USDCHF - SWING - 17. SEPT. 2020Welcome to our weekly trade setup ( USDCHF )!
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1 HOUR
Bullish price action and break above main sr level.
4 HOUR
Very strong bullish pa and pressure.
DAILY
Overall strong buys right now, good long entry!
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FOREX SWING
BUY USDCHF
ENTRY LEVEL @ 0.91070
SL @ 0.90570
TP @ 0.91830
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Usdchfbuy
USDCHF is bounced from 0.90000 markUSDCHF
USDCHF is making a big falling wedge pattern which is similar to the
WXYXZ Elliott impulse wave pattern is a indication of the buyers
are gaining some strength to make this pair more bullish
Yesterday the upside resistance trend line was broken and it's currently
in a retest phase which will give as a good risk reward ratio
We can open buy orders at this level and the potential take profit
will be 0.92000 which is a major psychological and it's coordinates
with the upside trend line which is still intact since may
If the major trend line is broken we can expect a longer bullish run towards 0.97000
In H4 chart the price is trading above the 50,100 Exponential moving average and the
next hurdle is a 200 EMA will act as a recent resistance to the bullish run
If the price broken at 0.91500 it's a clear sign of more bullish trend
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only
USDCHF - potential upsideHi all traders,
For usdchf, we are still in a range bound, but within the range, we have a potential break and retest fail area.
Im hopeful for this to break towards the upside for this pair.
Cheers!
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USDCHF Buy setup!USDCHF buy idea is a clear as daylight, pretty much confident that price will playout as follows. Price will push up, and then retrace before another strong push to the upside, I will enter after the retracement takes places. Amazing R:R. Nothing but price action trading we do over here. However, I am also aware that we are at a key support level so, we also keeping an eye on this level incase price decides to breakdown to the downside, but that's quiet unlikely as again, this level as been respected just for about a month. Comment your thoughts below
USDCHF BUY/LONG DIVERGENCE + HUGE WICKIn this trade we have multiple confirmation for the BUY/LONG:
USDCHF:
Divergence On Daily
Multiple Wicks
Reversal Near Previous Reversal Zone
Magic Magenta Uptrend
Indexes:
DXY(US DOLLAR INDEX)- Showing Signs Of Strength
SXY(Swiss Franc INDEX) - Showing Signs Of Weakness
USE PROPER RISK MANAGEMENT
ALL GLORY BE TO THE MOST HIGH
SMILE AND GIVE THANKS
SET AND FORGET!!!