Major support is being tested. For the long run I see a 5th wave coming out. Shabat Shalom!
The overall trend is bearish. However, the latest price actions may suggest a correction before the resuming the downtrend.
Yes weekly is for long term trader so I am. Lots of thing giving long signal on this pair, market is dynamic so we have to wait and see if price hit our entry point @0.7256
USD/CHF trading in a very narrow range waiting for Breakout pass red. LONG after double long shadow on green around 0.9880 Target Profit @0.9990
Wave structures exposed. Happy trading! WARNING : Trading is all about risk/reward. If you are rookie & does not have a trade/money management you are likely to lose money. An accurate forecast does not necessarily mean trade.
Elliott Wave Impulse is ending, and price action is reaching a very significant support level.
The USDCHF is currently consolidation and trading within a downward range. The correction and retracement is not far away, and will occur by the 15th of April. You will see a break above from the historical support. Wait for a break above the resistance line.
Bearish triangle looks like a continuing trend, and 23.6 level on the Fib looks significant. Wait for the breakout on the lower level of the triangle to enter. Downtrend still looks like it has some strength left.
Forecast for the both sides of chart. Happy trading! ______________________ START MAKING MONEY with INSIDEMARKET TRADE SIGNALS . Mail me to InsideMarketFX@gmail.com or at Skype @insidemarket168 Trade record & statistics: miud.in
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Seems to have broken through two levels and downtrend does not seem like it's over. Waiting for a target at .95072, where I will reverse my short position anticipating a new uptrend.
The Swiss Franc has always been one of my favourite currencies to trade because it abides by support and resistance lines... except when the SNB intervenes.... ouch that one hurt. In any case, what you are seeing here are arrows point up from very strong resistance lines stretching back several months. The A arrow points up from the weakest support, the second...
A/R's giving support around 0.99 Red down fork's UML-H is broken with a nice close and a PinBar, marking more support for the pair. Going for upper Extreme (blue / black A/R) P! Free, very basic A/R Crouse: mytradingcoach.teachable.com
Keep this bad girl on your radar screen. When she breaks she will move.
A five-cent range may serve for a change of direction on daily basis. If that is the case, the price would seek the falling trendline (blue-traced line). Happy trading! ______________________ WANT TO TRADE THIS ANALYSIS? Contact me for trade signals: insidemarketfx@gmail.com / Skype: @insidemarket168
Strong impulse to the upside within the 'C' wave range. Happy trading!
Some guidance with Rate of Change indicator. Happy trading! ____________________________ SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168).