Swissfranc
✅EUR_CHF LONG FROM SUPPORT🚀
✅EUR_CHF will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
✅Like and subscribe to never miss a new idea!✅
✅GBP_CHF WAIT FOR BREAKOUT|SHORT🔥
✅GBP_CHF is going down currently
As the pair is about to brake the key structure level
Which will be a resistance, and after the pullback
And retest, I think the price will go further down
But we need to wait for the breakout
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
GBP-CHF Wait For Reversal! Buy!
Hello,Traders!
GBP-CHF is retesting a very strong key level
Yet the Pound is ultra weak across all the pairs basket
Thus I consider this to be a risky setup
And I think one needs to wait
For some green rebound shoots to appear
Before going long on the pair
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
USD/CHF -24/4/2022-• High demand for safe haven dollar pushed the pair significantly up
• Bulls got a successful breakout from the triangle to the upside
• They were also able to push the pair past the double top/resistance level at 0.94750
• Measuring distance between lowest/highest point of the triangle and projecting it from the breakout point, takes the USD/CHF towards parity.
• First resistance is met at 0.99 followed by parity level
CAD-CHF Bullish Bias! Buy!
Hello,Traders!
CAD-CHF broke a key horizontal level and went up
Just as I predicted in my previous analysis
And the broken level turned into a support
Which will soon be retested by the pair
So I think that the price will go up
After the retest of the support
With the target of retesting the local resistance above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
GBPCHF Rejection on the 1D MA200. 1-month downtrend ahead.The GBPCHF pair got rejected yesterday on the 1D MA200 (orange trend-line) and today is on the strongest recent red 1D candle that is about to test the 1D MA50 (blue trend-line) as a Support.
Basically, the Bearish Megaphone pattern I presented more than two months ago is still intact, hitting all targets:
As you see, the price hasn't yet broken above the Lower Highs trend-line of the pattern and the new rejection on the 1D MA200 serves as the latest Lower High. A break below the 1D MA50 and potentially subsequent Lower Highs on the 1D RSI, should serve as confirmation of a test of the 1.21000 Support. That is our short-term target. Based on the previous Lower Low sequence, we can even see an extension towards the 2.0 Fibonacci level. That is currently at 1.1950.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
MarketBreakdown | EURUSD, GBPUSD, USDCHF, GBPCHF
Hey traders,
here is a brief technical outlook of 4 peculiar instruments in my watch list.
1️⃣ EURUSD - Daily time frame 🇺🇸🇯🇵
After setting a new lower low lower close on a daily, EURUSD is retracing.
The price is approaching a strong structure resistance at the moment.
For now, I remain bearish biased and look for a confirmation to short from the underlined structure.
Its bullish breakout, however, may trigger a further bullish continuation.
2️⃣ GBPUSD - Daily time frame 🇬🇧 🇺🇸
The market is trading in a long-term bearish trend.
The price is stuck within a descending triangle formation.
Its support breakout will trigger a trend-following movement
while a bullish breakout of a trend line will lead to a correctional movement.
3️⃣ USDCHF - Daily time frame 🇨🇭🇺🇸
The pair set a new higher high higher close on a daily.
Now the market is approaching a broken resistance.
I believe that soon the pair will keep growing.
4️⃣ GBPCHF - Daily time frame 🇬🇧🇨🇭
The market is trading in a long-term bearish trend.
Recently the market retraced to a strong daily structure resistance.
From that, I am looking for a confirmation to short.
Chances are high to see a trend-following movement from that.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBPCHF: Bearish Outlook 🇬🇧🇨🇭
Hey traders,
GBPCHF reached a key daily structure resistance yesterday.
Taking into consideration that the pair is trading in a long-term bearish trend,
chances are high to see a bearish move from that.
On an hourly time frame, the price formed a double top formation
and broke a support line of a rising wedge pattern.
I expect a bearish continuation now to
1.235
1.2285
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBP-CHF Resistance Ahead! Sell!
Hello,Traders!
GBP-CHF is going up to retest
The daily falling resistance line
While trading in a rising narrowing wedge pattern
So I think that after the retest of the resistance
We will see a bearish breakout from the wedge
And a move down towards the target below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!