AUDCHFHey traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.688 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Swissfranc
CADCHF: Potential Long Trade Explained 🇨🇦🇨🇭
CADCHF is coiling on strong structure support.
To buy the market with a confirmation watch 0.74 - 0.7415 horizontal minor resistance.
Your trigger will be its bullish breakout. You need 4H candle close above that to confirm a breakout.
Then a long position should be opened on a retest.
Goals will be 0.74444 / 0.74589
If the price breaks horizontal support to the downside, the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
USD-CHF Swing Long! Buy!
Hello,Traders!
USD-CHF is going down after retesting
A horizontal key resistance level
And the pair is destined to retest
The long term rising support line
From where I think the pair
Will go up towards the target above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
NZD-CHF Will Fall! Sell!
Hello,Traders!
NZD-CHF broke out of the rising channel
And is now retesting the broken support line
Which has turned into a resistance
So I think that after the retest is complete
We will see a move down
To retest a horizontal support below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
✅NZD_CHF WILL GO DOWN|SHORT🔥
✅NZD_CHF was trading in an uptrend
In a rising narrowing wedge pattern
But now we are seeing a bearish breakout
And I think that after a pullback and a retest
Of the wedge the pair will fall down
To retest the demand level below
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
NZD-CHF Local Long! Buy!
Hello,Traders!
NZD-CHF i s trading in an uptrend
In a rising parallel channel
Which makes me locally bullish
And the pair has retested the rising support
From where we are already seeing a bullish rebound
So I think that the price will keep growing
Towards the rising resistance above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
✅NZD_CHF WILL GO UP|LONG🚀
✅NZD_CHF is trading an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is already making
A bullish rebound from the support
So a further move up is expected
With the target of retesting the level above
LONG🚀
✅Like and subscribe to never miss a new idea!✅
USDCHF WEEKLY SHORT
Strong Down Trend Leg On Weekly
Leg1
Start Price: 0.98491 (open)
Date: March 23rd 2020
End Price: 0.89027 (close)
Date: Jan 04th 2021
Leg 2 (Entry Sell)
Entry: 0.93386
Stop Loss: 0.94602
Date: 17th March 2022.
Take Profits:
Price has been stuck in a sideways range since 22nd Feb 2021. This is a weak pullback in based on structure and price action. Price Action stated that strong trends usually take the form of TWO with trend legs. WAIT to enter on a Low 1 entry on the 4HR TF (@0.93386).
Take Profit Calculation:
Fib Retracements
Fib Extension of previous weekly Swing High: (March 4th - 16th)
Target 1 = 0.8999 (R;R = 2.98)
Target 2 = 0.87418 (R:R = 5.49)
Fundamentals Backdrop
Short USD
~ High Inflation
~ Debt from Stimulus and Ukraine Aid
~ Swiss Frank is risk off currency
~ Swedish Central Bank is keeping interest rates at current levels which is Less hawkish than US Fed Quantitative Tightening Fiscal Policy.
Cheers! First Trade Post Ever! :)
EURCHF turning bullish for the rest of the year.This is the EURCHF pair on the 1W time-frame. In the past two weeks, the pair has posted a strong rally, recovering almost all of the late February's losses. The last time that the pair has had a similar two-week rally after contact with the Lower Lows trend-line (bottom) of the Channel Down, was in May 2020. That kickstarted a +1 year (gradual) rise that topped on the Lower Highs trend-line of the Channel and in fact got rejected on the 1W MA200 (orange trend-line).
As a result, our plan on EURCHF is to buy every pull-back for the remainder of 2022, with an initial target the 1W MA50 (blue trend-line) and then the 1W MA200 in extension.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------