Usdchfforecast
USDCHF 100 Pips Swing trade Will it break 100,200 EMA resistanceUSDCHF
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⏳14 Hour chart
🎲 Swing trade
⛳️Bullish entry
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Detailed analysis 💬
1️⃣ 0.90000 Swiss national bank intervention level
2️⃣ 0.90000 Strong trend reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off CHF
4️⃣ RSI has reached around 39.00 Oversold condition
5️⃣ MACD about to cross the signal line, histogram is slowly fading towards green
6️⃣ Stochastic reached below 25 Oversold condition
7️⃣ Short term Technical support - Bullish
8️⃣ 50,100,200 EMA cluster resistance for bull
9️⃣ Bollinger bands reached lower side of the band
🔟 Possible swing target-0.91400 (23.6% Fibonacci) Point of control area
#️⃣ Overall long-term trend- Bearish
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Bullish entry #usdchf
Entry price -0.90400
Take profit 01 - 0.90900 (50 Pips)
Take profit 02 - 0.91400 (100 Pips)
🚫 Stop lose 0.90050 ( 35 Pips)
⬆️ 1.11% Growth expected
⤴️ Account growth .39 : 1.11
✅ Risk reward ratio 1 : 2.84
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USDCHF | Perspective for the new weekWith over 100pips running in profit since my last publication (see link below for reference purposes), the US dollar has continued its downtrend against the Swiss franc for the fourth consecutive day. Signs of a further decline in the Greenback continues to be emphatic as price breaks down and retest Fr0.90800 to make new Resistance level for future "sells".
Tendency: Downtrend (Bearish )
Structure: Trend Channel | Breakdown| Supply & Demand
Observation: i. Price appears to continue to respect the Downtrend that began in April 2019 as it gets caught in a Descending channel pattern.
ii. Connecting the lower highs and lower lows of price with parallel trendlines support my downward trend bias.
iii. Price making lower low since the beginning of the month points at the sellers' momentum at this juncture as we experienced a significant Breakdown followed by a retest of Fr0.90800 level last week.
iv. For me, Fr0.90800 level shall be my yardstick (new Resistance level) for selling opportunities in the following week(s).
Trading plan: SELL confirmation with a minimum potential profit of 150 pips.
Risk/Reward: 1:5
Potential Duration: 1 to 4 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.
USDCHF | PERSPECTIVE FOR THE NEW WEEKOur last publication on this pair fetched 247pips profit (see link below for reference purposes); Price action caught within the sandwich of Supply and demand zone (bearish Rectangle) since the Impulse leg that began late April 2020, we continue to see the potential of shorting the USD/CHF pair despite the recent news regarding the COVID-19.
Tendency: Downtrend ( Bearish )
Structure: Bearish Rectangle | Supply and Demand | Trend
Observation: i. Within the Supply and Demand zone, it is observed that price continue to find it difficult to test the Supply zone since Sep. 2020.
ii. Hence, justifying recent Lower Lows as the rejection of 0.92000 level on the 2nd & 11th Nov. 2020 (Double Top) points toward the risk of further decline in the coming week(s).
iii. It is also worthy to note that the little Breakdown of 0.90000 in the previous week hints at the strength of the Sellers at this juncture.
iv. Breakdown and retest of 0.90000 in the following week(s) will open a window for me to add volumes to my Sell positions.
Trading plan: SELL confirmation with a minimum potential profit of 400 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.
USD / Chf time to buy, but not now.USD / Chf time to buy, but not now.
What I see from usd / chf at the moment is that the price has broken through to SnD2, at that time there was a bullish movement, then the price returned to point X to retrace.
Usually, when the price breaks the SnD twice, the trend has shifted.
at the moment I see Usd / Chf retrace, its validation is a few pips below X.
if the price continues to fall, the analysis to buy in the green area is definitely invalid.
USD/CHF SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
USD/CHF: Daytrade-Execution
Notice: Market kinda choppy today! Keep your risk low with an aggressive management!
Market-Sell-Order:0,90580
Stop-Loss: 0,90740
Target 1: 0,90430
Target 2: 0,90350
Target 3: 0,90200
Target for One-Target-Trader: 0,90350
Stop-Loss: 16 pips
Risk: 0,5% - 1%
Risk-Reward: 2,46
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Peace and good trades
Irasor
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USDCHF SWING TRADE 14-OCT-2020USDCHF-Technical analysis
USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone
the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will
bounce from this level and the swing target would be 0.92000 which is a key psychological level
SWING TRADE-USDCHF
Entry point @ 0.91200
Take profit @ 0.92000
Stop lose @ 0.90750
80 Pips target R:R 1:2
Don't risk more than 1% of your capital
USDCHF SHORT PRICE ACTION FORECAST This pair has been trading downward since last month, and it is currently breaking the ascending trendline with a retest and forming a robust bearish candle signaling the downward movement. Expecting the closing of the H4 candle to place a short entry
The order:
Type: sell-limit
S/L: 40 pips - R:R | 1:3 -
T/P: previous swing low
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USDCHF - Outlook 11 October 2020 - Sell sell sell!!!!Hi all traders,
This is a video analysis on usdchf.
As always, i have mentioned some of those important levels within the video analysis for you to take note.
Do trade safely for usdchf for next week and hopefully you would be able to make some pips.
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Daily Update__ Buy__USD/CHF-- W1Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
USDCHF SHORT PRICE ACTION FORECAST Since last week, this pair has been under a bearish bias, currently breaking the ascending trendline and previous supply zone. Expecting a pullback toward the confluence area to place a short entry capturing the downward movement
The order:
Type: sell-limit
S/L: 32 pips - R:R | 1:5 -
T/P: previous support level
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