EURCHF LongHey traders, in the coming week we are monitoring EURCHF for a buying opportunity around 1.036 zone, once we will receive any bullish confirmation the trade will be executed,
Trade safe, Joe.
Swiss
Bullish (75 pip) Adam & EveUSDCHF creates Adam and Eve pattern
DXY (Dollar Index) is bullish while SXY (Swiss Frank Index) is bearish and combination of shows strong momentum to increase USD against CHF
Joe Gun2Head Trade - Still looking for downside on GBPCHFTrade Idea: Selling a retest of the broken range
Reasoning: CFTC data recorded a renewed net advance in short non-commercial Sterling positions
Entry Level: 1.2076
Take Profit Level: 1.1705
Stop Loss: 1.2126
Risk/Reward: 7.5:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Joe Gun2Head Trade - Selling a retest of the broken range (Pt2)Trade Idea: Selling a retest of the broken range
Reasoning: Break down on yesterdays PMI number. Lower prices expected.
Entry Level: 1.2064
Take Profit Level: 1.1708
Stop Loss: 1.2125
Risk/Reward: 5.93:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Joe Gun2Head Trade - Selling a retest of the broken rangeTrade Idea: Selling a retest of the broken range
Reasoning: Break down on yesterdays PMI number. Lower prices expected.
Entry Level: 1.2072
Take Profit Level: 1.1707
Stop Loss: 1.2118
Risk/Reward: 7.89:1
Disclaimer – Signal Centre . Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Joe Gun2Head Trade - Trading the range on GBPCHF (Part 3)Trade Idea: Range play on GBPCHF
Reasoning: Nice looking range setup. Targeting a move to the upper end.
Entry Level: 1.2130
Take Profit Level: 1.2422
Stop Loss: 1.2067
Risk/Reward: 4.69:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Joe Gun2Head Trade - Trading the range on GBPCHF (Part 2)Trade Idea: Range play on GBPCHF
Reasoning: Nice looking range setup. Targeting a move to the upper end.
Entry Level: 1.2147
Take Profit Level: 1.2416
Stop Loss: 1.2076
Risk/Reward: 3.75:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Joe Gun2Head Trade - Trading the range on GBPCHFTrade Idea: Range play on GBPCHF
Reasoning : Nice looking range setup. Targeting a move to the lower end.
Entry Level: 1.2375
Take Profit Level: 1.2112
Stop Loss: 1.2424
Risk/Reward: 5.24:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Swissy got me DizzyUp or Down I don't really know.
Personally I think up.
But technically looks like H&S.
We must wait and see.
USDCHF ShortingUSDCHF is currently retesting the broken support turned resistance.
It is good indication that the market is going to stay short for the next movements.
my next target is the support line drawn on the chart.
What is your analysis on USDCHF?
Bearish Franc?The strength of the dollar may wreck the franc. I think it might correct heavily against both the dollar and the yen. While this was not as per my expectations, it seems like price action has its own plan. What interesting times we live in.
USDCHF Short Scalp Opportunity Hey if you can get a price at the top of this candle look for a short. Could turn into a daily short here. Stay tuned.
CADCHF - Technical and Seasonal Swing Trade Seasonal Screener: Buy signal for $CADCHF
#CADCHF shows a bullish seasonal pattern between 29th Dec – 06th Jan. Historically CAD/CHF was up 13 out of last 15 years (Hitrate: 86%). With an average return of 1.29 % for that period.
USDCHF Short Scalp Opportunity Day TradeHey its a few hours late on this one but if you can get a price around 0.92630-40 area you might get a nice short opportunity here for a day trade.
GBPCHF Long 300 Pips!Hello Traders,
Here we have a GBPCHF long trade idea. If you like this idea please show your support!
GBP
This trade idea is based off the fact that the Pound (GBP) is reaching a weekly low since the end of September 2021. We are expecting some strength as this is approaching a structure level & this will give us a double bottom reversal pattern indicating we are expecting a possible reversal which we do not want to miss!
This GBP weakness can be seen across other GBP pairs, for example GBPUSD below :
In the chart above you can see a very long wick in the candle indicating less seller and more buyers in the market, this is key indication of a potential reversal as we can see a lot of weakness in the trend and price is struggling to push down any further. This may be another pair you want to consider taking a look at as this also has a very similar potential to GBPCHF.
CHF
Swiss Franc (CHF) weakness can be seen as price is hitting resistance in its bull run and we can see much weakness across many CHF pairs, for example my previous USDCHF trade idea I shared last week has made progression, but the price as returned to the entry point due to slight CHF strength however this gives us this opportunity to enter in this other pair.
If you want to improve your trading, do not hesitate to send me a message!
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
CHFJPY: Possible Leading DiagonalWhen applied with measurements, it seems like CHFJPY has One Last Bullet.
CHFJPY: Key Weekly Resistance & Correctional Move 🇨🇭🇯🇵
CHFJPY is trading in a bullish trend.
Higher highs & higher lows are respecting the boundaries of a major rising parallel channel.
This week its resistance was reached.
I will expect a correctional move.
Support levels to watch:
122.7
121.2
❤️Please, support this idea with like and comment!❤️
aussie swiss, kangaroos will be eating emmentalinverted H&S spotted, it broke the neckline. i think that it will retest the neckline and the uptrend structure that at this point are very close. this level coincides with a 61% fib correction of the move too.
target is the projection of the "head", that coincides with the 161%fib extension.
i will place my order at 0.683, the sl right below the 38% fib retracement at 0.674, targeting 0.709, just bellow the 161% extention.
i guess that this is not financial advice bla bla bla, it's just what i'm gonna do.
trade safe and risk mannage like if your life depended on it.
EURCHF - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURCHF is sitting around a daily support zone so we will be looking for buy setups on lower timeframes.
on H4 / H1: EURCHF formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to take over again.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated , EURCHF would be overall bearish can still trade lower inside the green support.
In this case, we will be looking for new buy setups to form as long as price doesn't break the zone downward.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
