Get started

Usdchfforecast

USDCHF ANALYSIS 15 - 19 FEB ANALYSIS -------------- DAILY TF: BULLISH ENGULFING + INVERSE HEAD & SHOULDERS PATTERN 4HR TF: BREAK OF RECENT LOWER HIGH 1HR: BULLISH BREAKOUT OF CONSOLIDATION BOX PLAN OF ACTION ---------------------- - WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS - IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES ENTRY REASON -------------------- - BREAK OF CORRECTION PHASE STOP LOSS @ TO BE DETERMINED AFTER CORRECTION TAKE PROFIT @ NEXT ZONE
Long
by Terapips
3
USDCHF | Perspective for the new weekThe price moved in our direction (180pips) as predicted in my last speculation on this pair (see link below for reference purposes). After a 2 month long battle, Buyers finally broke above the key Fr0.89300 level (neckline) on Thursday... A complete reversal pattern is formed (Inverse Head and Shoulder) as I anticipate a rally soon. Tendency: Uptrend ( Bullish ) Structure: Reversal pattern (Inverse H & S)| Breakout | Supply & Demand Observation: i. It is fascinating to see how my Key Level @ Fr0.89000 becomes a decision maker last week after an emphatic breakout. ii. Buyers finally redeems the hope of going Long in the coming week(s). iii. After finding bottom @ Fr0.87600, Price has continued to appreciate as it keeps finding Higher Highs till the Breakout happens. iv. I can not ignore the appearance of the Inverse H & S (a very strong reversal pattern); Bearish Leg that began mid-2020 falls to make a Shoulder and then rises to the Neckline(Fr0.89000); price then falls again and below the former Shoulder to make a Head and then rises again; finally, the price falls again but not as far as the second Shoulder to usher in a successful Breakout. v. Looking forward to a correction into Demand zone as I shall watch out for significant spring up from this proposed new Demand area. Trading plan: BUY confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:4 Potential Duration: 10 to 20 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
1
USDCHF BULLS LINING UP FOR NEXT IMPULSEAfter the correction at the golden Fibonacci level 618 in confluence with the key level at 0.8988, the price action shows some consolidation. However, the candles are forming LH the uptrend bias remains intact. A potential long setup above the consolidation area allows a decent R:R 1:3 "---" 1:5 "__" -- *** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***
Long
by OGFXTRADER
USD/CHF Update !!Good Day Traders !! On this pair we just completed the 5 waves of the impulse corrective continuation pattern on the monthly timeframe and we just started the ABC corrective wave. On the Weekly timeframe we have a the price that started creating a rising Wedge and this is why we expect it to retrace to the neckline of the H&S and begin his next impulsion. From a daily perspective we have a H&S formation and we expect the price to go retest the neckline before the continuation to the upside. From an institutional perspective we can see that we have a pretty strong CHF since we added more than 4500 long position on the last report in addition to hedge funds closing 750 short position.On the USD we are seeing that the $ is showing weakness overtime since we had only -2300 Net position back in November and now we are sitting at -14K Net position. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. I also linked my previous idea about this asset. Trade safe !!!
by TheDayzen
2
USD/CHF Has Rejected Resistance LevelThis has rejected the resistance level that I marked out in my previous analysis. My medium term target is 0.86993 although this is still in a bullish mood on MACD and EMA's have not yet crossed so we need to be cautious. It may be better to trade this with short term goals to reach to overall target of 0.86993. With this in mind I have marked out 0.89261 as a support that needs to be passed, so this can be a TP level before assessing the situation when it reaches here for another entry.
Short
by olly48
USDCHF | Perspective for the new weekThis is a follow up to my last publication (see link below for reference purposes) as price action is confined within our reversal structure (Inverse H & S) and Range (Channel) with the tendency of a rally that might lead to the correction of the overall downtrend perspective. Tendency: Uptrend (Bullish) Structure: Reversal pattern | Breakout | Supply & Demand Observation: i. Since price action is caught within a Supply & Demand channel (Fr0.88200/0.89200), price is back at the Demand zone. ii. After the successful Breakout of Fr0.88400 at the beginning of the year, the price has been going through a corrective phase with visible rejection from the demand zone. iii. In the coming week(s), I shall be looking forward to 61.8/78.6 retracements to join the rally. iv. A significant Breakdown of Fr0.88200 in the coming week shall trigger a conscious approach as only an engulfing Bullish candle from this zone will be the signal to look out for. Trading plan: BUY confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:5 Potential Duration: 5 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
3
USD/CHF SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CHF: Daytrade- Preparation Market-Sell: 0,88890 Stop-Loss: 0,89280 Point Of Risk-Reduction: 0,88530 Take-Profit: 0,88150 Stop-Loss: 39 pips Risk: 0,5% -1% Risk-Reward: 1,90 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me.
Short
by Trading2ez
3
USD CHF MAY GO LONG ACCORDING TO MY ANALYSIS. {18/1/2021}Disclaimer:- Educational Analysis says Usd Chf may go Long according to my technicals. This is not an entry signal. I have no concern with your profit and loss from this analysis. Why Long? Because the 15 min timeframe market is making a higher high and higher low, it means the start of an uptrend. For Additional Confirmation on this trade. you may go for 15 min there, the pitchfork tool may help you with this analysis in a more disciplined way.
Long
by VishalBudhrani
USDCHF | Perspective for the new weekIn my last publication on this pair, I projected that the Bearish run that began in November 2020 has found a bottom and a reversal is at the corner (see link below for reference purposes), but unfortunately, it didn't go as expected as it took price exactly 30days to complete an Inverse H and S pattern (Reversal Pattern) with clues of how to hop in the rally. As USDCHF cap below Fr0.89200, a break above this zone in the coming week would complete a “Head and Shoulders” triggering corrective recovery above Fr0.89400 for a rally. Tendency: Uptrend ( Bullish ) Structure: Reversal pattern (Inverse H & S) | Supply & Demand Observation: i. Inverse H& S: Bearish Leg that began Nov. 2020 falls to make a Shoulder and then rises to the Neckline(Fr0.89200); price then falls again and below the former Shoulder to make a Head and then rises again; finally, the price falls again but not as far as the second Shoulder. ii. The Reversal pattern explained above supports a Breakout of the Neckline zone @ FR0.89400 in the coming weeks. iii. For the cautious, a successful Breakout followed by a Retest of this zone might be a signal to hop into the rally. iv. Please note that this is a counter-trend opportunity which might lead into a corrective phase of the obvious Downtrend. Trading plan: BUY confirmation with a minimum potential profit of 180 pips. Risk/Reward : 1:3 Potential Duration: 4 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
2
USDCHF - Determining time for USD Bull right now2020 finally prove to be the time for USD Bear,.. I have been forecasting for a trend change to bullish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the downside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one. USDCHF price is now really at the bottom (low value area) of High TF ascending corrective structure. If USD really will get stronger, I see no better time than now to reverse. We close last week with a clear momentum to the upside. I see no other option to make use of this upcoming bullish trend beside from take the long entry as early as possible as it shows any sign of reversal. I’m now waiting for just one more trigger for the price to confirm the move to the upside and trigger my long entry. I’m expecting the price to form a small bullish continuation structure (H1 or M15 depending on structure). I will take a long entry as the price break the bearish continuation structure. Lets see how will this pair develop. Good Luck __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Long
by moa_trading_journal