By looking at the USDCHF monthly chart. It seems to be touching it's trendline for 3rd time and after huge and 90 degree of bull run. There are high chances of it getting rejected near trendline. If you liked my analysis, leave a comment and give a thumbs up
This is a trade that I foolishly took on USDHF but contains some valuable lessons! The market should continue bearish over the week as we see CHF and JPY pairs getting stronger towards the sessions end.
My analysis for USDCHF
Using MACD with 200 MA. Taking 1:1.50 Ratio. Move SL to TG once TP is hit (increase Tp by .25)
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
XAUUSD 1H FORMACION DE TRIANGULO DE ACOMULACION DE PRECIO. AHORA VEREMOS COMO REACCIONA EL PRECIO ENTRE LOS 1435 -1440 ZONA CRITICA
LONG TERM PERSPECTIVE ON USDCHF I HAVE DONE A FEW POSTS ON THIS PAIR AND BASED ON RECENT SELLER ACTIVITY IT IS STARTING TO SHOW A REACTION FROM MAJOR MULTI-MONTH STRUCTURE/RESISTANCE. BASED UPON PREVIOUS HISTORY AND CONTINUED SELLER INTEREST THIS IS A PERSPECTIVE ON A POTENTIAL SETUP FOR THE PAIR. KEEP AN EYE OUT AND LOOK FOR CONTINUED SELLER INTEREST AND...