0.89861 Take Profit 2: 0.88889 Take Profit 3: Stop Loss: 0.90844 Key Notes Order flow: Bearish Trend: Bearish Structure: Broken Entry at order block (supply) Disclaimer: This is just a sample template and should not be used as financial advice. Always do your own research before...
DXY is not strong enough to handle CHF. I believe it will after retracement. Better to look sell setup on it.
Wait for a break of price at 0.98000, if price retests it will minimize the SL, if not, you may also take a short entry i.e sell entry for usdchf for around 40-50 green pips. Price has made a double top on 1H timeframe, and another of 15M time frame(both shown in the chart), lower timeframe predicts the change of momentum from long to short. Keep supporting,...
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCHF fell badly after which it attempted to reverse but the reversal was frozen and after creating a double TOP Market fell down . Which Indicates Bears are Still Strong and a Below Would happen.
The USDCHF chart has been on the uptrend for a while now. And it has seen a break of structure, failing to reach new higher highs. I think new lower lows will be formed. This is what I think. Please comment your thoughts on this.
Another dominan break setup found. The market is generally in downtrend. I will be setting a sell limit for this order too. As stated in my other idea, I will close the trade if sell limit is triggered before the market closes today since it is Friday. Cheers and good luck.
Price moves in 3 phases, impulse, correction, impulse, I think we are now in the impulsive phase which started on the 3rd touch and been holding this sell from the top and will continue doing so until the bottom, 90% rule. Looking at the USDOLLAR Index chart, my forecast on that is that we will witness USD weakness for a few weeks to come and that is a major...
Symbol: USDCHF Bias: Short Time Frame: 4H There is no strong prediction for USDCHF to go down but we may expect a move downward considering the weakness of USD against the basket of currencies.
Price was moving inside a parallel channel and today it broke the bottom trend line or resistance line of the channel. We'll be expecting to see a downtrend movement to the determined resistance levels.
Hello Trader, good mood and profitable trades ! After doppeltop retest i expect a bearish movement ! USD/CHF Short 1D chart EW- Fibo-chartpattern Trigger - Waiting for retrace in 0.618 - 0.786 area, and bearish confirmation in LTF Target and R/R follow when i enter the trade 1 Remember that things can change too . If you like this idea , support me with...
Looking to enter shorts on a pullback retesting a major broken ascending TL in confluence to the inner 0.618 fib retracement and previous area of support which is now key resistance. MA50 in respect to the structural breakout could indicate early signs of a momentum shift for next few trading days (despite the aggressive monthly close). My sentiment on intra-day...
Expecting a Short on USDCHF Confirm the setup and give your feedback
Currently, USD/CHF is trading at 0.9146. The pair is trading in a downward resistance and support channel and just touched its resistance level. If the price goes below 0.9132, then it can start a new down trend and its target price will be the strong support level at 0.8988. Follow proper risk management strategy to avoid unnecessary losses and to increase...
Currently, USD/CHF is trading at 0.9095. The pair is consolidating in the resistance and support wedges. The price is moving towards its resistance level at 0.9133 and it can rebound back after touching resistance level. The pair is consolidating from some time but the overall trend is a downtrend. So, it is possible that after it rebounds from the resistance...