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Swissfranc

USDCHF WEEKLY: TARGET 0.9650 DONE, PSYCHOLOGICAL LEVEL 1.0000 ?USDCHF confirmed its medium term bullish by breaking its MA 200 Weekly & its Median Channel (from November 2020 to September 2021). As expected USDCHF Broke and held above 0.9547 and hit the target (0.9639 & 0.9650). Now, USDCHF is heading to Strong (Adjusted from Strongest) resistance at 0.9901, running above its Upper Channel. Break and hold above 0.9901, open the way to key psychological level 1.0000 and 1.0026 (Triple Top and also its Strongest Resistance now). Failure at 0.9901 then Retest Support (former Resistance) 0.9650/39 ( its Median Channel) Next Support at 0.9547. Below 0.9470 potentially retest 0.9296. Below 0.9296 potentially retest 0.9091.
Long
by Wahyu_Luck
NZDCHF A safe long-term sell optionThe NZDCHF pair has been under the selling pressure of a Lower Highs zone for more than 5 years (since December 2016), forming a long-term bearish Channel that is more accurately illustrated by the Fibonacci Channel extensions and retracements. This zone has rejected the price 7 times with the most recent being on the March 28 2022 1W (weekly) candle. This chart is on the 1W time-frame. What makes NZDCHF an even stronger long-term sell opportunity, is that the price action from December 2020 until today, resembles the sequence from May 2016 to August 2017. Common characteristics besides the price action and the three Lower Highs zone rejections, include the 1W RSI sequences and the 1W MA50 (blue trend-line)/ 1W MA200 (orange trend-line) convergence. After the 3rd rejection, the price dropped to the Support of the last Lower Low of the Channel. Right now this Support is at 0.60800 and this is our target within Q3 of this year. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Short
by TradingShot
1
USDCHF: Key Levels to Watch 🇺🇸🇨🇭 USDCHF keeps rallying. Here are major key levels for you to watch. Resistance 1: 98.9 - 99.0 area Resistance 2: 1.0 - 1.003 area Resistance 3: 1.022 - 1.024 area From these structures look for pullback trades. Support 1: 0.945 - 0.948 area From that structure look for a trend-following trade. Once one of the key levels is reached, wait for confirmation first and only then open a trading position. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
16
AUDCHF Neutral medium-term, 0.7465 long-term.The AUDCHF pair is currently holding the 1D MA50 (blue trend-line) as Support and in a similar sequence as the June - September 2020 pattern, it may turn sideways on the medium-term and consolidate. However, since the 0.618 Fibonacci retracement level has been broken, most likely it will maintain the bullish trend on the long-term. The next 1D MA200 (orange trend-line) contact, will most likely be the long-term buy signal. Our target is the 1.236 Fibonacci extension around 0.7465. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
4
AUDCHF: A Month Long Horizontal Channel is BrokenAUDCHF has been ranging in a horizontal channel (0.6900 ~ 0.7080) since last month. This week, the price has broken the range to the downside, accomodated by a strong bearish impulse. Now the price is forming a bearish flag, which gives us a great opportunity to short the bearish continuation. Entry Criteria: First, we will wait for a breakout to the downside from the bearish flag. We will then enter sell positions on retest of the lower flag trend line . Very simple and straightforward sell setups
Short
by NicoBeau_Capital
AUDCHF: Your Trading Plan For Today 🇦🇺🇨🇭 Hey traders, AUDCHF formed a huge head and shoulders pattern on a daily. This week its horizontal neckline was broken, now we see its retest. To short with a confirmation, I am currently monitoring a triple top pattern on 1H. We need an hourly candle close below its neckline to confirm a bearish continuation. Only then I will short on a retest. Initial target will be 0.683 If the price sets a new higher high on 1H, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
5