Just a possible script to happen on H1 chart, after London session opens we can see what way does it takes, if it is, it will be going short to form a head then continue with a head & 2 shoulders formation.
USDCHF is testing its resistance at 0.9808 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9751 (23.6 % Fibonacci retracement, horizontal swing low support) could occur. Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop could occur.
HI GUYS DON´T MISS THIS OPPORTUINITY ! NICE TRADES EVERYONE!
The Tidal Shift Strategy has just bought USDCHF at 0.97764. The system recommends entering this trade at any price between 0.97584 and 0.97944. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 2.672, which suggests that the USDCHF could be trending upwards.The 14-period Average...
Watch price action. Rejection at trend line will be sell signal with first TP at 0.95000
USDCHF is close to making a Lower High on the 1D Channel Down based on its neutral RSI = 48.212, ADX = 30.653 and Highs/Lows = 0 figures. We will short this high with TP = 0.94800.
PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
Hello, We have a good opportunity on the USDCHF Chart, USD has a very weak structure in these days. As you can see we touched the top of the trend line (It seems stable), now we can have some kind of bounce effect. I suggest you to put a Short order and the stop loss should be : .97000. I hope I was helpful, have a good day !
USDCHF is testing its resistance at 0.9604 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9554 (horizontal swing low support) could occur. Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding drop could occur.
Sell below 0.9604. Stop loss at 0.9626. Take profit at 0.9554. Reason for the trading strategy (technically): USDCHF is testing its resistance at 0.9604 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9554 (horizontal swing low support) is expected. Stochastic (55, 5, 3) is approaching...
The Tidal Shift Strategy has just sold USDCHF at 0.96054. The system recommends entering this trade at any price between 0.95932 and 0.96176. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 4.90323, which suggests that the USDCHF could be trending downwards.The 14-period...
The US Dollar has been depreciating against the Swiss Franc since the beginning of September. This movement has been bounded in a descending channel. Currently, the pair is trading near the lower boundary of given channel. The common scenario would be a reverse from the lower channel line and a surge towards the upper boundary of the descending channel located...
Hi Dears It looks like a bear market. But remember that nothing in this world is 100% Good Luck
Two possibilities here on the larger timeframe for this pair. With SNB and FOMC on tap, we'll have a clearer picture for the next major direction on this pair. Until then, stick with lower time frames and keep stop losses tight. Good luck!
The Tidal Shift Strategy has just sold USDCHF at 0.96508. The system recommends entering this trade at any price between 0.96396 and 0.9662. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 4.2451, which suggests that the USDCHF could be trending downwards.The 14-period Average...
usdchf in the stronger support zone but it must be waiting a chance
PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE