UDSCHF Potential for Bearish Continuation | 19 October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Usd-chf
USDCHF on a symmetrical triangle 🦐USDCHF on the 4h chart is moving between 2 converging trendlines.
The price after the last test of the upper trendline is retracing lower and possibly today after the NFP we can see a break above.
How can i approach this scenario?
I will wait for a potential break of the dynamic resistance and when that will happen i will look for a nice long order according to the PLancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Fading into USDCHF engulfing.USDCHF - Intraday 9pm uk expiry - We look to Sell a break of 0.9914 (stop at 0.9945)
The bearish engulfing candle on the daily chart is negative for sentiment.
A break of the recent low at 0.9915 should result in a further move lower.
We look for losses to be extended today.
Short term bias has turned negative.
Our profit targets will be 0.9842 and 0.9832
Resistance: 0.9950 / 0.9970 / 1.0000
Support: 0.9920 / 0.9900 / 0.9870
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential for Bearish MomentumOn H4, price has rejected the key resistance level hence we are bearish bias. Looking for a breakout sell entry 0.9932, where the 23,.6% fibonacci retracement and previous swing high is.
Take profit will be placed at 0.9793 where the 50% retracement sits and stop loss is placed at 1.0058 where the swing high sits
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bearish Continuation| 18th October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential for Bearish Continuation| 18th October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USD/CHF below 1.0001(Short Position)Hello Traders
Looks like there is no way for the USD to climb over the 1.002 in USD/CHF.
So here is why we are bearish on USD/CHF:
1- RSI and Stochastic are declining (1hr TF) and also showing RD-.
2- Rising wedge pattern has been broken.
3- Possible Double Top formation.
4- Micro momentum is bearish.
Targets have been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USDCHF Potential for Bullish MomentumOn H4, with the price moving above the ichimoku cloud , we have a bullish bias. Looking for a breakout buy entry 1.00710, which is in line with the previous swing high, 127.2% fibonacci extension and 161.8% fibonacci projection to the take profit at 1.02369, where the previous swing high is. Alternatively, the price may drop to the stop loss at 0.99549, where the 23,.6% fibonacci retracement and previous swing high is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bullish RiseOn H4, with the price moving above the ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 1.00710, which is in line with the previous swing high, 127.2% fibonacci extension and 161.8% fibonacci projection to the take profit at 1.02369, where the previous swing high is. Alternatively, the price may drop to the stop loss at 0.99549, where the 23,.6% fibonacci retracement is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bearish Continuation | 17th Oct 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential for Bearish Continuation| 14th October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0222, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential for Bearish Continuation| 14th October 2022We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0222, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF to post another double bottom?USDCHF - Intraday - We look to Buy at 0.9922 (stop at 0.9897)
Our short term bias remains positive.
We look to buy dips.
The previous swing low is located at 0.9916.
We look to buy dips.
50 4hour EMA is at 0.9919.
Our profit targets will be 0.9982 and 0.9992
Resistance: 0.9990 / 1.0020 / 1.0050
Support: 0.9970 / 0.9950 / 0.9920
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential for Bullish Continuation | 13th October 2022We have a bullish bias on USDCHF on the H4 chart. Prices are trading above the Ichimoku cloud indicating a slightly bullish market. Looking for a break out buy entry at 0.9970 where the swing high,127.2% extension sits. The stop loss will be set at 0.9868, which is the previous low and the overlap support sits. Take profit will be at 1.0050, where the swing high is situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential for Bullish Continuation | 12 October 2022We have a bullish bias on USDCHF on the H4 chart. Prices are trading above the Ichimoku cloud indicating a slightly bullish market. Looking for a break out buy entry at 0.9970 where the swing high,127.2% extension sits. The stop loss will be set at 0.9868, which is the previous low and the overlap support sits. Take profit will be at 1.0050, where the swing high is situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential for Bullish Continuation | 11 October 2022We have a bullish bias on USDCHF on the H4 chart. Prices are trading above the Ichimoku cloud indicating a slightly bullish market. Looking for a break out buy entry at 0.9972 where the swing high,127.2% extension sits. The stop loss will be set at 0.9868, which is the previous low and the overlap support sits. Take profit will be at 1.0046, where the swing high is situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential for Bullish MomentumWe have a bullish bias on USDCHF on the H4 chart. Prices are trading above the Ichimoku cloud indicating a slightly bullish market. Looking for a break out buy entry at 0.9958 where the swing high,127.2% extension sits. The stop loss will be set at 0.9855, which is the previous low and the overlap support sits. Take profit will be at 1.0054, where the swing high is situated.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Potential for Bullish Continuation | 10 October 2022We have a bullish bias on USDCHF on the H4 chart. Prices are trading above the Ichimoku cloud indicating a slightly bullish market. Looking for a break out buy entry at 0.9954 where the swing high,127.2% extension sits. The stop loss will be set at 0.9868, which is the previous low and the overlap support sits. Take profit will be at 1.0046, where the swing high is situated.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF - Over-Bought Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDCHF is overall bullish trading inside the brown rising broadening wedge, and it is currently approaching the upper brown trendline.
Moreover, the zone 1.0 - 1.005 is a strong resistance zone .
So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance zone and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
Since USDCHF is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
and of course, as it retests the blue support, I will be looking for buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF Potential for Bullish Continuation | 7th October 2022We have a bullish bias on USDCHF on the H4 chart. To add to this bias, the price is above the Ichimoku cloud, indicating a bullish market. Looking for a retracement buy entry at 0.98496, which is where the two 50% Fibonacci lines intersect. The stop loss will be set at 0.97804, which is the previous low and the 100% Fibonacci line. Take profit will be at 0.99509, where the last swing line high is situated as resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.