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Chfsgdsignals

CHFSGD ANALYSIS AND BUY TRADE IDEAHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ On the Monthly we are currently in an uptrend. Dropping down on the Weekly the market has just printed out a W formation where its currently testing a strong structure of support where the market has retested this in the past and is currently at the wick of the neckline on the W pattern. If we see the market retest on the structure we can expect a continuation to the upside. We can also see the EMAs is nearly cut for long though MACD is still below 0. On the 4H timeframe this is where we take our trade. We will base our entry on the structure retest and our take profit is at the fibo of the impulse of the weekly W pattern, our stop loss is below the last low which is also another structure level in ther market Trade Signal BUY Entry: 1.46672 Take Profit: 1.49248 Stop Loss: 1.46055 Good luck! Trade wisely, please do proper money management. ~FX_SHIFTER
Long
by fx_shifter
Short CHFSGDHi, This is the only forex pair I trade. Before the pandemic this pair was in a short run for a long term! Then the pandemic came and it went up for peaks. Makes sense, people see security in the Swiss dollar. The world is now familiar with the pandemic, business are evolving, countries are recovering etc. The panic of covid is not going to last long and in general prices will go slowly back to normal. Nevertheless, I think this pair will trade between the highlighted zones in the chart in the next months.
Short
by Ahluic
1
{CHFSGD} Short Trade opportunity.In CHFSGD We have Found Double Top pattern with bearish pin bar candlestick pattern. Here we have 248 pips Risk and 824 Reward use only 0.01 Lot. this trade is only for risk Taker. Sale : 1.4143 Target : 1.4098 Target : 1.4048 Target : 1.3686 Target : 1.3316 Stop loss: 1.4388 The Pin Bar Pattern (Reversal or Continuation) A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails. Double Top pattern forms after an asset reach a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
Short
by Make_Money_Guru_Bitcoin
3