Bearish run expected on USDCHFPivot: 1.0080
Our Preference:
Short Positions below 1.0080 with target at 0.9930 and 0.9790 in extension.
Alternate Scenario:
Above 1.0080 look for upside with 1.0150 as targets
Comment:
As long as the resistance zone at 1.0080 is not broken , the risk of the break below 0.9930 remains high.
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Usdchfanalysis
USD/CHF Giving A Good Bearish Price Action , Time To Sell ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
DeGRAM | USDCHF retest the resistance USDCHF moved out of the descending channel and made a higher high.
The market formed a consolidation zone at the support level.
Price broke through and closed above the consolidation zone.
We expect a retest of the resistance level .
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USDCHF 50/50 FOR LONG AND SHORTMarket has been ranging since May 2022
If price should break the trendline and react to the zone @ 0.98798 then move bullish in order to retest the trendline without breaking about 1.00640, that should be our first confirmation that the market can go BEARISH.
Second confirmation: If price should break through the previous zone of 0.98798 after retesting the trendline then that is the other confluence to go BEAR on USDCHF all the way down to 0.94441
USD/CHF Setup UpdateHey Guys!
The weekly bias's main target was hit this week. So the weekly bias for the usd/chf is back to neutral.
In this post I explain how this set up formed, moreover how I managed this set up for the last couple of weeks.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
USDCHF Next Possible MoveTechnical Analysis Chart Update
USD / CHF ( U.S Dollar / Swiss Franc )
Time Frame - H3
Rising Wedge in Long Time Frame #LTF and Rejecting from the Lower Trend Line #LTL and Daily Resistance Level
Elliot Waves - Completed " 123 " Impulsive waves in Long Time Frame #LTF , it will follow Sell Trend to complete its " 4th " wave
Completed the Impulsive Wave " 12345 " and it will Follow Sell to make its Corrective Wave " ABC "
Selling Divergence in #RSI
USD/CHF Running In +50 Pips From Last Analysis, Important UpdateThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USD/CHF Setup UpdateHey Guys!
At the current moment the weekly bias on the usd/chf is still long.Or in other words, price is likely to reach 1.00641 before reaching 1.93699.
That said, I'm still currently looking for a short entry. In this post I explain the dynamics of the weekly bias as well as the reasons behind why I'm looking for a short entry.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
USD/CHF Very Near Perfect Res Area , Can We Sell It ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
DeGRAM | USDCHF retracementUSDCHF is trading in the descending channel .
The market formed a consolidation zone at the resistance level.
Price is making lower highs and higher lows indicating a consolidation.
We expect a pullback from the resistance level .
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USD/CHF Made H&S Pattern , Still Not Confirmed, 2 Places To SellThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
DeGRAM | USDCHF retest the resistance USDCHF moved out of the ascending channel .
The market formed a consolidation zone at the support level .
Price broke and closed above the consolidation zone.
We expect retest of the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!