USDCHF ! Trading at uptrend line, short trade idea.USDCHF broke the horizontal support of 0.99150. Right now, USDCHF is trading around the 4hour up trendline. For today, check will yesterday's level of 0.99150, then I think it will go down to 0.98400, If the level of 0.99150 is broken up, USDCHF is expected to rise to the level of 0.99700.
Usdchfforecast
USDCHF | Don't miss this Sell Opportunity.When it comes to the technical analysis of USDCHF , considering the resistance and support areas in higher timeframes, this currency pair is still in downtrend. So we likely to see a strong impulse to the downside as soon as the price finds a strong resistance area, which is the R1 area marked on the chart. So it would be a good area to go short. However, the next supply area is too far from the R1. So if you are going in, make sure to place the stop loss according to your risk/trade. To be on the safe side, before going in, at least wait for the price to break the S1 and retest. First and second targets are also marked on the chart(T1&T2).
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
If you find this technical analysis useful, please like & share our ideas with the community.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCHF top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GREAT OPPORTUNITY ON USDCHFDo Not Rush this
Wait for price to break the support zone at 0.99456 the retest.
Bear Movement can go all the way down to 0.94000, though little hindrance at 0.97798 but that should hold it much for the bear market.
Another possible scenario;
Price break above the resistance at 1.00765, retest and make Bull movement all the way.
Where do you think the market will go next?
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.
USDCHF - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on USDCHF.
Here we can see that price broke the market structure, so I am looking for a short position if price rejects from bearish orderblock + institutional big figure 0.99000. As a target I expect price to fill the imbalance below from 0.96639.
Like, comment and subscribe to be in touch with my content!
USDCHF | Perspective for the new weekPrice is currently within a strong supply zone which has a strong memory of selling pressure at around 0.98500. Are we going to be witnessing another selling pressure from this zone this week or a breakout of this zone to the upside will signal a bullish momentum?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks 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 ! Trading in major resistance, long trade idea USDCHF is trading around 0.98600, a level tested twice before. It is very important that this level is a good resistance at this time. For me, the trading forecast is that this time the USDCHF will rise and the rise will continue. Because Price action is still no bearish momentum.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.96654
TP: 0.95484
SL: 0.97805
Bias: Short
The price pattern is displaying a bearish bias . If we consider the current price actions and the current dynamic trends at macro or micro level, one specific pattern is obvious and that is the upcoming selling opportunity. Considering the sentiment and overall directional bias , we can go for a short set up.
USD/CHF Possible SetupHey Guys!
At the current moment the weekly bias on the usd/chf is long.Or in other words, price is likely to reach 1.00641 before reaching 1.93699.
That said, I'm 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