EURCHF LONGLong-term trend is strongly bearish but we could take good mid-term profits in corrections. We could take even more profit if a reversal happens.
1- At top of the cloud.
2- Creation of a ascending channel is possible.
3- Far enough from the bearish trendline .
4- A strong resistance is broken and intersects the top of cloud.
It seems smart money is trying to make retail traders SLs hit!
Levels are drawn regarding bottom of the cloud and touching range of the cloud and the TP3 is about 50% of the impulsive ling-term mid which is a possible correction.
Enter a long position!
Take some profits on levels and follow the signal for more instructions.
Swissfranc
USD-CHF Risky Short! Sell!
Hello,Traders!
USD-CHF has retested a horizontal resistance level
And we are now seeing a bearish reaction
So I think that some further move down
Is coming, as a bearish correction is overdue
But CHF pairs are always unreliable so please
Risk no more than 0.5% of the account
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
✅CAD_CHF WILL GO HIGHER|LONG🚀
✅CAD_CHF is trading in a local uptrend
And we can see that the pair
Broke a confluence of the horizontal
And falling resistance levels
Which turned into support levels
So after a retest of the demand area below
I think the pair will go higher
To retest the next supply area
LONG🚀
✅Like and subscribe to never miss a new idea!✅
GBP-CHF Will Go Down! Sell
Hello,Traders!
GBP-CHF is retesing a horizontal resistance level
And as the pair went up without pullbacks recently
It looks overboght to me, so I am expecting
A bearish correction and a local move down
From the resistance to retest a support below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
USDCHF longToday the price became bullish, the price most likely pull back a bit before it start bullish.. but its best to keep an eye out for the breaking of resistance 0.925..
The price pulled back from 0.925 previously and then picked up from support 0.911 and 0.911 have been tested several times making a strong support level at the moment..
overall weekly chart is showing the price may likely go bullish but for now our main target is 0.935
good luck
EUR-CHF Breakout Again? Buy!
Hello,Traders!
EUR-CHF is trading in such a manner
That I feel like the boy who cried wolves
Every time I pronounce a bullish breakout
Yet this time it seems like the breakout is for real
Which couppled with the double bottom pattern establsihed below
Allowes us to hope that a local bullish correction will take place
With the first target being the resistance above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
USDCHF: Preparing For a Bearish Wave 🇺🇸🇨🇭
Hey traders,
USDCHF is trading in a global bearish trend.
The market is falling since 2016.
The price set a new low at the beginning of 2021.
Then a correctional movement started.
Since August the pair is trading within a horizontal trading range.
I believe that the next bearish rally will initiate after a bearish breakout of a range's support.
Next goals will be 0.894/0.88
Remember that the range can be broken to the upside as well.
In case of such a scenario, the market may retest 0.947 year's high.
❤️Please, support this idea with like and comment!❤️
✅USD_CHF LOCAL LONG🚀
✅USD_CHF is set to retest a
Strong support level below
After breakout of the rising support line
And while I've now got a mixed bias on the pair
A bullish rebound a correction are likely
With the target being a local resistance above
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Swiss Franc / US DollarThis is another specific position against the inflation happening in the US Dollar .
Betting against the US Dollar in a "safe-heaven" currency as the Swiss Franc is considered as such.
The total money supply of the US Dollar went from 4 trillion dollars in 2020 to currently over 6 trillion dollars. I have nothing to add here.
Depressive times need a little bit of imaginativeness when it comes to investing, particularly important is the awareness of future changes in the FED's monetary policy, whether dramatically polarizing events will occur or not and how this as a whole will have an impact onto the markets for the next years.
USDCHF at bottom of rising channelUSDCHF could be set to have it's first positive day since 21st December as it sits within the lower boundary of a rising channel.
We also have a recent supply zone directly below the channel boundary offering additional support.
This looks like a potentially high risk reward trading opportunity, market structure is bullish and we have seen a strong serious of higher lows - I don't expect structure to break here so a bounce before the bottom of the supply is my expectation.
This is not financial advice, you are responsible for your own trading decisions.
*** PLEASE LEAVE A LIKE AND FOLLOW TO SHOW YOUR SUPPORT ***
Any questions or comments I'd be happy to discuss below.
CHF-JPY Swing Bearish Setup! Sell!
Hello,Traders!
CHF-JPY is trading in a rising channel
And the pair is going up to retest
The rising resistance line of the channel
Which means that we have a right to expect
A bearish pullback, but becasue the pair is in the uptrend
And the trade would be counter trend one
We will have to wait for a confirmation to form
Before we jump into the shorts
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!