As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9965. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.993. TP4: S2=0.9895. Set the stoploss of these orders at breakout of R2=0.9975. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Signal ID: 64645 Time Issued: Sunday, 31 March 2019 21:01:15 GMT Status: open Entry: 0.99326 - 0.99513 Limit: 0.98977 Stop Loss: 0.99727 The Breakout Opportunities system has just sold USDCHF at 0.99442. The system recommends entering this trade at any price between 0.99326 and 0.99513. The signal was issued because the USDCHF has broken its 24-hour low while our...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
USDCHF did move upwards in Week 13, even though it moved according to analysis, but the move is more of a consolidating move than a strong move. Nonetheless, traders who went long on this pair would be able to get some profit out of USDCHF. In Week 13, it managed to break into Bullish level 2. Possible reversal pattern was spotted at level 2 and the lack of a...
USDCHF is approaching our first resistance at 0.9983 (horizontal pullback resistance, ascending channel’s resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a drop to our major support at 0.9944 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance. Trading CFDs on...
Price seem to re trace to the resistance level and after waiting for confirmation, looking for potential short entries
Last usdchf was unfortunately a loss, how ever i'm jumping in again. This is a idea and not intended as a signal. Trade at your own risk Thanks
Hi All , I opened a buy on this pair last Friday and i had to close the position with 30pips . Price is still unable to break the support & now we back to the weekly uptrend channel . This area has held firm previously and push the price higher. A more aggressive entry is what i'm taking here and why i have a bigger stop to just after the next support if this...
hey guys, dollar swiss is still very bearish, and now we see some correctional movement after reaching 0.99 level. as you see the price is coiling in a rising parallel channel called the flag pattern. We will be looking for selling opportunities as soon as bears break and close below the flag. however, we have an obstacle with identifying a resistance level,...
Hi All , Opening a buy position on this pair , In the coming weeks we should see USD picking up pace and testing previous resistance . Many Thanks.
USDCHF has printed double top and printed pin bar at retest of neckline.Safe entry can be at break of inside bar low.
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.995. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9895. TP4: S2=0.985. Set the stoploss of these orders at breakout of R2=0.997. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
So far this long term short trade is going very good, caught a decent first entry and a perfect second entry (yellow circles). Now there are 2 things i will watch: 1) If we move up and break the red zone, i will close half and wait for a re entry. 2) If we drop and break that big green support zone, i will increase 50 to 100% at the yellow circle. So after...
Taking a look at the USDCHF Daily chart today. Technically, we are in an interesting spot for the cross, having just crossed through parity (when currency crosses are equal - i.e. 1 US dollar = 1 Swiss Franc). Currently, the pair is being supported by two bullish trendlines, one dating back to 2011 and the other (dashed line) dating back to Feb of 2018. Price is...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
This is my long idea on the usdchf This is purely an idea and not intended as a signal. Trade at own risk. Thank you
The Stoch RSI level of USDCHF is below ten. Therefore its going to become a buy going forward. TP: 1.001-1.004